ACC @782 (250408) gets 1094 panch-tattva points and is good for purchase for long term.
P.S. There have been many results announced. You are welcome to obtain from us the panch-tattva points for the scrips of your choice for payment of Rs 100/- per scrip.
RELIANCE @2603 (220408) gets 924 panch-tattva points and you may buy this only upon some correction for medium term. When it crosses 2960/- price level it will be time to get out of this stock . Thius advice holds good only up to the next reuslt time.
P.S. You may get 10 (ten) good and exclusive recommendations during the month for a poayment of Rs 500/- . You may contact me at 09376168780 or 09724313034.
SATYAMCOMP @459 (210408) gets 1044 panch-tattva points and you may buy it regularly and sell part quantity for booking profit on surges and retain rest for medium term.
P.S.Many results are pouring in now . You may obtain the recommedation and ‘panch-tattva ‘ points for the scrip of your interest by paying Rs100/- per scrip. While sending your request please keep in mind that the company concerned should be listed on NSE and should have a turn over of not less than Rs 1000 crs on yearly basis. It should also be listed for at least two years.
ROLTA @311(ex-bonus/170408) gets 1024 panch-tattva points and may be bought regularly and sold partly on surges. Rest of the quantity may be retained for medium term.
Friends,
Wealth amassed by Indian billionaires is estimated to be at $340.9 bn according to Fobes and is nearly 31% of GDP of India. The worth of billionaires in China is just 3% of GDP . The USA’s billionaires hold an equivalent of 11% of GDP of USA. On macro level the world has 1125 billionaires who posses wealth of $4.4 trillion which is about 7% of world’s GDP.
Do you not feel that India’s leftists who hold the key to government’s survival at center , have in fact allowed the above to happen during last four years without a whimper. The wealth of Indian billionaires has gone up may fold during last four years. They only kept crying foul of Nuke Deal and just insisted on higher interest rate on PF funds earlier which , by the way , is lower than the yield on gilt edged securities , now. One can simply see the pseudo nature of their political behavior. Do they realize that most of their stand have helped the rich in getting richer . The Congress deserves no better marks on this score and is more to blame. Their latest concern for the high steel and cement prices is also with the intention of helping the rich who actually require these material for building palatial houses . The Indian poor villager builds his hut with locally available material with his own hands but suffers for lack of availability of food grain locally as the govt.’s long arm takes away all stocks by offering support pries to the rich farmers who have surplus to sell.
The marginal farmer actually requires to buy some part of the total need for the food grains. The govt. than designs in his name to offer the rotten stuff at cheaper rates through distribution mechanism meant for BPL (below poverty line ) house holds but after adding the transportation , administrative , storage and pilferage costs and fails o deliver in the end. Isn’t a great mockery of matters when the world has many more highly rated business, political and economic schools. How can an exercise of this nature which takes away some thing locally consumable to long distances first and brought back be useful for any body. Procurement at support prices is never an answer. This in fact distort many a things and put the land to irrational use. The benefits to the poor and the needy farmers should be coming directly.
By direct I mean that the revenue collected through income tax and excise duty on luxury items should come to be spent for direct benefit of the target section of society , with least cost involved. Incurring insurance expenditure for coverage of the standing crops and live stock, for the coverage of the life risk of income earner of the poor families and for such other matters should be from the exchequer . This will leave an accounting trail and a record of payment made towards relief. The natural and man made calamities are the real things that hurt an house hold the most.
HariOm,
krsnaKhandelwal
WIPRO @459 (170408) gets 957 panch-tattva points and may be bought on correction from this level. Howver, if you will pick up in small lots over the next fortnight than there would be no problem.
Friends,
It is bankruptcies of ideas of govt. and its advisers that they have not saw it fit to restrict the development of population clusters around metros of the country. It has not got any advantage from any angle. It was due to govt. keeping on investment directed towards these areas inspite of crying need of other regions which could have developed in a more organised manner for the same rupee of investment in infrastructure.
There are reports that Gurgaon is under tremendous pressure due to creaking infrastructure which never got ahead of the requirement, Delhi is virtually hell around fringes. So is the case with Mumbai Metro region which saw floods of menacing proportions and would have to live in fear at all times in future. Banglore is suffering from the lack of road network and congestion. Chinnai goes without water. Kolkata goes without amenities of every kind. Pune is reeling under commuting problems. Hyderabad is some what a better place but still lacks good quality mass-transportation. It is Ahmedabad only that has grown beatifully so far and has had all facilities growing in quality and availability with growth. It shall ahve a beautiful river front and efficient BRTS (Bus Rapid Transport System). It can boast of wide roads to take care of the traffic. Its ratio of cars and two-wheelers per 1000 population happens to be highest in the country.
If some balance is to be achieved , the govts. should now do every thing to restrict the growth of the metro cities. This can be done by imposing some tax on having businesses in metro region and by having some professional tax collected from the salaried class and from the professionals. I would have preferred to have a tax collected from every one staying in these regions but it may have politically non-palatable outcomes. The Shiv Sena has a movement directed against the North Indians flooding the streets in Mumbai. It is in fact in bad taste but also has at its back the need for having lesser number people in a limited space. Mumbai has become so very difficult to live in and to do work that no amount of infrastructural development can make it truely livable. So what the govt. does for its development at tremendous cost is becoming a self defeating excercise. In the end I may say that lure for the metros has to wane. the steel and cement in short supply are due to the demand for it from the metros without the equivalent benefit for the citizens. let us see the light of the day and not keep development from reaching the hinterland and offer no comfort to the ones livinng in metros. The best of worlds is achievable only when the metros have population moving out in some proportion and other cities having greater attention of the got. and greater share of expendabble infrastuctural rupee.
HariOm,
krsnaKhandelwal
Friends,
I have , over the whole of last month , through a number of posts, in variety of ways , tried to convince you that the smart money was picking stocks and the noise on the channels and in the corridors of power were misguiding. If you had belief and acted accordingly , there would a sense of great relief now as for the first time over the last more than three month a chance has been given by markets to make some money on investments.
The Nifty has closed past 4950 level with conviction. The RBI has in the mean time announced 50 basis point rise in CRR (cash reserve ratio) to be effective in two installments , of which one will be immediately applicable. This would suck out an amount of Rs18500 crs from the system. Ordinarily this would mean a downward push to market but I think it is perched at a such level and at such a juncture that it may well ignore the CRR punishment. The govt. has done it to curb inflation which I think is result of continuous high prices of crude oil and continuous robust demand for metals and machines from the developing countries . There are in fact no easy choices. The inflation rather price rise in respect of core sector items and the oil is in fact conveying an important message for every body that there should be more economical use of these items , their supplies are not abundant enough. Our ministers are unnecessarily falling over each other and vouching to curb the inflation coming out of an economic reason. The steps in direction of helping the poor household through some direct subsidy on items of essential nature are no doubt required and the govt. has announced a few such measures in last few days. There is going to be a burden on exchequer and any attempt at sacrificing revenue through lowering of duties on steel and other such items would be a foolish step.
The age old formula of Congress of punishing traders for the price rise and sending them to prison under essential commodities act is going to be applied again. Its only an eyewash for traders never hoard material and incur interest while there is whole world ready to fill a pocket of high price with stuff at a shortest possible notice. Gone are the days when the lack of information and non-availability of transport used to crate havoc in pockets of scarcity .
If there is fall in indices today , make use of it by buying and catch the missed bus if that was the case with you.
HariOm,
krsnaKhandelwal
PETRONET @79 (170408) gets 983 panch-tattva points and you may book profits on surges on part quantity in hand, those who want to buy it should buy only on declines and for long term.
(You may ask for the recommendation for ’sonatasoftw’,'mindtree’ and ‘cmc’ against payment of Rs100 per item,these companies have posted result for the year ended Mar ‘08 and it is time that you equip your self with ‘panch-tattva’ recommendation if you have interest in any of these.)
BASF @210 (160408) gets 1083 panch-tattva points and qualifies for investment for medium term.
You may obtain the panch-tattva points and the recommendation regaring ‘jay bharat maruti’ for payment of Rs.100 after its results have been announced yesterday.
