Thursday, December 2, 2010

Time to buy Sesa Goa

Currently Trading at : 303
Starting to pick, has seen some increase in the price today.
Trading fairly close to its low.

Tuesday, November 30, 2010

Lanco Infra

* Currently trading at: 62.10
* Lanco has launched 5 MW Solar Plant at Bhadrada, Gujarat, which is one of the largest in the country, has been Commissioned and Successfully Synchronized with the grid on 29th Nov, 2010.
* It has bid for UPCL and has good chances of bagging it too.
* In a letter to stock exchange the company disclosed
        It is hereby informed that, the 1320 MW (2x660) Thermal Power Project being developed by LANCO
Babandh Power Limited, a Group Company, in Orissa, has achieved Financial Closure. The Project,
estimated to cost Rs.6,930 Crores, would be financed with a debt of Rs.5,544 Crores and an Equity of
Rs.1,386 Crores. A Consortium of fourteen Banks and Financial Institutions with ICICI Bank in the lead are
providing the debt required for the project.
               This is of concern as the debt may overpower and lower the share price.
* Lanco has bagged several projects
   - Lanco Group has bagged license of Karnali – 7; a 200 MW Hydro Electric Project in Western Nepal from Government of Nepal. This is the second international hydro project of the Group. With this license, LANCO would be the key and strategic player in the Karnali Basin of Nepal.
   
   - Lanco has been awarded by Airports Authority of India, a Contract for Construction of New Terminal Building at Biju Patnaik Airport, Bhubaneswar. The Value of the Contract is Rs.91.66 Crores (Rupees Ninety One Crore Sixty Six Lakhs).

* Moreover Lanco is celebrating its 25 anniversary. 
 Over all I am bullish on it and believe that it will break its 52 wk high i.e. 74. You take your call !

Friday, November 26, 2010

HCC-I am bullish on it !

  • Currently trading at: 40.15  
  •  HCC Real Estate (HREL), a 100% subsidiary of Hindustan Construction Company HCC holds 64.99% stake in Lavasa. 
  • Lavasa city developer and Hindustan Construction Company's arm Lavasa Corporation has received SEBI clearance for its Rs 2,000 crore initial public offering (IPO), said HCC CFO, Praveen Sood, reports CNBC-TV18 quoting NW18.
  • Moreover it is trading very close to its 52 week low i.e. 39.60
  • Set a stop loss of 39 and you will have nothing to lose. And if it breaks the support at 39 then it might be seriously involved in the scam and might go deep down.

Thursday, November 25, 2010

Orient Paper-Buy

* Currently Trading at : 55.75
* Support at : 53
* Has 2 subsidiaries:
        -Orient Cement
        -Orient fans
    Orient cement just launched a new product with Andra Pradesh government. It is some kind of eco-friendly cement and is thought to earn profits.
* Though company's performance in paper is average, I believe it will pick-up from here.
* Target :65
* Stop Loss : 51.5
Links for your reference
moneycontrol: http://www.moneycontrol.com/india/stockpricequote/diversified/orientpaperindustries/OPI
Companies web-site: http://www.orientpaperindia.com/