Share Trading Tips

Ramesh Chandak, Managing Director of KEC International expects to hold margins in double digits this year. The company reported a good growth in profitability. The order book will be largely executed in FY11. It has passed FY09 revenues in the perion ended 9 months FY10. A large part of Rs 6500 cr order book will [...]

With reference to the earlier announcements, Hindustan Oil Exploration Company Ltd (HOEC) has informed BSE that Hardy Exploration & Production (India) Inc (“Hardy”) the Operator of PY-3 Field, has informed the Company that the offshore facilities repair activities have been completed and the production from PY-3 Field has re-commenced from Jan 24, 2010. The Company has 21% participating interest in [...]

Mahindra & Mahindra Ltd has posted a net profit after special adjustments of Rs 4137.00 million for the quarter ended December 31, 2009 where as the same was at Rs 436.00 million for the quarter ended December 31, 2008. Total Income is Rs 45214.70 million for the quarter ended December 31, 2009 where as the same was at Rs [...]

India Cements (BOM:530005)  has registered a drop of 43.79% in its net profit for the three month period ended December, 2009 owing to fall in realization and quite less demand in the southern market. The net profit of a South-based cement manufacturer stood at Rs 34.8 crore as against Rs 61.91 crore in the same [...]

Corporation Bank has posted a net profit of Rs 3049.977 million for the quarter ended December 31, 2009 as compared to Rs 2564.707 million for the quarter ended December 31, 2008. Total Income has increased from Rs 19055.195 million for the quarter ended December 31, 2008 to Rs 21122.941 million for the quarter ended December 31, 2009.

Cosboard Industries Ltd has informed that the Company has procured 100 Tons / per month Order for News Print Paper Supply from The Khabara. the leading newspaper publisher from Orissa. Cosboard is a regular supplier to The Khabara and the supplies to The Khabara have become stable and regular.

Sell Godrej Industries around Rs 163-166 with stop loss of Rs 169 for a target of Rs 149-157.5 Buy GTL around Rs 405.5-407.6 with stop loss of Rs 404 for a target of Rs 410.6-415.6 Sell KS Oils with stop loss of Rs 74.50 for a target of Rs 67-64 Sell Aban Offshore with stop [...]

Mercator Lines LTP: Rs 66.00 Mercator Lines Ltd has informed that the Company through its wholly owned subsidiary in Singapore has signed a long-term (7 years) Contract to Charter out a Mobile Offshore Production Unit and a Floating Storage and Offloading Unit. The charter is expected to commence from September 2010 and the estimated value of the contract is [...]

Margins hit by Re appreciation; profits grown in absolute terms; has been able to intergerate acquisitions in Q3FY10: KPIT Cummins Kishor Patil, CEO and Managing Director of KPIT Cummins Infosystem said that the margins of the company were hit by rupee appreciation. Profits have seen growth in absolute terms. Large customer accounts have been stabilised [...]

Buy Visa Steel with stop loss of Rs 44 for targets of Rs 56-Rs 59 Buy Uttam Galva Steel with stop loss of Rs 124 for a target of Rs 142 Buy Bhushan Steel around Rs 1663.30-1690.70, stop loss Rs 1652, book profit at Rs 1729.30-1795.30 Sell GMR Infra around Rs 66.30-65.50, stop loss Rs [...]