Share Trading Tips

Buy IDFC at Rs 128.3-131.4, Stop loss at Rs 126.5, Target at Rs 136.3-144.3 Buy Ashok Leyland at Rs 26.9-27.3, Stop loss at Rs 26.8, Target at Rs 27.8-28.8

Sell MCX Feb Crude oil at Rs 4995/ 5000, Stop loss at Rs 5020, Target at Rs 4945/4925 Buy MCX April Gold at Rs 28480/ 28470, Stop loss at Rs 28420, Targets at Rs 28580/28630

MindTree was started in August 1999 by a diverse team of 10 professionals who came from three different nations and had already scripted successful careers. MindTree Ltd. is a global IT and Product Engineering Services Company with deep knowledge in specific domains. MindTree is acknowledged as the best mid-size software services company out of India [...]

ALICON CASTALLOY CMP – Rs.63 BSE Code : 531147 NSE Symbol : ALICON Q2FY12 & FY11 Results of ALICON CASTALLOY During FY11, sales on consolidated basis advanced by 65.1% to `346.3 crore but net profit rose by 14.2% to `15.3 crore. OP and NP margin stood at 12.1% and 4.4% against 17.3% and 6.3% respectively [...]

Ranbaxy laboratories The Punjab-based drug maker reached a settlement with the US drug regulator while setting aside US$500 million to address its potential liability from a separate US Justice Department investigation. The new consent decree with the US Food and Drug Administration (FDA), which is subject to approval by the US District Court in Maryland. [...]

ABB The Bengaluru-based power and automation company jumped after the ABB group booked an order worth more than Rs 4000 cs-ore front Power Grid Corporation of India to deliver all ultrahigh-voltage direct current transmission system to supply hydropower from mountainous northeast India to the populous region of Agra in central India, 1.700 kilometers away. ABB [...]

Starbucks is fine tuning its plans to set up stores in the country in partnership with Tata Coffee Suzlon Group’s subsidiary, REpower Systems SE announced that the company bagged cumulative orders of 151 Mw turbines from across Europe and North America Lenders to Air India met to vet its revised debt restructuring proposal and said [...]

Revenue grew 2.3%QoQ to USD103.7mn. Rupee revenue grew 13.8%QoQ to Rs5,197mn. Pricing growth of 3.5%QoQ and volume decline of 2.6%QoQ. EBITDA margin expanded 438bpsQoQ to 17.3%. Forex loss of Rs25mn against gain Rs171mn in Q2. PAT was Rs606mn, higher than streets’ and our expectation. EPS was Rs14.9, 10.7%QoQ. IT services continued to grow at a [...]

Reliance Industries The Mumbai-based oil refiner fell as gas output from Reliance Industries’ (RIL) eastern offshore KrishnaGodavari (KG)-D6 gas field declined to a fresh low of 38.66 million cubic metres per day in the week ended IS December 2011 as the company shut five wells due to water ingress, a news agency reported citing a [...]

Mundra Port & SEZ The Ahmedabad-based private port and special economic zone fell on reports the Chennai Port Trust rejected the company’s bid to develop the Rs 3700-crore mega container terminal project at the Chennai port on the ground that revenue share of 5% offered by the company was too low. Mundra port was the [...]