Tagged with bajajhind

Sugar Stocks

The following is the earlier post on sugar stocks that appeared on 24th Nov 2019. ‘Buy Sugar Stocks By All Means At this stage of sugar industry when most sugar stocks (talking of U.P. based mills) have slid by between 15% to 30% from their recent peaks there is a big chance to make money … Continue reading

Bajajhind

Bajajhind closed @6.40 yesterday, it looks like it is on verge of breaking up upwards substantially anyday because there is no impending financial risk to it’s existence as the sugar industry is now on even keep with lower domestic production and higher international prices. The management has not been very shareholder friendly but that has … Continue reading

Buy Sugar Stocks By All Means

At this stage of sugar industry when most sugar stocks (talking of U.P. based mills) have slid by between 15% to 30% from their recent peaks there is a big chance to make money by buying a mix of the following: Avadhsugar LTP 240/- Bajajhind LTP 6.50 Balramchin LTP 142/50 Dhampursug LTP 173.25 Dwarkesh LTP … Continue reading

panch-tattva talk…low open interest

Friends, This is a crucial juncture for the markets and surprisingly the open interest in Futures and Options is very low. It is just 2.26 crs in Nifty Futures and 4.75 crs in Nifty Options, in case of stocks it is 105.91 crs/9.52crs for futures/options. This indicates that the option writers are wary of writing … Continue reading

panch-tattva talk…nifty goes free float

Friends, Nifty would go free float from today as was announced previously by NSE. US markets have gained by about 2pc yesterday and Asia is positive today. It may therefore be assumed that in India the opening will at least be at healthy level, also, the results from ‘tatasteel’ and ‘unitech’ which were announced yesterday, … Continue reading

panch-tattva talk…markets uneasy

Friends, It has been over a week since the trading saw suspension for the day after indices hit upper circuit, thrice in a day. Since March 9, 2009, the FII pumped in Rs 24779 crs till 21st May ’09. This saw sensex rise by 70.02 pc. This kind of upmove calls for some rethinking and … Continue reading

panch-tattva talk…taken for a ride

Friends, The sad point about Indian promoters is that they hardly ever care for the small stake holders in their entities. I had on more than one occassion told you about the game plan that the ‘bajajhind’ masters were intending to enact. They have made themselves richer by Rs 70 K crs and have seen … Continue reading

panch-tattva talk…auto sales

Friends, The auto sales have improved in the month of march. Hero Honda has sold 7.3pc more numbers.M and M has improved tractor sales by 14pc and MUVs have seen sales going up by 36pc and overall sales (excluding tractors) were up 30pc. They expect sales to remain up during new year. Maruti also expects … Continue reading

panch-tattva talk…wall st rallies

Friends, The wall st seems to have got in to a different mood. The gains there have been so much in three days that have not been seen since Nov 08. The European markets have kept pace albeit in slightly cooler way. The Asian markets have been reluctant to do the same including ours but … Continue reading