21 June 2012

Reliance Industries - Niko clarifies on its 5.3 tcf cut in reserves; company update; Buy ::Edelweiss, PDF link



Reliance Industries (RIL IN, INR 719, Buy)
Niko Resources announced a 5.3 tcf cut in reserves primarily attributed to KG-D6. Niko includes only fields with FDP approval in reserves. Thus, it includes only D1/D3 main channel and MA field of KG-D6 as part of 2P reserves. Other discoveries in KG-D6 (R-Series and 7 satellites), are in 2C resources. We now estimate KG-D6 to have 2P reserves of 3.0 tcf and 2C resources of 2.4 tcf. Niko anticipates no further drilling in D1/D3. The plan is to submit Integrated Plan for R-Series and 7 satellites, and production from this is likely from FY15. The cut in reserves has surprised us negatively. We estimate most of the cut to be in laminated portion of D1/D3, and will have an impact on NPV of INR17/share. Maintain BUY’.


FII & DII trading activity across NSE and BSE 21-06-2012



CategoryBuySellNet
ValueValueValue
FII1506.341763.63
-257.29
DII1177.311108.64
68.67

 
 


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Derivatives Info Kit [For June 21, 2012] Sharekhan PDF link


Derivatives Info Kit
[For June 21, 2012]
 Summary of Contents
 
 
DERIVATIVES INFO KIT

Click here to read report: 
Derivatives Info Kit



Market Summary- 21.06.2012 - Angel Broking - PDF link

Eagle Eye (equities) [For June 21, 2012] Sharekhan PDF link



Eagle Eye (equities)
[For June 21, 2012]
 Summary of Contents
 
PUNTER'S CALL
Crawling upThe Nifty has closed in the positive today and is now expected to head higher till 5180 with support around 5094 in the short term...

SMART CHART CALLS
 


MOMENTUM CALLS
 

Click here to read report: EagleEye


Derivatives Report - 21.06.2012 - Angel Broking - PDF link

Technical Report- 21.06.2012 - Angel Broking - PDF link

Market Outlook- 21.06.2012 - Angel Broking - PDF link




Market Outlook


FII DERIVATIVES STATISTICS FOR 21-Jun-2012



FII DERIVATIVES STATISTICS FOR 21-Jun-2012 
 BUYSELLOPEN INTEREST AT THE END OF THE DAY 
 No. of contractsAmt in CroresNo. of contractsAmt in CroresNo. of contractsAmt in Crores 
INDEX FUTURES855772115.23783011993.1251399812886.66122.11
INDEX OPTIONS59667615142.7960527715351.63188533048666.51-208.84
STOCK FUTURES1018842505.511037682601.8398267424261.22-96.32
STOCK OPTIONS550251413.49585231495.16542201423.91-81.67
      Total-264.72

 

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BSE, Bulk deals, 21/6/2012



Deal DateScrip CodeCompanyClient NameDeal Type *QuantityPrice **
21/6/2012530901ACILPRAFULCHANDRA GORDHANDAS ZAVERIS27141640.19
21/6/2012533163Arss Infra ProjIFCI LTD.S12074739.32
21/6/2012508136B&APRAKASH JAINB16670120.05
21/6/2012508136B&AKALYANI P. JAINS16000120.06
21/6/2012506027Bhoruka AlumMANAV NARESHBHAI PATELB12318011.45
21/6/2012506027Bhoruka AlumMANAV NARESHBHAI PATELS12318011.57
21/6/2012506027Bhoruka AlumKBC ALDINI CAPITAL MAURITIUS LTD (DR)S13888001.41
21/6/2012511672Clarus FinanceUNISYS SOFTWARES AND HOLDING INDUSTRIES LTDB10000022.75
21/6/2012511672Clarus FinancePRIME CAPITAL MARKET LIMITEDB11500022.75
21/6/2012511672Clarus FinanceREGAL DEALMARK PRIVATE LIMITEDS17000022.75
21/6/2012532363CompulearnSANJEEV MOHAN GUPTAS11505212.85
21/6/2012531648Croitre IndsGANESH ANANT GHADGEB9030073.20
21/6/2012531648Croitre IndsKETAN BHUPENDRAKUMAR SHAHS10000073.20
21/6/2012511710Cubical FinASHWANI KHURANAB20000024.63
21/6/2012511710Cubical FinARVINDER SINGH PASRICHAS10000024.50
21/6/2012511710Cubical FinPAWAN FINVEST PRIVATE LIMITEDS9650024.81
21/6/2012531820Finalysis CredPANKAJ JAYANTILAL DAVEB2950063.95
21/6/2012530497Marvel CapitalSLP TRADERS (SATISH VASANT GHONE )B4690016.35
21/6/2012530497Marvel CapitalSANKOOL ANIL SHAHS4690016.35
21/6/2012531467Polypro FibrilsURVI PRAKASH SHAHB5000012.40
21/6/2012531467Polypro FibrilsAJAY RAVINDRA SHAHB7500012.40
21/6/2012531467Polypro FibrilsSUR-MANGAL HOLDING PVT. LTDB5000012.40
21/6/2012531467Polypro FibrilsSTATUS EQUITY AND FINANCE PVT LTDS11945012.40
21/6/2012531467Polypro FibrilsDAUJI LADDOO CHATURVEDIS6850012.40
21/6/2012500357Rama PaperLATA SHYAM PARWANEYB650009.90
21/6/2012500357Rama PaperSHYAM HUNDRAJ PARWANEYS650009.90
21/6/2012533285RDB Realty & InfraLOTUS TRADE AND VYAPAAR PVT LTDB7000038.32
21/6/2012533285RDB Realty & InfraMANISHA PINCHAS7068838.25
21/6/2012513558Real Strips-$SHAH MAYURKUMAR DHIRAJLALS39957140.69
21/6/2012511754Shalibhadra FinJIGNESHKUMAR HARSHVADAN GANDHIS2905060.23
21/6/2012511754Shalibhadra FinSANJAY BABULAL PANDYAS3105060.26
21/6/2012526951STYLAMINDDILBAGH DAHIYAB6500026.85
21/6/2012526951STYLAMINDNARENDER MOHAN GUPTAS4060026.85
21/6/2012590111VAISHNAVISAI NITHISHA PARVATHANENIS1263615.08
21/6/2012523660WaterbaseMADHAVI CHITTOORYB14000111.71
21/6/2012523660WaterbaseVISIONSTARS14631911.71
* B - Buy, S - Sell
** = Weighted Average Trade Price / Trade Price


NSE, Bulk deals, 21-Jun-2012



DateSymbolSecurity NameClient NameBuy / SellQuantity TradedTrade Price /
Wght. Avg.
Price
Remarks
21-Jun-2012ARSSINFRAARSS Infra Proj. LtdIFCI LTD.SELL2,10,95339.41-
21-Jun-2012GLORYGlory Polyfilms LimitedDINESH KUMAR RSELL5,00,0113.20-
21-Jun-2012GLORYGlory Polyfilms LimitedVENUS INTERNATIONALBUY5,65,0003.18-
21-Jun-2012HDILHousing Development and IGENUINE STOCK BROKERS PVT LTDBUY28,28,16076.56-
21-Jun-2012HDILHousing Development and IGENUINE STOCK BROKERS PVT LTDSELL28,28,16076.59-
21-Jun-2012KOTHARIPROKothari Products Ltd.MAGNUS PROPERTIES PRIVATE LIMITEDBUY3,75,581426.00-
21-Jun-2012KOTHARIPROKothari Products Ltd.NM SHAH & BROTHERSSELL3,75,581426.00-
21-Jun-2012M&MFINMahindra & Mahindra FinanJ P MORGAN SECURITIES LTD AC COPTHALL MAURITIUS INVESTMENTSELL12,79,791630.01-
21-Jun-2012VALECHAENGValecha Engineering LimitYAMINI SUPPLIERS PRIVATE LIMITEDSELL98,00055.00-


Tax Talk-reader's query ::Business Line


My annual income is Rs 5 lakh. My question is about the income tax relief available on purchasing a new house.
I sold my house in September 2011 and purchased a new house in December 2011 spending the selling price of old house and balance Rs 12 lakh availing a loan from Bank of Baroda.
I have spent Rs 1.5 lakh towards stamp duty and around Rs 30, 000 towards registration fee.
Can I get any income tax relief for these two amounts during FY 2011-12 and if so, under which sections.
— Santhosh G



Transfer EPF, don't withdraw it ::Business Line



The money you initially put into EPF, the interest you earn and, finally the money you withdraw after a specified period, is all exempt from income tax.
When you change jobs, don't withdraw the money from your Employees' Provident Fund (EPF).
Instead, transfer it to the account with your new employer. Here are five reasons why you should do so.

LEGAL BLOCK

You can apply for withdrawing EPF only if you are not employed for two months after leaving the previous job.
So, if you take up a new job in this period, the law requires you to transfer the EPF balance. This is because the EPF is meant to contribute to your retirement corpus.


Cadila Healthcare - Positives on Horizon; visit note; upgrade to Buy :Edelweiss PDF link



Cadila Healthcare (CDH IN, INR 721, upgrade to Buy)
Post our interaction with Mr. Pankaj Patel, CMD, Cadila Healthcare, we highlight our takeaways on business. We upgrade our earnings by 6-7% in FY13-14E led by upside from domestic business, lower-than-expected drop in profit in Hospira JV and margin expansion through cost optimization. Upgrade to ‘BUY’. FDA resolution in the near term will be a key positive, while drug policy implementation could be a negative.