Rumour Post On Halaal Street

Indusind Bank is in the process of divesting /reducing promoters stake as per RBI mandate. Share may travel to Rs 100 mark on progress being made in this regard.

Bank of Rajasthan is making preferential issue of 1 crore equity shares at not less than Rs 150 per share. This would reduce promoters holding and hence stock would get re-rated. Share has potential to touch Rs 200 mark by March 08.

Hotel Leelaventure has posted good results for September 07 quarter with EPS of Rs 1.08 for the quarter. In view of better H2 for the hotel industry in general and company in particular, FY08 EPS may have Rs 4 EPS. Share at Rs 48 is a good fundamental buy for medium term.

Hindustan Motors has posted cash profit , in the recent past, for the first time in September 07 quarter purely from operations. The topline also improved sharply to Rs 189 crore for the quarter against Rs 140 crore of June 07 quarter. This indicates turnaround for the company and coupled with realty realization the share may witness an upward move from Rs 34 levels.

MRO Tek has shown very good results for September 07 quarter, with PAT of Rs 4.37 crore, which is best quarterly results after March 06 quarter. On reduced equity of Rs 9.50 crore, (post 17.55 lakh shares buy back for Rs 8.25 crores), EPS for the quarter is placed at Rs 2.30. The company’s working seems to have come back on track with EBITDA margin of close ot 20%. The share is ruling close to PER of 5, and hence has potential to rise from Rs 48 levels.

It is likely that Bihar Caustic is likely to get merged with Hindalco Industries, with a likely swap ratio of 1 share of Hindalco for 2 shares of Bihar Caustic. Share price of Bihar Caustic may touch Rs 90 mark.

Market has started talking about Reliance Money IPO which may pull up the share price of Reliance Capital. Share price target of Rs 2000 is being talked by the year end.

GMR Infra has offered directorship to the government nominees on the subsidiaries of Delhi International Airport (DIAL). These subsidiaries are developing airport land and cargo operations and now all lease revenue have also agreed to come in DIAL. This would expedite the process of 45-acre lease of land which can mobilize Rs 3000 crores, and would also open up the way for development of remaining 200 acres by DIAL. This development would sharply re-rate the stock and share can touch Rs 180 mark in next couple of weeks.

TCI Industries is reported to be negotiating for Mukesh Mill property development, at Colaba, with the help of a leading realty consulting company. Share price hitting upper circuit, now ruling at Rs 4780, is likely to touch Rs 7500 by the year end.

Nalwa Sons, a Jindal Group company, has been witnessing informed buying and share has doubled in the last one month. This is a Jindal Group company holding over I crore shares of Jindal Saw. The present NAV per share is Rs 2300, while book value is Rs 500 per share.

Thanks ........very informative

Ing-vyasya Group Is Planning To Take Over Few Of The Small Banks Like Cbop. Please Confirm.

thnkx for sharing secrets.

Thanks a lot for sharing valuable information regarding performance of various companies.Please do continue the good work. Would be expecting from you more such information during this result season.

It's time for CESC to run as SPENCER RETAIL IPO is ready to Hit Market

POWER + RETAIL + REAL ESTATE

Spencer's holding company Pathik Retail has been merged with the group's power utility subsidiary CESC

SPENCER RETAIL to come out with 1000CR IPO

sudoku1 is posting info from sptulsian.com, for fast and first hand information rather you can also visit this site itself

Is HFCL Infotel being taken over by Anand Jain? Share is tipped to cross Rs 60 mark

Dear Sudoku1,
A big thank you for advising the source of your information Will visit site sptulsian.com for more such information. Also noted your info reg HFCL and upcoming IPO. Pl continue posting whatever news you get.
Regards,