@ Overall Economy

India’s trade deficit stood at USD10.5 billion in October 2008 compared with USD10.6 billion in the previous month. Though the trade deficit is up by 61.2% yoy, the same remains largely flat on a m-o-m basis. With this, the year-till-date trade deficit has now widened to USD75.8 billion from USD45.5 billion in the comparable period of the previous fiscal.

In October, the country’s industrial production declined by 0.4%, the lowest in the past 15 years. This was well below …

Read complete post >>

Recommendation: Buy

Current price: Rs 1,300 (at the time of publishing this tip)

Price target: Rs 1,550

Key points:

Bharat Heavy Electricals Ltd (BHEL) has acknowledged Rs 8,955 crore of orders during Q3FY2009 till date and close to Rs 35,000 crore worth of orders in FY2009 till date. It has recently bagged an order valued at Rs 1,175 crore from the Jaiprakash group for a 2×250 megawatt plant in Bina (phase I). In fact, the order for phase 2 of the Bina project would …

Read complete post >>

Today I stumbled upon a nice article which I was in search of since a long time. I have always been on the lookout of tips to multiply my earnings from Google AdSense, but I was not getting my hands on an authentic information to do so. However when I stumbled upon this post on Smart Bloggerz, I knew it was the info I was hunting for.

What is it? Adsense Revenue Sharing Is an effective way to earn money with …

Read complete post >>

… Continued from Part 1 of the series …

Top additions to the existing holdings of the portfolio of equity funds):

State Bank of India
HDFC Bank
Jindal Steel and Power
United Spirits
Tamil Nadu Newsprint & Papers
Sterlite Industries (India)
Gitanjali Gems
IVRCL Infrastructure & Projects
Suzlon Energy
NTPC
IBN18 Broadcast
Ranbaxy Laboratories
Nicholas Piramal India
Indiabulls Real Estate
DLF
Hindustan Construction Co
Reliance Power
Praj Industries
Bombay Rayons Fashions
Tube Investments of India

Top additions to the existing holdings of the portfolio of mid-cap funds:

Tamil Nadu Newsprint & Papers
State Bank of India
IVRCL Infrastructure & Projects
Siemens
Lupin
HDFC Bank
Asian Paints
Reliance Natural …

Read complete post >>

Despite several banks cutting their prime lending rates (PLR) recently, existing customers have not been benefited from this. Even after a month of the rate cut, a majority of home loan borrowers under floating rate schemes found out that banks including SBI, PNB, and IDBI Bank, have not passed on the rate cut to their existing customers. This benefit remains applicable to new borrowers only!

When interest rates were increased, all banks promtly increased the rates for both, existing and new …

Read complete post >>

Recommendation: Buy

Current price: Rs 191 (at the time of publishing this tip)

Price target: Rs 374

Key points:

Sintex Industries had agreed to buy 90% stake in Geiger Technik GmbH for Euro 35.6 million. Geiger has filed for a restructuring process.
The revenues from the telecom business have been slack for the past few quarters. While the management remained confident of revenue picking up, a slow capex being taken by the telecom business will lead to lower revenues for Zeppelin. Hence a flat revenue …

Read complete post >>

New stocks picked up by equity funds:

Hanil Era Textiles
Henkel India
HFCL
House of Pearl Fashions
Kansal Fibres
Paramount Communication
Pentamedia Graphics
Pipavav Ship Dismantling & Eng
Reliance Energy Venture
Religare Enterprises
Sah Petroleum
Silverline Technologies
Simbhaoli Sugar Mills
Sun city Industries
Torrent Cables
Videocon International

New stocks picked up by mid-cap funds:

Cairn India
DLF
Glaxo Smithkline Pharma
I-Flex Solutions
P&G Hygiene & Healthcare
Punjab National Bank
Reliance Natural Resources
Sun Pharmaceuticals Industries
Videocon International
Voltamp Transformers

Least favored stocks by equity funds:

LG Household & Health Care
Info Edge (India)
C M C
Swaraj Engines
McDowell & Company
GTL Infrastructure
Aarti Industries
IDFC
Amtek India
Whirlpool of India

Least favored stocks by mid-cap funds:

ABB
Jai Corporation
Aventis Pharma …

Read complete post >>