Archive for September, 2008

Stock Tip - Punj Lloyd

September 20, 2008. Tags: , ,  •  No Comments

Recommendation: Buy

Current price: Rs 288 (at the time of publishing this tip)

Price target: Rs 532

Key points:

Punj Lloyd Ltd (PLL) has won an order to engineer, procure, install and commission a 211km pipeline with associated stations and infrastructure in Qatar. The contract is valued at Rs 3,636 crore (US$ 800 million). This is the fourth engineering, procurement and construction order bagged by the company in Qatar alone.
The Middle-East has been one of the key business markets for the company and 27% …

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Stock Tip - Gateway Distriparks

September 19, 2008. Tags: , ,  •  No Comments

Recommendation: Buy

Current price: Rs 87 (at the time of publishing this tip)

Price target: Rs 236

Key points:

FY2008 proved to be a mixed year for Gateway Distriparks Ltd. (GDL) as the company’s top line saw a strong growth in this period on the back of an excellent volume growth. However, a change in the revenue mix in favour of the new businesses and the lower-margin container freight station (CFS) of Punjab Conware led to a decline in the profitability of the company …

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Stock Tip - Hindustan Unilever

September 18, 2008. Tags: , ,  •  No Comments

Recommendation: Buy

Current price: Rs 249 (at the time of publishing this tip)

Price target: Rs 280

Key points:

To combat the surge in its input cost, Hindustan Unilever Ltd (HUL) has implemented a two-pronged strategy of increasing the prices of its products and cutting the pack sizes of its prominent detergent brands. The company has implemented price hikes in the range of 11-20% in its key detergent brands. Prices of some of the key inputs in detergents, such as linear alkyl benzene and …

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Achieving Your Goals Through SIP, Lifestage: Single

September 17, 2008. Tags: ,  •  No Comments

Do you know: When you’re single, investing just Rs. 5000 per month through SIP for 5 years at 15% would become huge Rs. 4.5 Lacs, which you could use for further studies, marriage…

When you’re single, your life-stage goals could be:

1. Continuing higher education
2. Getting married
3. Saving for the down payment of a house

Work, Family, Friends, and the things you enjoy are important in your life. But getting your financial life in order is the priority. What you do, or don’t …

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Stock Tip - Union Bank of India

September 16, 2008. Tags: , ,  •  No Comments

Recommendation: Buy

Current price: Rs 152 (at the time of publishing this tip)

Price target: Rs 180

Key points:

Union Bank of India’s asset quality has improved significantly over the past few years reflecting the bank’s focus on qualitative growth. The gross non-performing assets (NPAs) in percentage terms declined to 2.2% as compared to 2.9% in FY2007. Furthermore, unlike the trend observed in the banking industry, the loans subject to restructuring, rescheduling or renegotiation declined by 26.3% to Rs 287.8 crore in FY2008 as …

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Stock Tip - State Bank of India

September 15, 2008. Tags: , ,  •  No Comments

Recommendation: Buy

Current price: Rs 1,565 (at the time of publishing this tip)

Price target: Rs 1,801

Key points:

With the bond yields cooling off, the banking sector (especially the public sector banks) is likely to benefit in the form of write-back of the mark-to-market provisions made earlier. I would personally prefer State Bank of India (SBI) as it holds significant bond portfolio and is likely to be a major beneficiary of declining bond yields. Besides, SBI should be a good play on the proposed …

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ICICI Prudential S.M.A.R.T. Fund - Win even when market goes down

September 14, 2008. Tags: ,  •  No Comments

As an investor you would have faced the dilemma of trying to reconcile between your desire for higher returns with the need to limit the potential downside on your investments.

ICICI Prudential S.M.A.R.T. (Structured Methodology Aiming at Returns over Tenure) Fund is a close-ended fund that is designed to address the above investor dilemma.

How S.M.A.R.T. fares in comparison with other instruments…

1. Direct equity investments

When markets go up, you profit … When markets go down, you may lose …

2. Debt …

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