Gamma Infoway Exalt in a fax message has informed us that the company has ventured into IT – systems and network integration sector. The company also provides higher-end network training program all over India with more than 25 centers. Expected annual income from franchisee for first year is Rs 10,04,40,000. Annual revenue generated from systems & network integration for financial year 2008-09 is Rs 26,40,00,000. Total revenue generated for financial yrear 2009-09 expected to be Rs 36,44,40,000. In the year 2008 the company also plans to launch banking call centre. The company is already under talks with major financial & banking institutions.
Year: 2007
Capital Goods Likely Outperformers
All companies have shown tremendous price performance, on absolute levels and relative to the BSE Sensex. In the Capital Goods sector, L&T topped the list, up 178% from last year, followed by Punj Lloyd, Thermax, Voltas and BHEL, all registering growth in excess of 100%. In short-term, correction in the stocks was expected and going forward expect the fundamentals for the sector to remain robust in the coming quarters. The correction is only paving the way for potential upside. (more…)
Indian Economic Indicators
We would like to share the Economic Indicators that we have been mining over several years. We will cover, GDP growth,WPI, Exchange Rate, Fiscal Data, Money Supply, Balance of Payment and Foreign Debt and Reserves.
India GDP Growth:
India’s GDP in %ge was languishing at 3.8% in 2002 and saw a remarkable jump to 8.5% in 2003 with the beginning of Golden Quadrilateral and other reforms set on fire by then Government under Atal B. Vajpayee.
GDP growth in 2004 – 7.5%
GDP growth in 2005 – 9.0%
GDP growth in 2006 – 9.4%
GDP growth in 2007 – 9.0%
GDP growth in 2008 – 8.5% [Expected]
GDP growth in 2009 – 8.81% [Expected]
(more…)
Multibagger Share Recommendations
By readers demand here are some possible multi baggers. DalalStreet.Biz Analysts neither have studied not second the opinions, but this is just the grapevine that we have got from market.
ScripCode Scrip Name Curr. Price Holding Period Target Price
- 526717 GOPALA POLY 10.00 12 Month 75.00
- 532730 SGL 41.75 6 Month 166.00
- 531719 Bhagiradh Chemcials 105.75 1 Month 177.00
- 513530 Stelco 60.00 12 Month 333.00
- 507180 Kesar Enterprises 113.50 12 Month 450.00
- 511607 Sholka Info 30.40 1 Month 250.00
- Punjab Tractor 285.00 3 Month 800.00
- 524731 Jenburph Pharma 44.50 3 Month 250.00
- 500322 Panyam Cement 114.00 12 Month 700.00
- VardhmanTextiles 182.00 12 Month 750.00
- 513335 Ahmednagar Forging 241.00 3 Month 500.00
- 526481 Phoniex Int 54.00 12 Month 450.00
- IDEA CELLULAR138.00 1 Month 180.00
- 532406 Avantel Software 113.00 12 Month 400.00
- 526823 Rajeswari Foundation 31.50 3 Month 100.00
- 524129 Vinyl Chemicals 30.00 3 Month 100.00
- 532764 Gwalior Chem 98.00 6 Month 250.00
- 590033 APW 160.50 12 Month 700.00 average
- 504918 Sandur Mangenese 470.00 12 Month 2500.00
- 590059 Bihar Tubes 172.00 3 Month 500.00
These are purely speculative 🙂
Nagarjuna Construction gets two new orders
India’s leading infrastructure company, Nagarjuna Construction Company has secured two new orders aggregating Rs 307 crore.
The first order valued at Rs 230 crore is secured from the Dakshin Haryana Bijli Nigam (DHBNL), Haiyana for an EPC contract on turnkey basis comprising of supply of material and erection of new 11 KV single circuit lines providing HVDS in Hisar, Haryana State, to be completed over a period of 12 months. The second order is from Thane Municipal Corporation, Than, Maharashtra for water supply scheme valued at Rs 77 crore to be completed over a period of 27 months.
Indian Sugar Stocks Turn Bitter – Bajaj Hindustan + Balrampur chini
The recent rally in stock prices seems to be building in near best-case scenario on cane prices, for which there is still no certainty. Expect sugar price cycle to start turning up from FY09E, margin expansion will still depend on FY09E cane prices, on which there is little visibility given the current policy uncertainty. Further, cane price increases in FY09E could outpace sugar price increases, which would squeeze margins in FY09E. Bajaj Hindustan and Balrampur chini are downgraded to SELL. (more…)