Happy Diwali

Diwali Picks 2013

Angel Broking

 

 

 

Wipro -CMP 492 -TGT 567

ICICI Bank -CMP 1,025-TGT 1,181

Hindustan Zinc-CMP 135-TGT 156

Axis Bank-CMP 1,210-TGT 1,392

Cipla-CMP 423-TGT 504

Tata Steel-CMP 335-TGT 390

Cadilla-CMP 660-TGT 894

United Phosphorus -CMP 154-TGT 225

Aurobindo Pharma-CMP 216 -TGT 271

Crompton Greaves-CMP 98-TGT 115

Diwali Picks 2013

IFCI Financial Services Ltd

LIC housing finance - CMP 226.50 -TGT 295 to 314
Reliance Industries - CMP 908.50 - TGT 1060 to 1120
Bharti Airtel Ltd - CMP 366 - TGT 465 to 484
Escorts Ltd - CMP 103.80 - TGT 136 to 142
Coalgate Palmolive - CMP 1248.85 - TGT 1510 to 1614

IndusInd Bank - CMP 448 - TGT 558
TCS - CMP 2096 - TGT 2490 to 2560
Zee Tele - CMP 270.60 - TGT 345 to 357
JSW Steel - CMP 863 - TGT 1065 to 1089
Biocon Ltd - CMP 351.90 - TGT 428 to 450

Diwali Picks 2013

Diwali Picks 2013
(FNIJ)

Dabur India- CMP 177 - TGT 205
DCB - CMP 51- TGT 65
Granules India - CMP 169 - TGT 200
Polaris -CMP 134 - TGT 168
Thomas Cook- CMP 76- TGT 90
Torrent Power - CMP 80 - TGT 110

Diwali Picks 2013

Diwali Picks 2013
(Emkay)

Hindustan Zinc
Idea

Diwali Picks 2013

Diwali Picks 2013
(Microsec Research)

Axis Bank - TGT 1458 (20%)
Cairn Indi - TGT 415 (30%)
Exide - TGT 153 (22%)
GMDC - TGT 133 (26%)
ICICI - TGT 1204 (6%)
Pidilite - TGT 330 (14%)
Rallies - TGT 185 (17%)
Tata Steel - TGT 410 (21%)

Diwali Picks 2013

Diwali Picks 2013
(Motilal Oswal)

Infosys
ICICI Bank
Bharti Airtel

Diwali Picks 2013

Diwali Picks
(Rajesh Tambe)

Larsen & Toubro
Hindalco
PTC India
Tata Coffee
Tech Mahindra
Emami
Dabur
HUL
Lupin
Aurobindo Pharma
IDFC

Diwali Pics 2013

Diwali Picks 2013
(Rudramurty)

Tech Mahindra 
Aptech
Shilpa Medicare
SAIL
Tata Steel

NHPC BuyBack Offer

As per the resolution passed by the Board of Directores of NHPC Limited held on 24th October 2013 the company has announced buyback offer of not exceeding 123,00,74,277 fully paid equity shares of face value Rs.10 each from the existing shareholders through the Tender Offer process.. The price of buy back is Rs.19.25 per share.  The total buyback amount stands at Rs.26,62,416 lakh representing 8.89% of company's paid up equity share capital and free reserves. The maximum number of equiaty shares proposed to be bought back represents 10% of the total number of shares in the paid up equity capital of the company.

The major shareholder, the Government of India which holds 86.36 percent of the equity shares has already expressed its intention to tender 123,00,74.277 shares in the buy back process.

The company has 12,30,074 lakh as paid up capital and 14,32,342 lakh as free reserves. The company cannot exceed 10% of paid up capital and free reserve for buy back.

The company has fixed 8th November 2013 as the record date for the purpose of determining the shareholders eligible to participate in the buyback offer.

Further details can be got from Compliance officer for the offer Mr. Vijay Gupta at companysecretary@nhpc.nic.in    or

Investor service centre of Karvy at murali@karvy.com

Muhurat Trading 2013

Muhurat Trading on occassion of Diwali will be conducted by BSE and NSE on 3rd November 2013 at 6.15 pm to 7.30 pm.

Denso India Delisting

Denso India which manufactures automobile components and spares for both two and four wheelers is getting delisted from the bourses on successful delisting offer. The company had tendered for 73,98,019 equity shares representing 26.54% of paid-up equity capital. The tender was made through Reverse Book building process from Sep17, 2013 to Sep 23, 2013.

In response the company was offered 54,51,604 shares at Discovered price of Rs.136. The company must had received offers for minimum of 46,10,055 shares to make the delisting process successful as per Regulation 17 of Delisting Regulation. As company received more offers the Delisting was successful. The company has fixed Exit price at Rs.145 per share to buy all the shares tendered. The company will be acquiring 19.55% of the paid-up capital through this offer and getting Delisted from the bourses.

The unsuccessful bidders and those who have not tendered the shares will be able to offer their equity shares to the company at the Exit price during a period of 12 months from the date of delisting of the shares on the bourses.

Asian Paints - Dividend

The record date for Interim Dividend payment of Asian Paints is 26 October 2013