HT MEDIA – MFGLOBAL Tips

We remain positive on HT Media even as the stock has risen 51% since our upgrade on 29 March 2009. While continued strength in readership for Hindustan Times, Hindustan, and Mint provides support to our estimates, a surge in radio ratings is a positive surprise. Concerns on private treaties (advertising for equity deals) expressed recently [...]

Stock Advice On Hindalco

Company and Industry: Hindalco Industries Ltd. is primairly in the Aluminium and Copper Industry CMP and PE Ratio: Rs. 57.25 with a PE ratio of 3.51 Financial Analysis: Presented below is a table which shows the past five year performance for Hindalco Industries on several key financial parameters. The financials are for the consolidated entity. [...]

Stock Advice On AXIS Bank

Asset quality at risk amid strong performance… Axis Bank (AXB) declared a robust set of results beating our estimates. AXB reported 60% YoY PAT growth to Rs 581 crore (I-direct estimate of Rs 435 crore). The buoyancy in the PAT can be attributed to huge treasury gains of Rs 166 crore coupled with better operating [...]

Stock Advice On Forbes & Company

Forbes & Company (BSE Code 502865)   52 week high/low Rs 305.05/535.00 .  Forbes & Company has three main businesses viz, engineering, shipping and logistics, and business automation. For 9MFYO9, the company recorded a drastic de-growth in both its topline as well as bottomline that recorded a loss of Rs 16.78 crore as compared to the [...]

Stock Advice on Rolta India

About the company The company has been in lime light in its working field and as well as in the capital market. The stock has been highly fancied among the investors and traders and had been highly volatile after the Nuclear deal finalization. About The Results Rolta India posted its financial results for the third [...]

Stock Advice On India Oil & Gas

Stock Advice On India Oil & Gas  – ANAND RATHI Mar ’09 quarter results preview Expect low margins to continue. Q4FY09 results would be struck by lower yoy refining and petrochemicals margins; lower realizations for the crude producer will continue. Positive aspects would be the qoq fall in under-recoveries, no upstream subsidy and inventory gains [...]

Stock Advice On Tata Chemicals (EMKAY)

Poor visibility on soda ash business Tata Chemicals (TCL) management shared cautious outlook on their soda ash business in near future in our recent meeting with company’s key management. Management maintained their view of 10-15% drop in soda ash sales volumes due to recent economic slowdown. However future outlook on global soda ash prices remains [...]

REC – Short Term Investment

REC  (Code: 532955) :- REC was established in 1969 and GOI has holding of almost 82 per cent in the company. The company is planning to provide finance services to creators of transmission and distribution network. Company has equity capital of Rs. 858.66 crores. During Q3 ended in December, 2008 company has earned net profit [...]

Stocks To Watch – Pantaloon Retail

Pantaloon Retail (Code : 523574) : Kishore Biyani-promoted Future Group retail ubsidiary Pantaloon Retail recorded positive Same Store Sales (SSS) for the two consecutive months of January and February 2009. Amidst the ongoing economic slowdown, Pantaloon’s Lifestyle Retailing Segment sprung a surprise registering higher SSS growth than Value Retailing in January. It will open 25-30 [...]

Infosys – Buy

Infosys (Rs. 1297.00) (Code : 500209) : India’s second-biggest software company Infosys Technologies continues to report an operating margin of over 25%, helped by better rates, a robust banking software product business and its reputation as an  fficiently run and ethically governed company. No one in the services business from across the globe has such [...]