Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Stock Market Calendar – 07th June 2010

Stock Market Calendar – 07th June 2010
Buy Page Industries for Medium Term
Buy ABG Shipyard with 2-3 Years Perspective
Buy IVRCL – Accumulate on Decline
Buy BGR Energy System for Medium Term
Reliance Communication 26% Stake Sale Approved

Stock Market Calendar – 07th June 2010

Posted: 06 Jun 2010 04:10 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL 07/06/2010 Caprolactam Chemicals Ltd. Board Meeting : Audited Results eClerx Services Ltd. Board Meeting : Bonus Issue Gujarat Foils Ltd. EGM 07/06/2010 – To issue and allotment of Shares ofmore.. Hercules Hoists Ltd. Board Meeting : Audited Results Indiabulls Financial Services Ltd. Book closure date from : 07/06/2010 to : 14/06/2010more.. Indiabulls Securities Ltd. Book closure date...

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Buy Page Industries for Medium Term

Posted: 06 Jun 2010 04:06 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Investors with a medium-term perspective can buy the stock of textile-and-retail player, Page Industries, trading at Rs 850, at 24 times its trailing 12-month per-share earnings. The stock lacks direct comparables, whether in the textile or retail space. Still, closest comparable Maxwell Industries trades at a discount [...]

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Buy ABG Shipyard with 2-3 Years Perspective

Posted: 06 Jun 2010 04:04 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Investors with a two-three-year perspective can consider limited exposure to the stock of ABG Shipyard. Lull in order flows, slower execution pace and liquidity issues, as a result of severe cash crunch faced by shipowners globally led to Indian shipyards being de-rated from an average price-earnings multiple [...]

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Buy IVRCL – Accumulate on Decline

Posted: 06 Jun 2010 04:01 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL IVRCL Infrastructures & Projects (IVRCL) has mitigated the risk of slower pace of project execution in Andhra Pradesh through robust order intake in other segments such as roads. Stability in operating profit margins and significant progress in subsidiary-held BOT projects are also likely to help earnings traction. [...]

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Buy BGR Energy System for Medium Term

Posted: 06 Jun 2010 03:59 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Investors with medium term perspective can consider buying the stock of BGR Energy Systems (Rs 658.6). This stock has defied the market downtrend since April and is currently trading with year-to-date returns of 34 per cent. The stock reached a nadir at Rs 107 in March 2009, but [...]

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Reliance Communication 26% Stake Sale Approved

Posted: 06 Jun 2010 03:56 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Reliance Communication said on Sunday that its board of directors has granted in-principle approval to the sale of 26-per cent stake in the company to strategic or private equity investors. However, the company has not named any buyer or given a timeframe for the proposed sale. Reliance [...]

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