06 March 2012

BSE, Bulk deals, 6/3/2012

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 **
6/3/2012526347ACCLAIM INDVIRENDRA MANILAL SHAHB2500029.56
6/3/2012526347ACCLAIM INDMAJESTIC GARMENTS PRIVATE LIMITEDS4060029.56
6/3/2012531560Aroma EnterprisesURVASHIBEN AJITBHAI PATELB440008.09
6/3/2012531560Aroma EnterprisesSAPAN HARISHBHAI PATELB420008.09
6/3/2012531560Aroma EnterprisesROHAN HARISHBHAI PATELB280008.09
6/3/2012531560Aroma EnterprisesPAURIK AJITBHAI PATELB420008.09
6/3/2012531560Aroma EnterprisesMEETA SNEHAL PATELB400008.09
6/3/2012531560Aroma EnterprisesKANTABEN KESHAVLAL PATELB350008.09
6/3/2012531560Aroma EnterprisesJIGNASHABEN HARISHBHAI PATELB350008.09
6/3/2012531560Aroma EnterprisesHARISHBHAI KESHAVLAL PATELB440008.09
6/3/2012531560Aroma EnterprisesHETAL PAURIKBHAI PATELB440008.09
6/3/2012531560Aroma EnterprisesHARISHBHAI KESHAVLAL PATEL HUFB400008.09
6/3/2012531560Aroma EnterprisesPATEL AJITBHAI KESHAVLAL HUFB430008.09
6/3/2012531560Aroma EnterprisesAJITBHAI KESHAVLAL PATELB420008.09
6/3/2012531560Aroma EnterprisesAARAV FINANCIAL SERVICES PRIVATE LIMITEDS4000008.09
6/3/2012531560Aroma EnterprisesAASHISH DEVELOPERS1000008.09
6/3/2012532435Asia HR TechSABOO PRADEEPB500007.40
6/3/2012532435Asia HR TechMIKUL MAHESH SHAHB500007.50
6/3/2012532435Asia HR TechHEENA TULSHI CHANDANB751257.40
6/3/2012532435Asia HR TechKUNAL ZAVERILAL DEDHIAS1852257.43
6/3/2012530187Atharv EnterVANDANA PRAMOD GADIYAS3255134.19
6/3/2012533267Cantabil RetailJ G SECURITIES PVT LTDB35000020.00
6/3/2012533267Cantabil RetailNAVDEEP PORTFOLIO PVT. LTD.S35000020.00
6/3/2012501827Central ProvKRISHNADEVI DEVISAHAI SONIB700069.30
6/3/2012501827Central ProvKRISHNADEVI DEVISAHAI SONIS500068.52
6/3/2012509011CHISELJAYPRAKASH R SHETH HUFB1250043.74
6/3/2012511672Clarus FinanceMONO HERBICIDES LIMITEDB9182736.40
6/3/2012532363CompulearnSRECKO INDHAN LIMITEDB12606918.32
6/3/2012532363CompulearnSRECKO INDHAN LIMITEDS12020818.13
6/3/2012511710Cubical FinPNR Systems Private LimitedB8850040.07
6/3/2012511710Cubical FinAMIT SAMPATHRAJ SHAHS6999540.00
6/3/2012531270Dazzel ConfBRIJESH ASHOKBHAI HALARIB19716064.78
6/3/2012531270Dazzel ConfVORA FINANCIAL SERVICES PRIVATE LIMITEDB7517024.79
6/3/2012531270Dazzel ConfVORA FINANCIAL SERVICES PRIVATE LIMITEDS9017024.76
6/3/2012531270Dazzel ConfBRIJESH ASHOKBHAI HALARIS21779114.79
6/3/2012512485Dhanlaxmi CotexVINOD SOHANLAL JHAWARB490009.03
6/3/2012512485Dhanlaxmi CotexRAMAUTAR SOHANLAL JHAWARB500009.03
6/3/2012512485Dhanlaxmi CotexMAHESH JHAWARB400009.03
6/3/2012512485Dhanlaxmi CotexKAMLA RAMAUTAR JHAWARB1000009.03
6/3/2012512485Dhanlaxmi CotexINTER GLOBE OVERSEAS LIMITEDS2390009.03
6/3/2012532491ECE Inds-$PAT FINANCIAL CONSULTANTS PVT. LTDB74891134.00
6/3/2012532491ECE Inds-$MINAL BHARAT PATELS74891134.00
6/3/2012531744Gini Silk-$BLUE SQUARE CORPORATE SERVICES PRIVATE LIMITEDB12137442.62
6/3/2012531744Gini Silk-$CHARU SHARAD RATHIS11952342.62
6/3/2012530165Kanchan IntlSLP TRADERS (SATISH VASANT GHONE )B4487988.75
6/3/2012506128Krishna DeepUSHA MEHTAS7200048.24
6/3/2012531515Mahan IndsVORA FINANCIAL SERVICES PRIVATE LIMITEDS18428780.15
6/3/2012533220Midfield IndustriesCHARU SHARAD RATHIB10011842.47
6/3/2012533220Midfield IndustriesBLUE SQUARE CORPORATE SERVICES PRIVATE LIMITEDS9942742.45
6/3/2012531597Midland PolyASHA BARLAB2000044.00
6/3/2012531597Midland PolyMEENU AJMERAS4000042.57
6/3/2012519479Omega AgseedsMUDRIKA SHIVSHANKAR BANGARB3000022.75
6/3/2012505525Parichay InvestBHAVNABEN VIRENDRAKUMAR PATELB2896836.98
6/3/2012505525Parichay InvestJHAVERI SANJEEV BURMANS904636.95
6/3/2012505525Parichay InvestJANAKRAY VITHALDAS SONIS896836.90
6/3/2012511734Pasupati FinUSMANBHAI KADARBHAI NURANIB3801839.17
6/3/2012511734Pasupati FinROHNIL BORADIAB5500038.97
6/3/2012511734Pasupati FinUSMANBHAI KADARBHAI NURANIS3801838.69
6/3/2012532460Ponni Sugar ErodFIDELITY MULTITRADE PVT. LTD.B39094292.00
6/3/2012532460Ponni Sugar ErodPAT FINANCIAL CONSULTANT PVT LTDS39094292.00
6/3/2012590077Ranklin Sol-$NAGAMANI BADIGAB350009.77
6/3/2012504378Ravinay TradGRACEUNITED REAL ESTATE PVT LTDB47000158.55
6/3/2012531207Raymed LabsFASTCON INFRASTRUCTURE PRIVATE LIMITEDB2490031.93
6/3/2012511585Regency TrustALMAS SECURITIES PRIVATE LIMITEDB5210047.95
6/3/2012511585Regency TrustBIMAL PRAVINCHANDRA KAMDARB5180048.25
6/3/2012511585Regency TrustMAHESH HIRJI JOGADIAS5210047.95
6/3/2012531447ROCKON FINPUSHPANJALI COMMOTRADE PRIVATE LIMITEDB16000001.78
6/3/2012531447ROCKON FINKEMFIN SERVICES PVT LTDS30000001.78
6/3/2012526753Roselabs IndsCHIRAG DINESHKUMAR SHAHS12850016.51
6/3/2012512465Santowin CorpANJANI KUMAR HUFS53170243.45
6/3/2012531781Sapan ChemCHIRAG DINESHKUMAR SHAHB500004.74
6/3/2012511754Shalibhadra FinMUKESH K BHANUSHALIB3151169.87
6/3/2012511754Shalibhadra FinPRAVIN PRATAP BHANUSHALIB3451868.66
6/3/2012511754Shalibhadra FinMUKESH K BHANUSHALIS3292769.45
6/3/2012531695SHREYCHEMNARENDRA B PRAJAPATIS4005041.30
6/3/2012531695SHREYCHEMPRAVIN B SINGHS5000041.53
6/3/2012526827Spice Islands-$SURESH SWAROOPCHAND MEHTAS3000011.67
6/3/2012533427VMS IndsG PRASHANTH NARAYANB20000054.91
6/3/2012533427VMS IndsJVS SECURITIES PVT LTDS14092454.85
* B - Buy, S - Sell
** = Weighted Average Trade Price / Trade Price

Many investment opportunities

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


Updating you with variety of investment opportunities available currently.   
 
1.  L&T Long Term Infrastructure Bonds  - Can be held in Demat account
     --------------------------------------    -------------------------------   
  • 8.70% interest + tax saving up to Rs.6180 u/s 80-CCF.
  • "CARE AA+" & "ICRA AA+" rating. 
  • Issue closes on 12/03/2012.
2.  REC Tax Free Bonds - Demat account compulsory
     ---------------------   -----------------------------  
  • 8.32% interest for 15 years & 8.13% for 10 years. 
  • "AAA" rating by CRISIL/CARE/ICRA/FITCH.
  • Issue closes on 12/03/2012. 
  • Allotment on First Come First Serve basis.
3.  Muthoot Finance NCD - Demat account compulsory
     --------------------------    ---------------------------------
  • 13.25% interest for 36/60 Months & 13% for 24 Months. 
  • No TDS irrespective of investment amount.
  • "AA-/Stable" rating by CRISIL/ICRA.
  • Issue closes on 17/03/2012. 
4.  Birla Sun Life Gold Fund/NFO - Can be held in Demat account
     ------------------------------    -------------------------------
  • An Open Ended Fund of Fund which invests in Gold ETF.
  • Best way to invest in Gold in a systematic way (SIP).
  • Issue closes on 15/03/2012.     
5.  Motilal Oswal MOSt Shares Gold ETF/NFO - Demat account compulsory
     -------------------------------------------   ----------------------------
  • An Open Ended Exchange Traded Fund which invests in physical gold.
  • Can redeem as low as 10 grams for physical gold bars with 22 centres across the country.
  • Issue closes on 16/03/2012.  
Every product is special in their own way & suitable for a particular segment of investors.

Union Budget FY13 Expectatio​ns: IDFC Securities

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


 “We didn't actually overspend our budget. The allocation simply fell short of our expenditure.”
Indian government is scheduled to present the Union budget on 16th March 2012. With fiscal slippage expected to be ~1.2% of GDP (Fiscal deficit at 5.8% as against budgeted estimate of 4.6% in FY12) and GDP growth expected to be below 7% in FY12, the finance minister has to do a balancing act between fiscal consolidation and reviving economic growth. Our sense is that the finance minister has very little room for an expansionary budget and focus would be clearly on measures to reduce the non-plan expenditure (read subsidies). Further, with the RBI clearly signaling the need for concrete steps towards fiscal consolidation before embarking on the path of monetary easing, plausible measures from the central government in this regard would be keenly watched out for. While the finance minister has various options in his arsenal to achieve the desired end, measures taken to kick-start private investment growth and moderate non-plan expenditure would be critical in our view.
Given the current state of affairs, we highlight some of the options available to the finance minister to rein in fiscal deficit without any material impact on economic growth.
·         The finance minister could revive tax collections by increasing union excise duties and service tax rates to pre-crisis levels. Further, introduction of a ‘negative list’ of services instead of the currently followed ‘positive list’ would bring more services under the service tax net, thereby boosting service tax collections.
·         Concrete measures to reduce fuel and fertilizer subsidy burden in FY13, we believe, would be the main focus area in this year’s budget. While a full-fledged deregulation of tariffs could be still a while away, the finance minister could hike retail prices of fuel and fertilizers to reduce the under-recovery burden. Also, steps towards focused distribution of subsidies through direct cash transfers using UID would be a positive.
·         Clear thrust on reviving private investment spends with measures towards faster clearance of projects and resolving issues pertaining to fuel availability would be critical. Further, measures could be taken to improve availability of long term financing to infrastructure sector through focus on programs such as Infra Debt Fund, IIFCL’s Credit Enhancement Scheme, Takeout financing.
·         While non-tax revenue was muted in FY12 due to absence of any one-off income, the government could re-auction the spectrum obtained from cancellation of 2G licenses to mop-up ~Rs230bn in FY13.
·         Also, while weak capital markets impacted disinvestment mop-up in FY12 (at ~Rs100bn as against budgeted estimate of Rs400bn!), improving equity market sentiments and utilization of auction route for disinvestment could prop up revenues in FY13.

Liquidity eases surprisingly; Gilts display lack of confidence, give up gains ::Edelweiss

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


Liquidity eases surprisingly; Gilts display lack of confidence, give up gains
Gilts opened up today and should have continued in the same vein as the LAF borrowing
plunged surprisingly. However, the direction was reversed in the second half with yields
giving up initial gains. This guarded sentiment has been carried forward from the past
week, which is also characterized by trading volumes remaining subdued around the INR
80bn mark on an average.
The 8.79% 2021 bond ended at 8.23% vs 8.22%, touching an intra-day high of 8.20%. This
precautious mood is expected to sustain itself until next week where we have multiple
events lined up, which will influence the yields from thereon.
The near end of the OIS curve too failed to cheer the reduced liquidity stress as swap
rates inched higher. The tail end headed lower, in line with global risk aversion trends.
The 1Y OIS traded at 8.13-8.19% vs 8.11-8.18% while the 5-Y swap was at 7.37-7.43% vs
7.39-7.46%.
Non-SLR Market
Corporation Bank placed 3M CD worth INR 3.5bn @ 10.88%. Vijaya Bank placed same tenor
for INR 13bn @ 10.93%. OBC placed 1Y CD worth INR 5bn @ 10.55%.
Money Market
The surprise ease in liquidity had a calming effect on the call market with overnight
borrowing rates and volumes coming off significantly - the WAR for the day retraced well
below the 9% mark to end at 8.89% vs 9.10% seen on Friday. If the LAF borrowing remains
at these levels, call rates can be expected to correct further.

BPCL - Large upsides from E&P investments; company update; Buy (Edelweiss PDF link)

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


BPCL (BPCL IN, INR 666, Buy)
Recent developments in Bharat Petroleum’s (BPCL) upstream venture (Bharat Petroresources, BPRL), especially in Mozambique (10% stake), have catapulted BPCL in the global E&P map. After incorporating increase in reserves and potential upsides, we raise our estimate of BPCL’s E&P business to INR 166/share. We also note that a bull case may lead to further upside by INR 223/share. BPCL remains our favourite among the three OMCs. We retain ‘BUY’ on the stock with TP of INR 843/share.

NMDC : Target Rs 230 :: Anand Rathi

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



NMDC                                                                                           Price    179                                                                                  Target   230


NMDC is India's largest iron-ore producer with ~30mn tonnes of annual extraction capacity and rich iron-ore reserves & resources of ~1.36 bn tonnes. It has 3 fully operating mines located in Chhattisgarh and Karnataka, having a total proved reserve of around 800mn tonnes. Debt free mining company sitting on huge cash Rupees 207.25 Billion will provide leverage to explore and develop new mines both India and globally. 

Investment Arguments

~NMDC - One of the Best Players in Mining
~Quality resources in kitty
~High margin backed by low cost of production
~Diversifying Product Portfolio
~Huge Cash in Balance sheet will help company to grow inorganically
~Valuation
~Concerns