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Sunday, October 09, 2005


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`This bull market is different from previous ones' — Tridib Pathak, CIO, Cholamandalam AMC
Tridib Pathak, Chief Investment Officer of Cholamandalam AMC, believes that there is no reason to worry about a big-time stock market decline as long as India manages to sustain its "growth gap" with the rest of the world. He points out that ... More

FUND TALK
Investing for children's education
It is best to commit yourself to SIPs only for one year at a time; a lot can change over a long period, including the shortlist of the best funds to invest in. More

DSP ML T.I.G.E.R Fund: Hold
DSP ML T.I.G.E.R (The Infrastructure Growth and Economic Reforms) Fund, which seeks to invest in stocks of companies that would benefit from economic reforms and an infrastructure thrust, has delivered a return of close to 70 per cent over the ... More

Birla Equity Plan: Invest
BIRLA Equity Plan appears to be a good investment option in the universe of tax-saving funds. On a one-year and a three-year basis, its performance compares well with that of other diversified equity funds with a similar profile. The sector and ... More

A new scheme from Tata MF

  • UTI Mutual Fund has declared a dividend of 25 per cent on UTI Mastershare. The record date is October 20. The last dividend declared by the fund was in September 2004.
  • HDFC Mutual has identified October 13 as the record date for ... More

    STOCKS


    Construction is a Cinderella story
    CONSTRUCTION companies have never before enjoyed such strong investor fancy. Lifted suddenly out of years of low single-digit price earnings multiples (what the market is willing to pay for every rupee of earnings), ... More

    TECHNICAL ANALYSIS


    Corrective phase is not complete
    The short-term correction materialised during the week and the Nifty tested the support zone of 2550-2560 that was mentioned last week. Though the index managed to move past the crucial positive trigger level of 2650, the failure to hold above ... More

    A mixed trend in pivotal stocks
    SBI (Rs 916): After a firm trend in the early part of the week, the stock went into the anticipated corrective phase since Wednesday. As observed in the earlier weeks, the stock appears on its way towards the support zone at Rs 875-885 ... More

    Focus of the week
    Ashok Leyland (Rs 29): The outlook is positive and the stock appears to have the potential to move to the target zone of Rs 36-38 range. There is, however, a possibility of a drop to Rs 24-25 range. This possibility would be validated ... More

    Query Corner
    Should I hold or sell Vijaya Bank bought at Rs 67? — S.K. Kapur, T.J. Ravi Vijaya Bank (Rs 62): The stock has not moved past our earlier trigger price of Rs 70 indicated in the edition dated August 14. ... More

    STOCK MARKETS


    SEBI GUIDE
    Takeovers and substantial acquisition
    When an "acquirer" takes over the control of the "target company", it is termed as takeover. When an acquirer acquires "substantial quantity of shares or voting rights" of the target company, it results into substantial acquisition of ... More

    DERIVATIVES MARKETS


    Options guide
    Call option: A call option gives the buyer `the right but not the obligation' to buy the stock at a specified price on a future date. Put option: A put option gives the buyer `the right but not the obligation' to sell a stock ... More

    REGULATORY BODIES & RULINGS


    33 pc independent directors on co boards — Govt studying Irani panel proposal
    The consultation process on the draft Companies Bill would end on Saturday, and the Ministry would then concentrate on giving final touches to the Bill to ensure that it is passed in the forthcoming winter session of Parliament. More

    RECOMMENDATION


    Bharti Tele-Ventures: Buy
    ROBUST growth in customer addition, an expanding scale of revenues and earnings and big-ticket investments in network and services, which will drive growth over the next few years make Bharti Tele-Ventures an attractive opportunity in the ... More

    Dalmia Cement: Book profits
    SHAREHOLDERS of Dalmia Cement could reduce exposure in the stock to take advantage of the sharp rise in the price; the stock has doubled over the past three months and may settle at a slightly higher level once it starts to trade on an ex-stock ... More

    Sundram Fasteners: Buy
    LONG-TERM investors may consider equity exposure in Sundram Fasteners. Strong fundamentals, healthy growth prospects and growing contribution from exports are major positives from an investment perspective. Though the profitability could be ... More

    Indian Hotels: Buy
    SEVENTY-three properties and still expanding, Indian Hotels, owner of the Taj Group of Hotels, remains India's leading hotelier. That it is an industry frontrunner, with aggressive plans for the mass market and a slowly expanding global footprint ... More

    DCW: Hold
    INVESTORS may retain their exposures in DCW. At Rs 10, the stock trades at 8 times its trailing 12-month per share earnings. Though lower off take at its polyvinyl chloride (PVC) division wiped out profits from this business in the first quarter ... More

    Geometric Software: Hold
    FOR the second consecutive quarter, Geometric Software has warned that its revenue and earnings will fall short of expectations. Citing delays in ramp-up of specific projects by clients and partners, Geometric indicated it is expecting only a ... More

    IPOS


    GIPCL to tap market with equity issue
    GUJARAT Industries Power Corporation Ltd (GIPCL) is entering the capital market on October 13 to raise funds to finance its Rs 1,448-crore expansion programme. The company is planning to raise part of the equity amounting to Rs 275 crore ... More

    Sree Renuka Sugars: Invest at cut off
    INVESTORS can bid for the initial public offer from Sree Renuka Sugars at the cut-off price. The offer is stiffly priced, and demands a premium valuation on the company's current earnings. The offer price, at Rs 300 (the higher end of the ... More

    OUTLOOK


    FUND VIEW
    Outlook for profit growth rates
    THE long-term sustainable profit growth rates of Indian corporates on an average are nearly equal to the growth rates of manufacturing and service sectors plus inflation. Assuming around 8 per cent real growth rates of service and manufacturing ... More
    Stock Quotes
    SE Diary



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    Top Stories
    Bharat Diamond Bourse to be operational by June


    Kraft paper price hike hits packaging industry

    European Central Bank likely to raise interest rate by 25 basis points

    World Gold Council bullish on festival sales

    33 pc independent directors on co boards — Govt studying Irani panel proposal

    Forex reserves up $42 m

    `TDSAT must consider alternative methods of dispute resolution'

    In Focus

    Indian Aviation: Sky is the limit
    Stock splits
    India Inc's bonus bonanza
    Dabhol power regenerated
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Oct. 2-Oct. 8
    SEBI debars Pentamedia Graphics, directors for issuing fake shares

    Benchmark Mutual Fund plans ETF on sectoral indices


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