Indian stock market zone for Stock Market reports and Analysis

Nagarjuna fertilisers

2009-06-04T18:47:00.001-07:00

Nagarjuna fertlizers is in the news because of the fact that the new minister MK Azhagiri has said that “maximize domestic production of fertilizers and would work towards ensuring the timely availability of subsidized fertilizers and pesticides to the farmers in the country”

The other main fertilizer companies are

Rashtriya Chemicals and Fertilizers

National fertilizers

Gujarat State Fertilizers Company

Nagarjuna Fertilizers & Chemicals

Deepak Fertilisers and Petrochemicals Corporation

Tata Chemicals

Chambal Fertilisers & Chemicals

Tata tele – Tata Communications

2009-06-04T18:45:00.001-07:00

Tata tele or the Tata Teleservices is the listed communication arm of the TATA group.

TATA indicom is another company in the communications stable of the TATA group.

TATA teleservices operated primarily in the Maharashtra circle.

The entire TATA group has these four companies which are

Tata Teleservices Limited (TTSL)

Tata Teleservices (Maharashtra) Limited (TTML),

Tata Communication (erstwhile VSNL)

Tata Sky

These four companies offer the following

* Telephony Services: Fixed and Mobile

* Media and Entertainment Services: Satellite TV

* Data Services: Leased Lines, Managed Data Networks, IP/MPLS VPN, Dial-up Internet, Wi-Fi and Broadband

* Value-Added Services: Mobile and Broadband Content/Applications, Calling Cards, Net Telephony and Managed Services

* Infrastructure Services: Submarine Cable Bandwidth, Terrestrial Fiber Network and Satellite Earth Stations and VSAT Connectivity

Latest news : Tata Teleservices are offering mobile banking and mobile commerce via ICICI Bank.

The tower company which is TATA tele QUIPPO is complete the merger deal which was supposedly in trouble with induction of new partners.

Tech Mahindra share price

2009-06-04T18:44:00.001-07:00

Tech Mahindra share price has seen good spurt in prices because of the fact that they acquired Satyam a couple of months ago and now they are onto becoming a complete global IT software services player.

However the stock will remain under pressure due to Global recession and no increase in demand for software development projects by US companies.

Tech Mahindra also got clearance from SEBI for its open offer for Satyam and it is a matter of few days before they will get full control of Satyam.

Tech Mahindra had bought 51% stake in Satyam at Rs.58 a share.

You should be checking the satyam stock price also

Alok Industries

2009-06-04T18:43:00.001-07:00

Alok Industries is a textile company which has shown tremendous increase in sales but now with global recession it is becoming tough to maintain those sales numbers.

This stock was a multi bagger at some point when the market was good but now it is a stock that has to be traded very cautiously.

Also it has not become very tough in the textile industry to show growth because of lack of demand in the US and Europe markets.

Avoid this stock and instead but some other stocks like Punj Lloyd.

Note: A bulk deal for selling 3,000,000 shares at Rs 23.3 a share of Alok Industries was there yesterday.

Emaar mgf

2009-06-04T18:42:00.001-07:00

This company is a real estate company which has been till now doing reasonably well but then after the recession hit it went in tailspin and was bailed out by DDA after they agreed to purchase the 333 flats at Rs. 700 crore.

Meanwhile in a related development Emarr MGF started their first hotel project in Jaipur and it will be managed by ITC subsidiary Fortune and will be named as Fortune Select Metropolitan, to be managed by an ITC subsidiary.

Emaer MGF is not listed and other real estate stocks which are listed are Unitech, DLF and Omaxe.

Reliance Launches Reliance Infrastructure Fund

2009-06-04T18:40:00.001-07:00

The Reliance Mutual Fund which is part of the Reliance Anil Dhirubhai Ambani group has launched Reliance Infrastructure Fund.

Fund type – Open ended

Investing details - equity and equity-related instruments

Sectors for investment

Infrastructure and infrastructure-related sectors such as

Transport

banks

financial institutions

energy

power

oil

metals

minerals

telecom

urban infrastructure.

Sandeep Sikka the CEO of Reliance Mutual Fund said that “Undoubtedly, infrastructure is a key priority for India and we also hope a spurt of infrastructure spending in the economy on the back of the stable government and ease of project financing. Moreover, the valuation looks more attractive and the environment being stable with the new government settling in.”

Two Plans being oeffered are

Retail Plan – Minimum Invetmnet Rs. 5000 and in multiples of Re. 1 thereafter

Institutional Plan - Rs. 5 crore and in multiples of Re 1 thereafter

Also there are two types in each plan which are Growth Plan (growth option and bonus option) and Dividend Plan (dividend payout option and dividend reinvestment option).

Asset Allocaton will be 65% in equity and remaining in debt and money markets.

Scheme is open till June 23^rd

About reliance Mutual fund

They are the biggest in India and have a corpus of about Rs 88,388 crore for over 71-lakh investors as on April 2009.

SBI share price

2009-06-04T18:38:00.001-07:00

The largest bank India is now a big behemoth with almost everything being related to finance and capital markets witnessing good growth.

In Fact SBI has now sbicapsec as well as SBI Insurance and SBI housing which are giving the private companies a run for their money.

DLF stock

2009-06-04T18:36:00.001-07:00

DLF is trading at 397.00 and it was up on May 29^th also as the company’s promoters are selling their stake by some percentage which is reported 5.5%.

The reason that DLF is witnessing strong demand is because of the fact that with the new government in place it would be hard not to look at real estate players in the stock market

These players taken a beating in the recession but now are coming back strongly.

Government is sure to put lot of efforts in the infrastructure and housing sectors.

Promoter Stake Sale

Earlier the porters had sold 6.8 crore shares, about 9.9% equity and they raised about in the market raising nearly Rs 3,864 crore. Deutsche Bank and JPMorgan finalized the deal.

This is what Sanjay Sharma had to say “"It is evident that there has been strong demand from long-only investors for the DLF deal. The DLF block has been done at a 2.6% discount to the previous closing price," he added.”

Competitors in the real Estate Industry are

Unitech STOCK, Parsavnath,Omaxe,Tata Housing and many other players.

The registered address of the company is

Registered Address

Shopping Mall, Third Floor Arjun Marg, Phase - I Gurgaon 122002 Haryana

Tel: 0124-4334200

Fax: 0124-2355581

Suzlon share price for Suzlon Energy

2009-06-04T18:33:00.001-07:00

Suzlon share price is reaching new highs after being hit hard by global recession.

In a related development the promoters Tulsi Tanti and family did offload 4 percent of their stake for a total value of Rs 569 crore. This will help part-finance the buy-out of the stake held in Suzlon's German subsidiary, REpower Systems AG, by Martifer SGPS of Portugal.

Total shares sold - 60 million shares

Current Holding now is 60 percent for the promoters

Here is who sold the stake

Rambhaben Ukabhai - 27.5 million shares i.e. 1.84 per cent stake

Girish R Tanti - 23.5 million shares i.e 1.57 per cent stake

Nidhi Tanti - 8.62 million shares i.e 0.60 per cent stake.

Here is what Tulsi Tanti had to say “The funds raised through the sale of this stake are going to be used primarily to advance inter-corporate deposits through promoter group entities to the Company to part-finance the buy-out of the stake held in REpower Systems AG by Martifer SGPS. This stake sale will ensure that the overall timeline in implementation of REpower integration is not delayed," said Tulsi Tanti, chairman and managing director of Suzlon”

Companies which bought the stake are DKR Oasis and Prudential Asia

Suzlons stake in Repower is now 83%

Satyam stock price – Satyam computers

2009-06-04T18:31:00.001-07:00

The Satyam stock price has zoomed today to a new high of 63.00.

It is primarily based on the thinking that the new management under Tech Mahindra will layoff 10,000 people and that will help manage the finance situation.

In fact a lot of investing experts have put a buy rating of the Satyam Stock with a stop loss of Rs 53.

Looking back Tech Mahindra had bought Satyam at a price of RS 58 which was considered very high at that time.

Here is what was said at that time

“Tech Mahindra Ltd has informed BSE that the Board of Directors of Satyam Computer Services Ltd has selected Venturbay Consultants Pvt. Ltd, a subsidiary controlled by Tech Mahindra
Ltd as the highest bidder to acquire a controlling stake in Satyam Computer Services Ltd, subject to the approval of the Hon'ble Company Law Board.”

News about Satyam

Satyam has also named Venki Prathivadi as its manager for operations in Australia and New Zealand.

This is in place of Deepak Nangia who resigned because of personal reasons.

10 paisa - the online trading site

2009-06-01T12:40:00.000-07:00

10 paisa is the online trading site for Indian investors.
10 paisa is definitely not the best one among the slew of online trading offering which are there. The main companies which are there which have been the best ones are
Icicidirect.com
Hdfc
Kotak Mahindra
Apart from these there are a lot of others like India bulls.

In my view icicidirect is the best one as that has the best online look and feel and the ease of trading. The best way to make money online is via trading online.

They may be more expensive in terms of trading and brokerages but again they benefit that offer is far more than combined many others.

Even in the mutual fund arena they offer the best advantages when it comes to buying mutual funds of all asset management companies and the ease of redemption.

Now the challenge in India always is that there are no major personal finance training sites and so majority of people like you and me will have to figure out the basics by ourselves and then work out the best possible investing stratgies. That said there are a number of people in the US who blog about personal finance training and you can read them to get insight into investing planning and then apply it in the Indian context.

Unitech stock guide

2009-05-31T13:12:00.000-07:00

Unitech stock was in great doldrums in the past few months because of the huge debt that they had but now they have become somewhat comfortable after doing these two things and these are
QIB offering – very successful in that
Selling off the stake in the major hotel properties in and around India
Selling of stake in Unitech wireless.

They are now launching smaller budget properties in all the cities which have become more sought after the TATA housing project success

Moneybhai - What is moneybhai?

2009-05-31T13:10:00.000-07:00

Moneybhai is a venture of money control where you can play the investing game very easily and hence this can become the best way to learn how to invest in the markets.

Apart from this moneycontrol.com is a very good website which can easily be considered the best as there are so many others like the equitymaster.com or the ndtvprofit.com