Archive for January 19th, 2009

INTRADAY FREE STOCK VIEWS [~HaTs oFF~]-20 jan-09

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Market Review for 20th January 2009

BSE Sensex: (9330) the market unfolded as expected and closed positive, so far the market looks ok and I only hope it closes above the 9400 mark and if that happens then we may see some up days in the days to come…analysis remains the same…

Triveni Engg Q1 net profit at Rs 23.98 cr

Triveni Engineering has announced its first quarter results. The company’s standalone net sales were at Rs 365.45 crore versus Rs 346.75 crore on YoY basis. Its standalone net profit was at Rs 23.98 crore versus Rs 25.68 crore on YoY basis.

Shree Renuka can test Rs 85-90: M Thacker

Mitesh Thacker of miteshthacker.com is of the view that Shree Renuka Sugars has good amount of reasonable upside left and can test levels of Rs 85-90 in the short-term.

Jet Airways can soar to Rs 240-250: M Thacker

Mitesh Thacker of miteshthacker.com is of the view that Jet Airways needs to trade and close above Rs 210 and probably one can see upside to levels of around Rs 240-250 in this stock.

Unitech has support at Rs 26: Mitesh Thacker

Mitesh Thacker of miteshthacker.com is of the view that Unitech has support at Rs 26. If it stays above that there is every possibility it will bounce back to Rs 34-35.

L&T stakes claim, says it has a plan to save Satyam

MUMBAI: Engineering major Larsen & Toubro (L&T) continues to be interested in acquiring Satyam Computer Services. L&T’s chairman AM Naik
told ET that L&T, which is one of the largest shareholders of Satyam, is not interested in being a spectator in the ongoing saga.

Interest rates may come down in 45 days: ICICI Bank

NEW DELHI: The country’s largest private lender ICICI Bank on Monday said that interest rates are expected to come down in the next
Kamath one-and-a-half months.

Bullish on Ahluwalia Contracts, Nucleus Soft: Ashish Chugh

Ashish Chugh, Investment Analyst & Author, Hidden Gems, is bullish on Ahluwalia Contracts and Nucleus Software.

Satyam announces its newly constituted Board

Satyam Computer Services Limited (NYSE: SAY) today announced that its newly constituted Board convened for the second time in six days to discuss the immediate action plans for the Company.

Federal Bank plans to open around 30 branches

Federal Bank has announced its third quarter results. The bank’s standalone net profit was at Rs 203.89 crore versus Rs 102.9 crore.

JP Associates can test Rs 95-97: Gujral

Technical Analyst, Ashwani Gujral is of the view that Jaiprakash Associates can test Rs 95-97.