20 April 2011

Subscribe to MUTHOOT FINANCE IPO- QIB - 25x subscription; GMP Rs 20+

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

Subscribe to MUTHOOT FINANCE IPO- QIB - 25x subscription; GMP Rs 20+

MUTHOOT FINANCE LIMITED
Subscription details Updated as on 20 April 2011 at 1700 hrs



Total Issue Size43775000
Total Bids Received482433480
Total Bids Received at Cut-off Price18396320
No. of times issue is subscribed11.02



Sr.No.CategoryNo.of shares offered/reservedNo. of shares bid forNo. of times of total meant for the category
1Qualified Institutional Buyers (QIBs)1802500045074656025.01
1(a)Foreign Institutional Investors (FIIs)292012760
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)100661120
1(c)Mutual Funds56870920
1(d)Others1201760
2Non Institutional Investors772500075743200.98
2(a)Corporates6225440
2(b)Individuals (Other than RIIs)945480
2(c)Others403400
3Retail Individual Investors (RIIs)18025000241126001.34
3(a)Cut Off18396280
3(b)Price Bids5716320


HCL Tech Results Analysis:: Nitin Prakash Daga, Microsec

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


HCL Tech posted its results for Q3 FY2011 on 20 April 2011. The company’s results came above the consensus estimates and beat its larger peer Infosys on key growth parameters. HCL registered a healthy 5.8% QoQ increase in top line, in US$ terms, while its bottom line, denominated in US$, grew even faster at 17.6% sequentially. A glimpse of the company’s Q3 and 9M FY2011 results in US$ terms is as follows:

  
In ` terms as well the company’s top line grew healthy 5.6% QoQ (32.6% YoY) to `4,077.9 Crores while its bottom line sequentially increased robust 16.2% (34.1% YoY) to `461.3 Crores in Q3 FY2011. Although a pressure on EBIDTA Margins is directly visible to support its robust growth, HCL was able to report an improvement in PAT margins. In absolute terms as well, the company was able to compensate the dip in margins with high growth in top line, which eventually trickled down in profits.

Our View: HOLD
HCL’s performance, in recent quarters, has remained better than its larger peers in the IT space. We believe that the company’s ability to pacify growth in the Non-US geographies may help it maintain these growth levels in the upcoming quarters as well. At CMP of `509.35 the company currently trades at a TTM PE of ~22.3x, compared with PE’s of ~24.4x and ~27.8x for Infosys and TCS, respectively (Time:11.30 AM). Considering the company’s lower margins profile, we believe that the current PE discount is justified. However, maintenance of high growth levels in the upcoming quarters may produce some more room for narrowing this gap. As a result, we suggest a HOLD on the stock at current levels.
(Source – PE Data: Bloomberg)

FII & DII trading activity on NSE and BSE as on 20-Apr-2011

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


FII trading activity on NSE and BSE on Capital Market Segment
The following is combined FII trading data across NSE and BSE collated on the basis of trades executed by FIIs on 20-Apr-2011.
FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII20-Apr-20112473.172280.17193

 
Domestic Institutional Investors trading activity on NSE and BSE on Capital Market Segment
The following is combined Domestic Institutional Investors trading data across NSE and BSE collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System on 20-Apr-2011.
DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII20-Apr-2011993.171016.45-23.27
 

--

FII DERIVATIVES STATISTICS FOR 20-Apr-2011

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


FII DERIVATIVES STATISTICS FOR 20-Apr-2011 
 BUYSELLOPEN INTEREST AT THE END OF THE DAY 
 No. of contractsAmt in CroresNo. of contractsAmt in CroresNo. of contractsAmt in Crores 
INDEX FUTURES1004602924.23708812065.8556759516666.12858.38
INDEX OPTIONS2764278018.472479427165.17173997750706.83853.31
STOCK FUTURES1201413159.191234703280.65127335933657.70-121.46
STOCK OPTIONS13064360.7112865351.6123967667.609.10
      Total1599.32
 
 

-- 

20-Apr-2011; NSE, Bulk deals,

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


Symbol
Security Name
Client Name
Buy / Sell
Quantity Traded
Trade Price /
Wght. Avg.
 
Price
ASIANELEC
Asian Electronics Ltd
HARESH GUNVANTRAI DESAI
SELL
1,88,000
12.67
BEDMUTHA
Bedmutha Indust Ltd
JAYNEEL SECURITIES PRIVATE LIMITED
BUY
1,60,724
115.61
BEDMUTHA
Bedmutha Indust Ltd
JAYNEEL SECURITIES PRIVATE LIMITED
SELL
1,60,724
114.71
BFUTILITIE
BF Utilities Limited
CROSSEAS CAPITAL SERVICES PVT. LTD.
BUY
2,34,026
872.28
BFUTILITIE
BF Utilities Limited
CROSSEAS CAPITAL SERVICES PVT. LTD.
SELL
2,34,026
871.45
BHARATGEAR
Bharat Gears Ltd
CROSSEAS CAPITAL SERVICES PVT. LTD.
BUY
56,446
79.04

20/4/2011; BSE, Bulk deals,

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


Scrip Code
Company
Client Name
Deal Type *
Quantity
Price **
530027
Aadi Inds
SACHIN GIRISH SHAH
S
51000
21.24
531678
Anand Credit
BRIJESH ASHOKBHAI HALARI
B
43413
6.00
531678
Anand Credit
BRIJESH ASHOKBHAI HALARI
S
34683
5.94
512535
Asahi Infra
INDRAVARUN TRADE IMPEX PVT LTD
B
602102
11.90
512535
Asahi Infra
INDRAVARUN TRADE IMPEX PVT LTD
S
1166736
11.54
512535
Asahi Infra
BASMATI SECURITIES PRIVATE LIMITED
S
243425
11.02
514286
Ashima
GEEK TECHNOLOGIES PRIVATE LIMITED
B
2189000
6.60