Smart Investor: BSE 500

Showing posts with label BSE 500. Show all posts

Wednesday, March 12, 2014

HCL Info - What Next ??

The stock has risen more than 60% during the last 3 months. On Dec 11 the scrip was hovering around Rs.21 levels and the run up to Rs.36 was pretty fast and furious. While the Nifty rose just 3.23% during last 3 months, BSE Sensex as well as BSE 50 rose 3.3% during the same period, this scrip vaulted giving astounding returns to the investors !

Company Back ground :

HCL Infosystems Limited is an information and communication technology (ICT) company. It is engaged in developing and implementing ICT solutions for diverse market segments. It operates in three segments: computer systems and other related products and services, telecommunication and office automation, and Internet and related services.

The computer systems and other related products and services consists of manufacturing of computer hardware systems, providing comprehensive systems integration, roll out and infrastructure management solutions. This segment also provides information technology (IT) services, including maintenance, facility management and ICT training. On November 10, 2011, it sold its equity stake in HCL Infinet Ltd. Consequently, HCL Infinet Ltd has ceased to be subsidiary of the Company. In August 2012, the Company, through its subsidiary HCL Insys Pte. Ltd., bought the remaining 40% interest held by the NTS Group in HCL Infosystems MEA FZCo.

What Next ?

With the market entering bullish zone all the small and mid cap shares are seeing re-rating and scaling new highs each passing day. HCL Info may stay subdued in the days to come, taking a pause to jump higher and higher. For the time being our Team suggests to adopt a Sell on Rise SOR strategy for playing safe in this volatile counter.

Smart Investor

Equity Research Division

Ravina Consulting
No.24 Pattamal Plaza
3rd Cross Kamannahalli
BANGALORE 560048

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Monday, June 27, 2011

Amara Raja Batteries - Buy

Amara Raja Batteries: The company manufactures batteries for the auto and industrial sectors. Its Amaron range of automotive batteries enjoy a healthy demand. It is the market leader in India in the VRLA (valve-regulated lead-acid) battery segment with a 42% market share.

In the industrial segment, its product mix includes Powerstack, a modular range with varying capacities, and Quanta, a UPS battery with fail-safe, foolproof technology. These find application in sectors like railways, UPS, defence, oil and gas, and power control. This segment boasts of clients such as BSNL, MTNL , Lucent , Alcatel, Siemens , BHEL and Crompton Greaves among others. The company exports batteries to Singapore, Malaysia, Indonesia, Taiwan, Philippines, Greece, Australia, Kuwait, Dubai, China and Japan. Amara Raja continued to post healthy growth in the last quarter.

Its standalone net profit rose by 12% on y-o-y basis to Rs41 crore, while total income rose 16% to Rs502 crore for the quarter ended March 2011.

An auto sector analyst with Angel Broking says: "The company is expected to see huge replacement demand as auto sales pick up (once the interest rate cycle peaks out), which will help it maintain its volume growth."

Our Recommendation :

Amara Raja gives good trading opportunity. Buy on declines @ 175 and sell !@ 250 holding period

Bought to you by

Ingenious Investor

Equity Research Division

Ravina Consulting

Pattamal Plaza

3rd Cross Kamanahalli

BANGALORE 560084

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Sunday, October 24, 2010

Weekly Review BSE 500

It was another week marked by big swings in benchmark indices. Steep slides of 0.6 to 1 per cent on Tuesday and Wednesday were followed by a strong comeback on Thursday with a two per cent gain. The BSE Sensex and the NSE Nifty ended the week on a flat note, up 0.2 and 0.1 per cent respectively. The BSE Midcap and BSE Smallcap indices, however, outperformed the bellwethers, up 1.4 and 1 per cent respectively. The CNX 500, representing the broader market, was up 0.4 per cent for the week.

Among sector indices, the BSE Oil & Gas performed the best with a 2.7 per cent gain. Other performers were the BSE IT and PSU indices, both of which were up 1 per cent. The BSE Metals and Realty fared the worst, down 2.7 and 2.2 per cent respectively.

Moving on to individual stocks, Indiabulls Financial Services shot up 15 per cent on the backs of strong profit growth for the September 2010 quarter. Good results also pushed the stocks of Canara Bank and Tata Consultancy Services up 14 and 9 per cent respectively.

The stock of pharma player Biocon surged 11 per cent after the company signed a $350 million marketing deal with Pfizer to globally commercialise its biosimilar versions of insulin products. The stock Merck gained 11 per cent for the week after the company announced an interim dividend of Rs 95 per equity share.

Essar Oil's reporting of net profits for the September 2010 quarter against the losses previously, together with reports that the company was eyeing oil and gas blocks in Africa, led the stock to a 7 per cent gain for the week. A fall in promoter pledged shares of Alok Industries and a proposed merger of its subsidiary with itself sent the stock up 6 per cent for the week.

Commercial Engineers and Body Builders Co, which raised about Rs 153 crore, at an issue price of Rs 127, through an Initial Public Offering listed on Monday. The stock is now trading down 7 per cent from issue price, though it touched a high of Rs 144.8 on the BSE on listing day.

A quarter-on-quarter decline in net profits for the September 2010 quarter for Wipro sent the stock sliding 5 per cent in the week.

Similarly, steep declines in year-on-year September '10 net profits of CEAT led to a drop of 3 per cent in its stock price. The stock of Sesa Goa dropped 8 per cent on the backs of poor September quarter results and ONGC claiming pre-emptive rights on Cairn India's participating interests.

Source : Businessline