Archive for date: March 21st, 2010
21 March, 2010 (18:40) | Songs and Music, Stocks & Mutual Funds | By: Quality
Andrew Yule & Company (FV Rs.2) Buy above 47.05 Target 59.00 / BSE Code 526173 .
Kopran Ltd. Buy above 27.95 Target 35.00 / BSE Code 524280 .
KEI Industries Ltd. (FV Rs.2) Buy above 32.25 Target 41.00 / BSE Code 517569 .
Manugraph India Ltd. (FV Rs.2) Buy above 46.80 Target 59.00 / BSE Code 505324 .
Finolex Cables Ltd. (FV Rs.2) Buy above 49.80 Target 63.00 / BSE Code 500144 .
Tags: Amp Company, Andrew Yule, Bse, Finolex Cables, India Ltd, Industries Ltd, Kei, Kopran Ltd, Manugraph, Rs 2, Target, Yule | No comments
21 March, 2010 (18:40) | Songs and Music, Stocks & Mutual Funds | By: Quality
Raymond Ltd. Buy above 237.80 Target 360.00 (One Year) Stop Loss 203.00 Bse Code 500330
Tags: Stop Loss, Target | No comments
21 March, 2010 (18:39) | Songs and Music, Stocks & Mutual Funds | By: Quality
Scrips Offer Price Opening Date Closing Date
Shree Ganesh Jewellery House Ltd. 260-270 19-Mar-2010 23-Mar-2010
Goenka Diamond & Jewels Ltd. 135-145 23-Mar-2010 26-Mar-2010
Intrasoft Technologies Ltd. 137-145 23-Mar-2010 26-Mar-2010
Read more
Tags: Amp, Closing Date, Diamond, Forthcoming Ipo, Ganesh, Goenka, Intrasoft Technologies, Jewellery, Jewels, Technologies Ltd | No comments
21 March, 2010 (18:34) | Songs and Music, Stocks & Mutual Funds | By: Quality
Andhra Bank (ANDBAN) CMP Rs.100.35 Buy Above 100.50 Target Rs.110 Potential upside 10%. 3 months.
Quality business at reasonable valuations…
Andhra Bank is a mid size PSU bank, having major presence in the southern part of India . The bank as of Q3FY10 has a total branch network of 1540 branches across the country. The bank has been a consistent performer as it has grown its core business at a CAGR of 22% over FY07-FY09. Even in FY10 the bank has performed better than banking industry, as the core business of bank grew by 24% in Q3FY10. The bank also commands superior asset quality as GNPA as of Q3FY10 stood at 0.87%. The provision coverage also stood at 95% in the quarter. We believe the bank will be able to grow ahead of the industry going ahead and deliver higher return ratios.
* Core business growth above industry average
Andhra bank has grown above industry average rate as the total business of the bank has grown by 24% YoY as of Q3FY10. The advances and deposits grew by 23% YoY and 24% YoY respectively. The increasing exposure of the bank on MSME and retail lending has helped the bank to sustain its NIM’s at 3.35% (Q3FY10), this was partly due to repricing of high cost liabilities. Going ahead we expect the bank to grow at a CAGR of 22% over FY10- FY12E and maintain its margins at 3% levels. The bank has also opened 112 branches in 9MFY10 in north and west India , which will also help the bank to build a better low cost liability base.
* Interest rate risks to the investment book relatively less.
As of Q3FY10 only 14% of the investment book of the bank lies in the AFS segment (Duration: 2.7 years). Low exposure to AFS segment will lead to low MTM losses for the bank in an environment where bond yields are under pressure owing to inflation and high government borrowing programme.
* Superior asset quality
The bank commands one of the best asset quality profile in the mid size PSB space. The GNPA and NNPA for Q3FY10 stood at 0.87% and 0.17% respectively. The provision coverage of the bank stands at 95% (including technical write offs).
Financials:
Valuation
At the CMP of Rs 100, the stock is trading at 1.1x and 1x its FY10E and FY11E ABV, respectively. We believe the bank will be able to grow its core business at 22% CAGR over FY10-FY12E with NIM’s at 3% levels without hurting its asset quality. We expect the bank to trade higher in terms of P/ABV multiple as it has been consistently generating ROE’s in the range of 18%-19%. We expect the bank to deliver atleast 10% returns over a period of 3 months.
technical analysis ____________________________________________________
Technical outlook Andhra Bank continues to be in an up trend since its March 2009 lows around Rs 38 levels. Recently stock has corrected from Rs 125 odd levels and found support near Rs 95 levels thereby retracing July-Oct’09 rally by 61.8% (Fibonacci ratio). It is also near value area of Rs 97 marked by 200 day EMA (exponential moving average) 14 period RSI has given a positive cross over on daily charts indicating positive momentum building in the stock
Tags: Andhra Bank, Asset Quality, Banking Industry, Bond Yields, Business Growth, Cagr, Consistent Performer, Core Business, Investment Book, Mid Size, Msme, Mtm, Nnpa, Quality Business, Quality Profile, Retail Lending, Target, Valuations, West India, Yoy | No comments
21 March, 2010 (18:32) | Songs and Music, Stocks & Mutual Funds | By: Quality
Buy TELCO (TATA MOTORS) CMP 784.65 Target 791 StopLoss 780 .
Tags: Cmp, Target, Tata Motors | No comments
21 March, 2010 (18:11) | Softwares & Tools, Songs and Music | By: Toernip
If you are looking for effective spyware and adware protection, you can always look online to check out some of the most effective anti-spyware and adware tools available for you. There are a number of software companies who have dedicated their resources to develop more effective and more sophisticated programs to provide you with the best
anti-spyware and adware protection for your PC. Here are some of them:
Spyware Doctor
Spyware Doctor is a multi-award winning spyware removal utility that is available for you both in free trail software as well as an on sale software product version able to provide you with extensive spyware and adware protection. It effectively detects, removes and protects your PC from thousands of potential spyware and adware programs proliferating the online world today.
A wide range of malicious trojans, keyloggers, spybots and tracking threats are put at bay with the Spyware Doctor. This is an adware and spyware removal utility that detects and cleans thousands of potential adware, trojans, keyloggers, spyware and other malware that may be infecting and wrecking havoc on your PC. Its remover tool allows you to remove, ignore or either quarantine identified spyware. This tool is made available for free in the trial version.
Spyware Doctor also has an OnGuard system that effectively immunizes and protects your system against hundreds of online privacy threats even while you work. The Spyware Doctor allows you to perform fast scanning and detection at Windows start-up so that you will be alerted with a list of the potential threats identified and provides spyware blocking features to give you continuous protection.
McAfee AntiSpyware
Get rid of malicious programs before they can steal your identity from your PC. Someone may be tracking you online and may be monitoring your every move. The McAfee AntiSpyware may just be the essential protection much needed by today’s security-conscious Internet user like you.
McAfee AntiSpyware can quickly detect and then safely eliminate malicious applications such as key loggers, remote-control programs, spybots and browser hijackers that may be hiding on your system before they can rob you of your precious personal information, snatch passwords or monitor browsing activity when you go online. By eliminating online roadblocks, McAfee AntiSpyware also prevents adware programs to trigger annoying advertisements and sap precious system performance on your PC.
X-Cleaner
X-Cleaner is a premier privacy software solution that is made by one of the most trusted names in anti-spyware technology. X-Cleaner effectively deletes browser and system usage tracks, shreds pictures and generates secure passwords in your PC. It also features a unique anti-spy and adware technology that will remove them fully from your PC. The X-Cleaner also has effective inoculation features that will help prevent future infections and keep your PC safe for use.
Key features of this software include the ability to remove traces of movie files, pictures that you have viewed. It can also detect and remove spy software that logs your private activity online and may undermine personal online security. The X-Cleaner can also find and remove pornographic content that may contain malicious codes on your computer.
To provide the utmost privacy, the X-Cleaner can also permanently erase files on your PC with a military style file shredder. Stop password theft and know if some users are snooping and recording your keystrokes with the use of the X-Cleaner!
Tags: Adware And Spyware Removal, Adware Removal, Anti Spyware, Conscious Internet, Continuous Protection, Internet User, Malicious Programs, Malware, Mcafee Antispyware, Onguard System, Privacy Threats, Software Companies, Software Product, Sophisticated Programs, Spybots, Spyware And Adware, Spyware Doctor, Trial Version, World Today, Wrecking Havoc | No comments
21 March, 2010 (10:21) | Bollywood Gossips, Songs and Music | By: TURAB AWAN
Harbhajan Singh and Geeta Basra’s relationship is finally turning towards marriage. The couples have got green signal and soon they might enter the wedlock.
Bhaaji recently took Geeta for his sister Sandeep Kaur’s wedding in Jalandhar. Bhajan’s family gave her a grand welcome and that indicates that soon she might become the part of their family.
Finally Cricketainment will witness a wedding!!
Tags: Bhajan, Couples, Geeta Basra, Grand Welcome, Jalandhar, Marriage, Relationship, Tie Knot, Tie The Knot, Wedlock | No comments
21 March, 2010 (10:21) | Bollywood Gossips, Songs and Music | By: TURAB AWAN
A couple of days ago it was reported that Katrina Kaif had fainted on the sets of a movie. Though she dismisses it just as a one-off incident, she feels there are negative vibes around that affect her.
She says, “There is too much negativity around. My health suffered due to this. Constant negativity does affect a person.”
Apart from this, Katrina is also unhappy about the many rumours surrounding her personal and professional life.
Don’t worry Katz.. Things will soon calm down.
Tags: Bollywood, Couple Of Days, Health, Katrina Kaif, Katz, Negative Vibes, Negativity, Professional Life, Rumours | No comments
21 March, 2010 (10:20) | Bollywood Gossips, Songs and Music | By: TURAB AWAN
Geet ki gang has evaded the axe for the last two weeks but not anymore with Mangalore’s Kishore Aman being evicted from Dance
India Dance 2.
Despite a good performance, Kishore Aman lost out as he couldn’t garner enough votes. Aman lost out to Samuel Jack Gill. Shakti Mohan bagged the highest number of votes followed by Dharmesh Yelande and Amarjeet Singh.
In other action of the day, Bollywood legend ‘Jumping Jack’ was the special guest. Old he may be but Jeetendra did a jig with Terence.
Meanwhile, Arshad Warsi and Dia Mirza will be the guests for today (Sat) episode. The duo will be here to promote their upcoming film “Hum Tum aur Ghost.”
Tags: Amarjeet Singh, Arshad Warsi, Axe, Dance 2, Dharmesh, Dia Mirza, Ghost, Hum Tum, India, Jack Gill, Jig, Jumping Jack, Lost, Mohan, Shakti, Upcoming Film | 1 comment
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