IDFC @223(14/01/08) gets 123 panch-tattva post result points and may be bought/retained and also please book profit on part on jumps.
Previous recommendations:
@182 (151007) -1182 pts : buy,sell on jumps.
@131 (260707) -1169 pts : buy for medium term.
@103 (250407) -1161 pts : buy and book profits.
@83 (300307) -1134 pts : buy and retain.
(Ask for EXIDEIND against payment of Rs 100/- , contact 09376168780)
Friends,
Govt. may announce free petro product pricing by the end of this month according to MS Srinivasan, Petroleum Secretay.
India would see investment of $700b over next few years , KV Kamath , MD, ICICI Bank expects.
Mumbai is the least prefered IT destination out of 7 big cities due to realty price and availability of man power.
China’s share of the Indian imports has gone up to 9.4% in 06-07 against 4% in 01-02. Goods import for India was just 1.8% in of India’s industrial GDP in 2001-02 but in 06-07 it constituted 10% .
Out of total stock market gain in 2007 of Rs 35 lac crs , PSUs constituted one third of it. 12 days of Jan 08 have seen erosion of PSU cap by Rs 24000 crs.
The Gap between salary levels in US and India is reducing due to Re appreciation . At middle level it is only 65% higher in USA.
Hotel industry is now covered under factories act and will have to pay extra for work beyond * hours duty period a day.
Cement prices range between 230/- to 240/- per bag across the country and would be lower by 20/- per bag if the VAT is reduced to 4% from 12.5% according to Mr HM Bangur , President , CMA.
Tier III cities has two names (Thiruananthpuram and Manflore) from south India at top two positions in respect of realty development. The bottom two out of ten top are Rishikesh-Haridwar and Raipur, according to global realty consultants Knight Frank of France.
After alliance with Eicher Motors , Volvo is aiming to become a leader in HCV segment.
HariOm,
krsnaKhandlewal
