26 December 2011

Tata Motors; TP: INR235 Buy ::Motilal Oswal

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


On the right track
Niche presence, new launches, wider market reach to be key drivers
Under Tata Motors parentage, JLR is all set to emerge as a bigger, better and
stronger global luxury vehicle player. It is taking several initiatives to fortify its
strength in luxury SUVs and improve its weak positioning in luxury car market.
 Outlook for luxury vehicles remains positive, JLR can drive secular growth.
 Land Rover commands strength; Evoque to drive growth, market share
gains.
 Jaguar's niche presence offers significant headroom to grow.
 China a big opportunity; JLR's local presence will boost competitiveness.
 Improved volumes, market mix, cost efficiencies to offset cost push.
 TTMT's domestic CV business has seen reduced volatility driven by higher
LCV contribution.
Outlook for luxury vehicles positive, JLR can drive secular growth
The luxury vehicle market will post CAGR of 8.9% to 9m units over 2011-15. We
expect China and BRIKT (Brazil, Russia, India, Korea and Turkey) to be key growth
drivers with CAGR of 11.4% and 8.6% respectively. Jaguar Land Rover's (JLR) luxury
vehicle market share (~4% or 0.23m units), comprising 1.3% in luxury cars and 9.9%
in luxury SUVs, is small compared with the top three players. JLR's weakness in cars
offers headroom for growth, driven by planned launches over 2-3 years. JLR's entry in
the lower luxury segment will give it access to higher volume segments, where it has
no presence.
Land Rover commands strength; Evoque to drive growth, market share
In the global premium SUV segment, Land Rover's volumes are comparable with those
of BMW (excluding X1), Mercedes Benz and Audi. Within Land Rover brand, Range
Rover portfolio enjoys a relatively more premium image. The luxury SUV segment
registered 11.6% CAGR over CY00-10 and we expect it to post 9.7% CAGR over
CY10-15. JLR's launch of Evoque in the high volume potential compact luxury SUV
segment will be a key growth driver over 2-3 years.
Jaguar's niche offers significant headroom for growth
Land Rover competes well with the top three luxury SUV makers, but Jaguar's volumes
lag its peers. It has just three models and seems to be weak, with volumes of only
~54,000 units (1.3% market share). Jaguar's small product range and absence in the
high volume, entry-level luxury segment are major reasons for its comparatively smaller
size. We foresee strong potential for Jaguar in the entry-level luxury segment (D2), a
market of over 1.1m units a year. Jaguar can leverage its brand heritage to gain market
share in the luxury car segment. JLR's European peers sell ~1m cars in the segment
in which Jaguar is present and ~1.2m units in the compact luxury car segment, which
Jaguar plans to enter by CY14.

Buy Hawkins Cookers; target Rs 1681: Firstcall Research

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


Hawkins Cookers Limited is a
company in India which manufactures
domestic pressure cookers and
cookware.
The company has three
manufacturing plants at Wagle estate
Thane, Hoshiarpur and Jaunpur. It
manufactures under different brand
names of Hawkins, Futura, Contura
and Ventura.
The company is the largest cookware
manufacturer in India and exports its
products to more than 60 countries.
The company continued its efforts on
product development with more
emphasis on research and
development activity.
The Top line of the company is
expected to grow at a CAGR of 14%
over 2010 to 2013E respectively.
During the quarter, the company has
reported Net Profit increased to
Rs.93.27million from Rs.80.39 million
in previous year same quarter.


Education Sector Day - Post-Conference Note - Opportunity continues …Centrum

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


Post-Conference Note
Education Sector Day
Opportunity continues …

Our one-day ‘Education Sector Day’ (19 December 2011) brought together 7 companies and over 40 investors, facilitating over 160 meetings – an average of about 25 meetings per company. Strong participation indicated that fund managers were interested in understanding prospects of the sector. The companies that participated had diverse business models covering all segments of the education sector.

m  Demand robust: All companies were unanimous over opportunities in the Education space. Key insights from various companies indicated enough scope for growth in the existing education landscape as the quality of education was substandard. There was greater acceptance of services offered by corporates which are introducing technology to enhance quality of education by means of multimedia to schools and virtual classrooms, among others.
m  Companies’ interest shifts to skill development:  Companies were cautious on bidding for ICT related projects as the business model was felt to be weak with high collection periods. Among government initiatives, Public Private Partnership for skill development has become the area of interest of companies. Of the listed companies, Everonn Education (15mn youth) and NIIT (7mn youth) have entered into partnership with National Skill Development Corporation (NSDC) to train youth for various skills by 2022.

BSE, Bulk deals, 26/12/2011

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


Deal DateScrip CodeCompanyClient NameDeal Type *QuantityPrice **
26/12/2011521131Anjani Dham IndsHARMINDERSINGH GURUMUKHSINGH ARORAB8000616.12
26/12/2011521131Anjani Dham IndsPRATAP KESHARSINGH RAJPUTS7365116.13
26/12/2011531568Ashutosh PaperRAMRAJYA PROJECTSB40000172.00
26/12/2011531568Ashutosh PaperSHIVI AGGARWALS40000172.00
26/12/2011502219Borosil GlassBOROSIL GLASS WORKS LIMITED BUY BACKB25828850.00
26/12/2011511720Capman FinGOODWEALTH FINANCE CO.PVT.LTDB488009.20
26/12/2011511672Clarus FinanceP.R.B.SECURITIES PVT LTDB10400064.05
26/12/2011511672Clarus FinanceRUPAK TRADING PRIVATE LIMITEDS10738764.05
26/12/2011511710Cubical FinPAWAN FINVEST PRIVATE LIMITEDS11350035.05
26/12/2011533218Emami InfrastructureJAIBAJRANGBALI CONSULTANTS LLPS15000018.17
26/12/2011530701Gomti FinleasePAWAN KUMAR GUPTA HUFB2300034.20
26/12/2011530701Gomti FinleaseTRADING LLP CHIRANIAS2300034.20
26/12/2011524400Ishita DrugsSANJAY OMPAL SIDHUB1600025.06
26/12/2011524400Ishita DrugsAJAY RAVINDRA SHAHS1500025.00
26/12/2011530165Kanchan IntlGANESH ANANT GHADGEB2300068.49
26/12/2011530165Kanchan IntlKALPANABEN BHARATBHAI LOHARS1700068.45
26/12/2011512585Karma IndMULTIPLAST TRADING COMPANY PRIVATE LIMITEDB17866744.87
26/12/2011531401Khodiyar IndsKHUSHAL DAS CHANDNANIS500005.25
26/12/2011533297Kirloskar Bros InvKIRLOSKAR BROTHERS LTD EMPLOYEES WELFARE TRUST SCHEMES48000690.00
26/12/2011531515Mahan IndsB M TRADERSB43450000.20
26/12/2011531515Mahan IndsB M TRADERSS40000000.20
26/12/2011530971Nimbus IndsJIGAR VELJIBHAI SHETAS2000091.98
26/12/2011531255Paragon FinMAHANT VANIJYA PVT LTDB5000014.25
26/12/2011531255Paragon FinCONSISTENT VYAPAAR PRIVATE LIMITEDS5100014.25
26/12/2011512481Polytex IndiaJIGAR PRAFUL GHOGHARIB121650128.10
26/12/2011532675Prithvi InfoACACIA PARTNERS L.PS16500011.24
26/12/2011590120Provestment ServRAJESH BIPINCHAMDRA BHUTWALAB7100046.85
26/12/2011590120Provestment ServPAYAL MURLIDHAR BHOOTRAB7100046.85
26/12/2011590120Provestment ServMAHESHBHAI SUKHABHAI PATELB7100246.85
26/12/2011590120Provestment ServKAMAKHYA BUILDCON PRIVATE LIMITEDS6500046.85
26/12/2011590120Provestment ServCALLOW ESTATE PRIVATE LIMITEDS4200046.85
26/12/2011590120Provestment ServACHATES DEVELOPERS PRIVATE LIMITEDS8569546.85
26/12/2011530291Raj AgroSUBRAMANIAN SANGEETHAB270004.07
26/12/2011530291Raj AgroMAHALINGAM SATHYAS268904.07
26/12/2011531901SAARC NetPUMARTH INFRASTRUCTURE PRIVATE LIMITEDB3250000.59
26/12/2011512413SPECTACLEJIGAR PRAFUL GHOGHARIB3230285.35
26/12/2011531982Spectrum FoodsDESAI ARUNKUMAR PARAGJIB1300076.80
26/12/2011531982Spectrum FoodsDESAI JYOTSNA ARUNKUMARS1300076.80
26/12/2011522296SS ForgingsPARSHOTAM LAL SHARMAB400001.68
26/12/2011522296SS ForgingsPUNEET VATSS400001.68
26/12/2011526582TPL PlastechAKN SECURITIES SERVICES PRIVATE LIMITEDB4777872.44
26/12/2011526582TPL PlastechVIBHA VIJAY SHAHB4695872.28
26/12/2011590111VAISHNAVID V DURGAMB884048.47
26/12/2011532917Varun IndsSAMIKSHA SANTOSH JAUALB148139231.98
26/12/2011532917Varun IndsSAMIKSHA SANTOSH JAUALS148144232.30
* B - Buy, S - Sell
** = Weighted Average Trade Price / Trade Price

FII DERIVATIVES STATISTICS FOR 26-Dec-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 26-Dec-2011 
 BUYSELLOPEN INTEREST AT THE END OF THE DAY 
 No. of contractsAmt in CroresNo. of contractsAmt in CroresNo. of contractsAmt in Crores 
INDEX FUTURES712291645.48588251373.4550894312005.07272.03
INDEX OPTIONS70764816751.8571132516781.50200050447755.24-29.64
STOCK FUTURES1810183980.021710143858.67122505527538.96121.35
STOCK OPTIONS11512254.999995223.01489221073.8331.98
      Total395.71


 
 
 

-- 

26/12/11: FII & DII Turnover (BSE + NSE) (Rs. crore)

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


FII & DII Turnover (BSE + NSE)
(Rs. crore)
FIIDII
Trade DateBuySalesNetBuySalesNet
26/12/11547.02433.59113.43435.94554.92-118.98
23/12/111,281.101,196.8384.27651.02729.57-78.55
22/12/111,852.182,088.57-236.391,045.80816.06229.74
Dec , 1133,961.2535,450.16-1,488.9116,020.6015,490.48530.12
Since 1/1/11   *596,454.23622,429.08-25,974.85282,403.64254,986.6527,416.99

26/12/11:: Categories Turnover (Rs. crore) Clients NRI Proprietary Trade Data

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



 Categories Turnover
(Rs. crore)
ClientsNRIProprietary
Trade DateBuySalesNetBuySalesNetBuySalesNet
26/12/11888.50873.8914.610.290.33-0.04290.69275.9614.72
23/12/111,228.651,193.2235.430.480.220.27424.94441.94-17.00
22/12/111,275.231,291.32-16.090.490.380.11484.80471.4913.30
Dec , 1121,966.1321,807.86158.278.588.77-0.197,597.657,548.5949.06
Since 1/1/11464,701.07469,000.32-4,299.25320.15225.0195.14136,820.51136,071.47749.04