November 2010

Initiate ‘buy’ on Sobha Developers – TP Rs.409  Initiate buy coverage on Sobha Developers with one year target price of Rs.409. The stock is currently quoted in the range of Rs.360.  The company derives majority of its cash flow from residential property development in South India, Bangalore, Chennai etc. In these markets, demand […]

The trading timings of the Muhurat Trading Session for the Cash and Derivative Segments, and for Currency Derivatives, on Friday, November 05, 2010 will be as follows:- Session ———————– Start Time —————-End Time Call Auction (Pre-open)—–06 : 00 p.m.—————06 : 15 p.m. Pre Open order entry ——-06 : 00 p.m.—————06 :07/06:08 p.m Continuous Trading———-06 :

Some of you may have known about xbox kinect which was previously known as Project Natal. This will provide you with a user interface with gestures or spoken commands. So this should bring Microsoft up to the levels of Sony’s PS3. There are about 15 titles available for use with kinect at the moment. And

‘Buy’maintained on HCC with lower TP Rs.70  Buy call is maintained on Hindustan Construction Company (HCC) while the target price is pruned to Rs.70 over one year term. Earlier target price was Rs.78 over one year.  TP is slashed because of lower profitability for 2QFY11.  For the second quarter, revenue increased by

Reliance Natural Resources (RNRL) said on Monday trading in its shares would be stopped from Nov. 10 after the company’s merger with Reliance Power. Reliance Power has absorbed sister firm Reliance Natural in a share swap deal that was announced in July. Source: Geojit