Equity Markets

anoop801 · May 26, 2005, 6:34pm

HEY GUYS,
Its nice to see wizards of dalal street in action,am sure ur gonna put rakesh jhunjhunwala and others of the same ilk to shame very soon ,I have been following stocks for some time but never mustered the courage to buy any from my own money,though did a lot of advisory for my Dad,Guys whats your take on TATA TELE?is it a good buy now?TATAS are investing money in there telecom business and with the new regulations of TrAI in place what do u think would be the valuation of TATA TELE?

Thanks
Anoop

cat_set_go · May 26, 2005, 6:42pm

Shoppers stop ipo was such a hit.
I had a quite a lot of reservations about thye issue , but
then i suppose its valuations were good enough.
I am still sceptical about the long term prospects of the company.

Looking forward to Hutch IPO , hope they don't overprice the issue.
Any new ones in the pipeline?

i'm too skeptical abt valuations....they are pretty much stretched for shoppers stop...but listing was good even it listed in rough times...anyway nice to see SBI and tech pack going fwd....
Keep investing
Sourabh

suriya · May 27, 2005, 4:06am

The latest and the hottest news on the street , the stock has been buzzing , hitting 52 week high , 4.5% intra day gain , stock split and public offer.
That's quite a lot of action for a day .
Hey investors a great oppurtunity for investment in one of the bluest of the blue chips - BHEL.
What is the take on it guys?

151391 · May 27, 2005, 6:46am

Hi Anoop,

I agree with you that Telecom Sector is in booming.But few points to note..I work for Tatateleservices(software division) so some info

The tatatele which is listed is only for Maharashtra Circle.Tatas are planning to come to public offer some time this year

Tatas Have started investing in this heavily only since past few months and it takes somemore time for them to get the results..
So if you are a long term Investor say 2-3 years then its a good investment..

But may be in the next 5-6 months the stock may not move much.
It will gain momentum only once the IPO offer starts,Moreover the stock market is heading towards 7000 and it reaches there there will be slight correction ,SO I think if you are a long term investor its waste investing in ti at this point of time.

Considering 3 years ago Bharti listed at Rs 40 today it is at 220...,Hope tatatele goes well too

gaurav440 · May 27, 2005, 10:55am

Hi junta

The markets have finally reached the last two months high and have crossed levels of 6700

But can these levels be sustained ..or will it move up further ?

As for Bhel , i desperately hope that the public offer comes soon

ankursanghi · May 27, 2005, 12:21pm

Hi junta

The markets have finally reached the last two months high and have crossed levels of 6700

But can these levels be sustained ..or will it move up further ?

As for Bhel , i desperately hope that the public offer comes soon

Hi people,

any guesses on what is going to be the minimum investment to get at least 10 shares allocated.....
if u think my question is not clear... u r right... i m new to this field...

My question in simplest terms: How much loan should I take to invest in Bhel?? Quick people, i need to apply.

gaurav440 · May 27, 2005, 12:33pm

Hi people,

any guesses on what is going to be the minimum investment to get at least 10 shares allocated.....
if u think my question is not clear... u r right... i m new to this field...

My question in simplest terms: How much loan should I take to invest in Bhel?? Quick people, i need to apply.

Hey

I think BHEL is yet to come out with the public offer and there is a procedure for it which it will have to go thru ...like filing of prospectus with SEBI ...appointing merchant bankers and so ....

I think the issue will take some time to hit the markets ...

So keep searching and happy investing to u

premature_articulation · May 27, 2005, 8:01pm

Hey

I think BHEL is yet to come out with the public offer and there is a procedure for it which it will have to go thru ...like filing of prospectus with SEBI ...appointing merchant bankers and so ....

I think the issue will take some time to hit the markets ...

So keep searching and happy investing to u

Bhel is already a listed stock ... so no filling of the red herring prospectus with SEBI and approval and stuff.
THe reason the BHEL scrip is in news is coz teh govt is plannign to divest another 10% of its stake in the company. IT will reduce the govts stake from 67% to 57%.
15% is reserved for BHEL employees.
There are also plans to split the stock so that the retail investors also get their share in the company....

gaurav440 · May 27, 2005, 8:33pm

Bhel is already a listed stock ... so no filling of the red herring prospectus with SEBI and approval and stuff.
THe reason the BHEL scrip is in news is coz teh govt is plannign to divest another 10% of its stake in the company. IT will reduce the govts stake from 67% to 57%.
15% is reserved for BHEL employees.
There are also plans to split the stock so that the retail investors also get their share in the company....

Hey dude

Thanks for the Gyan

I know that the stock is already listed ...what i was talking bout was the public offer which is gonna come as the disinvestment of the 10 percent takes place .

anyways ...keep enlightening us about the regulatory procedures that go in to offer shares to public

gaurav440 · May 28, 2005, 9:07am

Hi all

Jus read the news that ITC has declared a dividend of Rs31 per share , thats a dividend of 310 percent ...:wow: and further it is considering a bonus issue to the shareholders ..

And its PAT has been around 2300 crores for the FY05 ...

Quite amazing stats and no wonder ITC scrip is doin well on the bourses as well and has crossed levels of 1500:)

gaurav440 · May 30, 2005, 4:45pm

Hey guys

check out this link regarding Provogue IPO ...which is hitting the markets on 10th june .

http://www.rupya.com/archives/000644.php#more

The offer price is between Rs 130 and Rs 150

What do u think about this IPO ?

suriya · May 31, 2005, 4:22am

Hey guys
check out this link regarding Provogue IPO ...which is hitting the markets on 10th june .
http://www.rupya.com/archives/000644.php#more
The offer price is between Rs 130 and Rs 150
What do u think about this IPO ?

Check out this link too
http://www.indiainfoline.com/news/news.asp?dat=59519
Another ipo in a happening sector
Can anyone post the link to the details of the company
Its P/E compared to it's peers.
Does it export garments to any of the big retailers in US & europe?

gaurav440 · May 31, 2005, 3:50pm

Check out this link too
http://www.rupya.com/forum/viewtopic.php?t=37042

gaurav440 · May 31, 2005, 3:55pm

Hi junta

Another IPO in the pipeline and that of UNIPLY Industries ...offer price Rs 24 and this IPO is open from June 9 to june 16 ...

check out this link

http://www.moneycontrol.com/stocks/pickoftheweek/equityreportfinal.php?eqid=UI16

suriya · June 1, 2005, 4:30am

http://www.indiainfoline.com/news/news.asp?dat=59528

Check out this link.

Nector life sciences is coming out with its IPO.
A pharma company .
It is very difficult for me comprehend what is happening in that sector.
Could anyone through some light on this sector.
Basically on the different types of drugs they are making , patent laws governing them ,
export scenario etc etc.

cat_set_go · June 1, 2005, 8:21pm

pharma sector and fmcg has consolidated and fmcg has already started showing strength i think it'll be fine till monsoons so investing in HLL and ITC is a good option....am i right???

Sourabh

thebestestone · June 1, 2005, 8:33pm

Hi,

I suggest that if you are looking at fmcg, then don't go for HLL, instead go for a mid-cap like Dabur.Don't see much further action on the upside on that counter(my opinion, solely).
Also, see the Economic times(1st June) front page news article on FMCG, and you'll know why not to invest in hll, right now.

For ITC, hum.......seems a little expensive as of now, let it fall a little and can accumulate on declines.

Hope that helps.

Chao

suriya · June 2, 2005, 4:21am

Hi junta

Another IPO in the pipeline and that of UNIPLY Industries ...offer price Rs 24 and this IPO is open from June 9 to june 16 ...

check out this link

http://www.moneycontrol.com/stocks/pickoftheweek/equityreportfinal.php?eqid=UI16

I can count at least 3 IPOs in the second week on june.
Uniply , Necrtar pharma , Provogue .
Now , which one should u invest to maximize gains on the listing day.
One sure shot way to grt it right is to follow the herd mentality ( i hate that )
wait till the last day and see the response of institutional investors.

http://www.indiainfoline.com/news/news.asp?dat=59675
check out this link for uniply ipo.

suriya · June 2, 2005, 4:26am

Hi,

I suggest that if you are looking at fmcg, then don't go for HLL, instead go for a mid-cap like Dabur.Don't see much further action on the upside on that counter(my opinion, solely).
Also, see the Economic times(1st June) front page news article on FMCG, and you'll know why not to invest in hll, right now.

For ITC, hum.......seems a little expensive as of now, let it fall a little and can accumulate on declines.

Hope that helps.

Chao

Agree with u mate.
ITC has seen a lot of upside for the last 6 months .
it has outperformed the index , moved from 1000 levels to 1550 levels.
There is limited upside from now on , valuations are stretched.
Accumulation at declines is a good idea , fundamentally a good company to buy into.

The same cannot be said about HLL.
Dabur seems to be a good stock .

A bit of indepth research would be good before investing , Afterall its ur money.

reachmonil · June 2, 2005, 10:47am

Hie folks....

i m not too sure about the provogue IPO.... @ P/E multiple of 18 .... aint it a bit too overpriced for the sector, leaving aside the wallmart apprehensions in the retail market?!?