Archive for February, 2009

Gold ETFs, gilt funds steal the show

February 28, 2009. Tags: , , , , , , , , ,  •  No Comments

Top-10 fund schemes return over 25% each In 1 year as Sensex loses about 50%…

A touch of gold has done wonders for mutual fund investors in India. Over the past one year, from a group of 925 mutual fund schemes, 10 have given returns of 25% or more. And, these funds are either a gold exchange-traded fund (ETF) or a gilt scheme. Among the top five, four are gold ETFs and one is a gilt fund. Compared to positive returns …

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Stock Tip - Welspun Gujarat

February 25, 2009. Tags: , ,  •  No Comments

Recommendation: Buy

Current price: Rs 71 (at the time of publishing this tip)

Target price: Rs 110

Key points:

Welspun Gujarat registered good growth in the topline on account of higher realisations but the EBITDA margin declined significantly to 9.8%. The profitability declined 53% YoY due to higher interest and depreciation costs. The PAT of the company declined to Rs 45.31 crore resulting in a quarterly EPS of Rs 2.43.
The company registered sales growth of 41% YoY to Rs 1456.63 crore on the back …

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Hurray! SBI now more valuable than Citibank

February 24, 2009. Tags: , , , , , , ,  •  1 Comment

HURRAY! INDIA has proved herself once again. After a sweeping win of Indian artists at the Oscars (I am referring to Slumdog Millionaire winning 8 Oscar awards), an Indian bank has now surpassed the till-now global banking major - Citibank - in terms of market capitalization.

According to a report published in The Times of India, Citigroup, with assets worth $1.95 trillion (Rs 9,72,075 crore), now values less than our own the State Bank of India (SBI). On Tuesday morning (at …

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Stock Tip - Bartronics

February 23, 2009. Tags: , ,  •  No Comments

Recommendation: Buy

Current price: Rs 69 (at the time of publishing this tip)

Target price: Rs 106

Key points:

Bartronics reported Q3FY09 topline at Rs 137.2 crore with a growth of 95.5% YoY and de-growth of 14.6% QoQ. The EBITDA margin at 26.6% improved by 724 bps QoQ and 665 bps YoY on the back of lower raw material costs incurred by the company. PAT for the quarter stood at Rs 24.6 crore, up 125.1% YoY and 22.1% QoQ.
The company had no billing in …

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Stock Tip - Usha Martin

February 21, 2009. Tags: , ,  •  No Comments

Recommendation: Buy

Current price: Rs 24 (at the time of publishing this tip)

Target price: Rs 40

Key points:

Usha Martin Ltd (UML) put up a satisfactory performance amid an environment of global slowdown in a tough Q3FY09. The numbers were in line with the expectations, mainly because of falling sales volumes and lower realisations during the quarter. Net profit for the quarter stood at Rs 39.06 crore, down 5.3% YoY and 25.4% QoQ. Value-added products and a presence in niche markets helped the …

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Stock Tip - Mercator Lines

February 20, 2009. Tags: , ,  •  1 Comment

Recommendation: Buy

Current price: Rs 27 (at the time of publishing this tip)

Target price: Rs 41

Key points:

Mercator Lines (MLL) reported a 40% YoY growth in revenues for Q3FY09 to Rs 530.81 crore on the back of increased vessel operating days (due to vessel additions). However, revenues have declined 18% QoQ owing to a significant decline in the day rates across vessel categories. Rise in the direct operating expense to sales ratio from 17.8% in Q3FY08 to 21.3% in Q3FY09 has resulted …

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Make more money with AdSense using Competitive Ad Filter

February 19, 2009. Tags: , , , ,  •  2 Comments

I am a regular reader of SmartBloggerz and am quite impressed with the content posted there. Today, I liked this wonderful article of tips to earn little more money from AdSense without investing much time, but rather optimizing AdSense for yourself. I was so happy to read this useful tip that I can’t stop from sharing it with larger audience.

One of the main reasons why many times we hardly get 5 cents from clicks is because the ad boxes are …

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