ost of you must have seen the news today..! Any inputs on how the markets are gonna react to this rumour??... coz both sides have (obviously!) denied it at this point in time..
My Question: For a short-term investor, does itmake sense to hold on to Infy (discounting this as a rumour) and assuming it wont have a major impact on the short term price of the stock?..
Your views....!
Thx!
@Vivek....The only reason that one can attribute to stock rises and falls is that you can't assign a reason 😉 Read this for more proof
On a more serious note, let's keep the speculation out of this forum and this thread...If you go thro' the previous pages, most people have tried to substantiate with reasons other than my-insider-friend-told-me...Let's keep it that way :)
Cheers
Al rite guys here are some facts abt the most speculative script, i was doing a bit research and i came upwith all this information if it can help u
This stock has been one of the most debated stock in recent times. And I know it was cursed, many a year ago, as a stock which has duped many investors of their hard earned money. Yes, We are talking of Teledata Informatics. I had been getting emails from the readers on the prospects of this stock given its rise from Rs. 8 to Rs. 80 and it made me write this post for the benefit of the readers. Let's see what is going on with the company and its stock price and what are the future prospects !
July 13,2005 This was the day on which I wrote a post on Teledata informatics stating that the stock is a dark horse and should be kept on watchlist. And I know this post drew large number of comments both positive as well as negative from the readers. The stock was then trading at Rs 28 down from its high of Rs. 60. Things changed from bad to worse from then and the stock price plummeted to Rs. 8. However, the situation took a turn and the stock never looked back ! So what's behind the transformation of this stock or will it turn out to be another illusion ? Let's find out.
About Teledata
Teledata Informatics Ltd is a global software solutions company providing enterprise-wide solutions for the Marine, Education, Utility and Telecom sectors. With over 2600 employees globally, Teledata is the only company in Asia to offer comprehensive Marine software solutions. The company has a vision to position itslef as a leading technology solutions provider and be among the top 20 global IT companies by 2010.
The Steward
The Chairman Gp. Capt. K. Balasubramanian IAF (Retd.) is a Graduate Mechanical Engineer, M.Sc (Engineering Cranfield -U.K), and an M.B.A from Madurai Kamraj University. He joined the Indian Air Force in the year 1962 as Pilot officer and rose to the rank of Group Captain before his retirement in 1994.He is currently Chairman of the company. He plays a key role in defining the company strategy and in continuously using technology and innovation to maintain its leadership of the industry.
Transformation through Acquisitions
Teledata has been on an aggressive acquisition spree during the last Fiscal year and has acquired as many as 12 companies. In October 2005 the company acquired Picnic Marine, a thailand based company for US$ 27 Mllion.
In Jan., 2006 the company has taken over the majority stake in Hyper Sascom Ltd incorporated in the state of Bihar. Hyper Sascom Limited, Patna is having an agreement with District Computer Centre Society, Patna to provide Computer Education for all students studying in all Rajkiya, Rajkiyakrit, Minorities and other Govt. and Govt. aided high / middle schools of Patna Dist aggregating to 205 Schools. The Student Strength of the school is approx 1.80 lakhs .
In Feb 2006, te company had taken over 60% in SBC Data Systems Ltd, Ireland through its subsidiary. SBC Data Systems Ltd. provides solutions to the transportation and logistics industry. SBC Data Systems Ltd, Ireland is a company having a turnover of USD 7 Million with a profit margin of 30% . The per employee contribution to the companys profitability is more than the average industry standards.
In March 2006, Teledata had acquired 100% stake in Alpha Soft Services Corporation, USA through its subsidiary. Alpha soft is a 28 Million US $ Company providing high quality IT services in the areas of Enterprise Resource Planning (ERP), Data Warehousing, E-Business and related technologies. Vendor specific technologies include Oracle, PeopleSoft, BEA, IBM, ATG, Informatica, Business Objects, Cognos and Microsoft. The tremendous growth of AlphaSoft has earned it a place on the prestigious Inc. 500, ranking #131 in its first year of eligibility. AlphaSoft also ranked #16 in the San Francisco Business Times Top 150 Fastest Growing Private Companies list.
In April,2006 the company acquired 80% in I-Max Networks Limited, London through its subsidiary. I-Max Networks Ltd is a provider of telecommunication carrier services, equipment distributor and an integrated solution provider. The company specializes in IP telephony - VoIP, TDM & Wireless communication. The core business is based on wholesale and retail of International voice traffic and aggregating traffic for Incumbent Local Operators. Their subsidiary Voicetec Systems Ltd caters to the wholesale business. This was a step towards strengthening its presence in the communication sector.
In January 2007, it acquired 100% stake in Soltius Pte Ltd, Singapore through its wholly owned subsidiary, Bitech International LLC, Dubai. Headquartered in Singapore, Soltius is a Global IT solutions & Services Company that offers expertise in areas of business solutions and services. With over 800 professionals on board worldwide Soltius focuses on SAP projects and consultancy services. The companys industry-specific groups generate strategies rooted in a deep understanding of the practices and processes that help identify appropriate business solutions and services for various industries.
In January 2007, Teledata Informatics Ltd had invested USD105 million to acquire majority stake in Singapore headquartered IT distribution major and PC maker - eSys Technologies Pte Ltd. The investment will enable Teledata capitalize on the synergy between Teledata and eSys which would help accelerate the business levels with tremendous prospect.
So one can see that Teledata's business model has been of growth through acquisition. Investment Guru believes that integration of all these business with the business model of the company will be the major factor for Teledata's future growth. After making these smart acquisition the uphill task is to integrate them and make the best use of the synergies available.
Teledata -eSys to set up PC Manufacturing unit in Himachal Pradesh
eSys Technologies is setting up a PC manufacturing unit in Baddi, Himachal Pradesh to be operational in 2007. The installed capacity of the plant would be 1,200,000 units per annum and the total capital investment is expected be around Rs 250 crores.
Impressive growth in Topline and Bottomline
For the Fourth Quarter ending March 2007, the company has posted revenues of Rs. 1572.81 Cr. against Rs. 453.07 Cr. for the respective quarter last year recording a jump of 247%. Net Profit for the above period of Rs. 207.13 Cr. has witnessed a surge of 416% compared to the same quarter last year.
For the Year Ended March 2007, the company posted a Topline of Rs. 3802 Crores and a Net profit of 489 Crores. This shows a sproadic increase in both tipline and bottom line in the last leg of the year.
For the quarter ended March 07, the EPS stood at Rs. 10.53 while the Full Year EPS for 2006-07 stood at Rs. 27.25 If we evaulate the company current stock price on its EPS, Teledata is currently qouting at roughly 3 P/E.
The PE levels makes a case of value buying but this is not new phenomenon for the company. The company's stock has been a laggard for a long time and this is nothing new. What is new is the developments on the acquisition front which have provided the much needed visibility to the company and push to its topline. No doubt the stock is qouting at very attractive levels given the growth trajectory....so what is holding up the stock to attin PE levels comparable to other Good IT stocks ?
Shareholding Pattern- Cause of Concern
Yes, this is the main bone of contention for a shareholder of the company. A general question which arises is that if the company is on a fast growth track and the management sounds so cpnfident of the future growth prospects of the company, why are the promoters holding such a small pie in the company ? Yes, we can see that there is some shift from Mar-06 when the promoter holding was just 4.49 % and now the promoter holding stands at 16.09 %. This is still a low promoter holding for such a fast growing company and raises doubts over the promoters intention. A obvious question that arises is " Are the promoter jacking up the prices through manipulation for their vested interest?" I would not comment on this as I do not have clarity on what is going in promoter's mind. But for sure this is one of my biggest concern for the stock.
Stock Price Movement and Volumes
Though the company started its acquisition spree long back sine October 2005 and most of the acquisitions happened in Year 2006 , the stock price picked up in real terms only after acquisition of Soltius and beame more pronounced with acquisition of Esys. The stock price didn't looked back since then and the stock has undergone series of Upper circuits. The current circuit limit for the stock is 5% and the stock continues to hit the same. Another interesting thing to note is that the stock price rise has come with huge volumes which suggests that there has been a wide circulation of the stock among public holdings as well as active trading is taking place in the stock.
Teledata - Buy , Hold or Sell ?
Well, that's a tough call given the mixed outlook on the company fundamentals. Though the growth delivered by the company specially in the later half of Year 2006-07 is outstanding and augers well for the stock price, the promoter holding which is still at lower levels has left the investors worried about their intentions.
The story which could be percieved as a transformation or turnaround has got grey spots with uncertaintly over promoter's intentions. I beleive the promoter should come up on some forum to reveal their strategy and reasons behind a lower stake in the company.
Investment guru is of the view that the stock at current levels has still the steam left but it offer a High risk , High return proposition. The short term target for the stock is Rs 100 ( 10 days timeframe) and Investors who are invested should keep a close watch on the volumes. Any reversal in the uptrend should be used as a caution and more than 10% fall should be ideal for taking a stoploss position. For long term perspective we would need to watch how the company delivers going forward and how well does the mangement demonstrates its confidence in the business model of the company. Definitely a dark horse for Long term
cheers
ost of you must have seen the news today..! Any inputs on how the markets are gonna react to this rumour??... coz both sides have (obviously!) denied it at this point in time..
My Question: For a short-term investor, does itmake sense to hold on to Infy (discounting this as a rumour) and assuming it wont have a major impact on the short term price of the stock?..
Your views....!
Thx!
I dont think i will make any sense holding this share for short term , but it is ok if u want to play safe , and dont expect handsome return in short run, as u can c appricaiation in rupees (10-15%) with last quater which brings the profit of big blue chip staright way down . that is one of reason why u should not put ur stake on infy,
thats my opnion , ifferent person will have different suggestion
:grab::grab:
Al rite guys here are some facts abt the most speculative script, i was doing a bit research and i came upwith all this information if it can help u
With due regards to ur sentiments (sic) for this scrip, what you have done is search or re-search rather than research
In more direct terms, it amounts to plagiarism.. as u didnt feel the need or have the courtesy to acknowledge the person (Rajesh Soni) from whose blog u blatantly copied..
http://rasoni.blogspot.com/2007/04/teledata-8-to-80-transformation-or.html
Regards
With due regards to ur sentiments (sic) for this scrip, what you have done is search or re-search rather than research
In more direct terms, it amounts to plagiarism.. as u didnt feel the need or have the courtesy to acknowledge the person (Rajesh Soni) from whose blog u blatantly copied..
http://rasoni.blogspot.com/2007/04/teledata-8-to-80-transformation-or.html
Regards
:snipersm:i know that but for doing that as well u have to do search again and again which is call re-search
Cant help if some people assume research to be the same as repetitive searching! 
Turning to something of greater interest than catfight/e-'fisting' :P, we are at a new all-time high now - both on intra-day and closing basis - on the Sensex as well.. however, the spanner in the works could be provided by Q1 numbers, led by the IT biggies.. TCS has already gone public abt its concerns pertaining to its profitability getting affected owing to a weak n uncertain for-ex scenario.. no wonders can be expected from the Auto front either (shrinking margins remain a concern almost perennially, despite increasing volumes).. On the positives, cement and sugar are the toad-to-princess (or was it prince?!) sectors almost overnight.. Banking n Fin Services space looks to be most promising from Q1 perspective..
All in all, it promises to be one helluva results season, and may prove decisive for the near term outlook of the mkt.. my friend (who's a derivatives analyst) suggests tht the current Put-Call Ratio of 1.6 is highly unstable for the mkt.. but my own perspective is tht since a new high has been formed on closing basis, there shudn't be too much to worry abt till the 15K mark at least.. had today's close been in the red, the Sensex wud have formed a double-top (first in Feb n second on 29/06/07) and shown signs of reversal.. in short, i think tht though we aint exactly out of the shadow of the double-top, but then there is no immediate cause for a sell off either..
Turning to something of greater interest than catfight/e-'fisting' :P, we are at a new all-time high now - both on intra-day and closing basis - on the Sensex as well.. however, the spanner in the works could be provided by Q1 numbers, led by the IT biggies.. TCS has already gone public abt its concerns pertaining to its profitability getting affected owing to a weak n uncertain for-ex scenario.. no wonders can be expected from the Auto front either (shrinking margins remain a concern almost perennially, despite increasing volumes).. On the positives, cement and sugar are the toad-to-princess (or was it prince?!) sectors almost overnight.. Banking n Fin Services space looks to be most promising from Q1 perspective..
All in all, it promises to be one helluva results season, and may prove decisive for the near term outlook of the mkt.. my friend (who's a derivatives analyst) suggests tht the current Put-Call Ratio of 1.6 is highly unstable for the mkt.. but my own perspective is tht since a new high has been formed on closing basis, there shudn't be too much to worry abt till the 15K mark at least.. had today's close been in the red, the Sensex wud have formed a double-top (first in Feb n second on 29/06/07) and shown signs of reversal.. in short, i think tht though we aint exactly out of the shadow of the double-top, but then there is no immediate cause for a sell off either..
hey guys i was tracking two three stocks can any one throw lights on Gesco, BF utilites, and suzlon, and what is cooking in this real estate counter. i heard that RBI is gonna increase the intrest rate again which will have a direct impact on real estate stock and they will deep further is that True??:neutral::neutral:
vivekagrawal Sayshey guys i was tracking two three stocks can any one throw lights on Gesco, BF utilites, and suzlon, and what is cooking in this real estate counter. i heard that RBI is gonna increase the intrest rate again which will have a direct impact on real estate stock and they will deep further is that True??:neutral::neutral:
Gesco..I guess there are better stocks in real estate sector to look at..I guess IVCRL Infra is a better play than Gesco atleast as IVRCL is doing to demerge soon with a new company called IVRCL prime coming up.Also parsvnath and sobha looks good in real estate.Everyone is waiting for DLF to list and that can trigger movements in real estate sector.
Suzlon..great share..have been getting fresh targets for it every 10-15 days..Latest target as i can remember is 1680 something..Its a company for future and a definite long play..Dont think there is much steam left in it for short term.
Dont know abt BF Utilities,dont track it.
Real estate counters has appreciated quite a lot in recent past,partly due to the DLF ipo.So dont get surprised if they start falling as people have started booking profits.The RBI news I am not really aware of interest rate hike.
I heard petrol and diesel prices may go up soon.
I guess the IT sector has a lot to do in the markets now.Sustaining the all time high levels wont be easy.Lets wait for the guidance of IT majors Q1 results.
Happy Investing!!
(All r my personal views)
Gesco..I guess there are better stocks in real estate sector to look at..I guess IVCRL Infra is a better play than Gesco atleast as IVRCL is doing to demerge soon with a new company called IVRCL prime coming up.Also parsvnath and sobha looks good in real estate.Everyone is waiting for DLF to list and that can trigger movements in real estate sector.
Suzlon..great share..have been getting fresh targets for it every 10-15 days..Latest target as i can remember is 1680 something..Its a company for future and a definite long play..Dont think there is much steam left in it for short term.
Dont know abt BF Utilities,dont track it.
Real estate counters has appreciated quite a lot in recent past,partly due to the DLF ipo.So dont get surprised if they start falling as people have started booking profits.The RBI news I am not really aware of interest rate hike.
I heard petrol and diesel prices may go up soon.
I guess the IT sector has a lot to do in the markets now.Sustaining the all time high levels wont be easy.Lets wait for the guidance of IT majors Q1 results.
Happy Investing!!
(All r my personal views)
GUd one kalu , but according to sources petrol prices are not going to change for couple of month unless crude climb to $100,:satisfie:, as of intrest rate dont think RBI is hking it,
i personleyy think that due to global warming and stuff like that , wind energy will be in mainstream energy sources in new future imean they will be the kings of future ,energy source. at that time these scripts will give u handsome return like like infosys but will like PRAJ one of my favorite which i never bought. if anybody have different thought than plzshare, cheers
Disclosure: i dont have any of the dicsussed my client may have exposure ,
Allied Digital IPO subscription figures are positively intriguing.. :thumbsup:
At the same time, the magnitude of over-subscription makes me doubt the life span of this bull phase/mkt
Jokes apart, it goes to show just how much value lies (largely, hidden.. not only to investors of all hues, but maybe even to the promoters!) in the unlisted and maybe even the unorganised space..
DLF had an impressive listing, taking many (including me) by surprise.. it (and the CNBC studio, thanks to Udayan and Mitali's avoidable antics) did shake the mkts for a while, though.. however, the key would be to be able to sustain around these levels.. Vishal Retail had a splendid listing yesterday, but now it seems to be cooling off to more reasonable levels.. however, I expect there would be another upsurge in this counter, maybe next week..
At the same time, the magnitude of over-subscription makes me doubt the life span of this bull phase/mkt
Jokes apart, it goes to show just how much value lies (largely, hidden.. not only to investors of all hues, but maybe even to the promoters!) in the unlisted and maybe even the unorganised space..
DLF had an impressive listing, taking many (including me) by surprise.. it (and the CNBC studio, thanks to Udayan and Mitali's avoidable antics) did shake the mkts for a while, though.. however, the key would be to be able to sustain around these levels.. Vishal Retail had a splendid listing yesterday, but now it seems to be cooling off to more reasonable levels.. however, I expect there would be another upsurge in this counter, maybe next week..
Allied Digital IPO subscription figures are positively intriguing.. :thumbsup:
At the same time, the magnitude of over-subscription makes me doubt the life span of this bull phase/mkt
Jokes apart, it goes to show just how much value lies (largely, hidden.. not only to investors of all hues, but maybe even to the promoters!) in the unlisted and maybe even the unorganised space..
DLF had an impressive listing, taking many (including me) by surprise.. it (and the CNBC studio, thanks to Udayan and Mitali's avoidable antics) did shake the mkts for a while, though.. however, the key would be to be able to sustain around these levels.. Vishal Retail had a splendid listing yesterday, but now it seems to be cooling off to more reasonable levels.. however, I expect there would be another upsurge in this counter, maybe next week..
Yes,I guess the IPO's have made Indians feel that any small company which has something unique to offer can come up with an IPO and if the uniqueness is really unique or the fundamentals and stuff are strong,we know how many times it gets subscribed.
Look at recent Vishal Retail's IPO..A return of 180% on day1 is something really huge but then normal investor were not part of this appreciation.A friend of mine who has applied for shares worth Rs 1 lakh(maximum limit for retail invesors) was alloted shares of Rs 6000 odd.Now looking at the IPO listing many people must be cursing themselves but really luck is not so bad and one has not really missed a huge bus.
I agree that Vishal Retail will cool off rather should cool off so that fresh investors think for buying it.Haven't seen much of the valuation part of Vishal but the space is operating is really good.Having more than 50 stores in major cities is something.And their biggest advantage is their tier 2 cities presence.Jaipur,Bhubaneswar,Cuttack,Agra,Siliguri,etc.
But then I guess people wanting to invest in the retail story may look at Pantaloon Retail as a better option.Large scale of operations.And recent news of divestment of stake in Future Money(financial arm of Pantaloon-future group).Expansion of new format retail stores.
About DLF,Lisitng was really impressive.but I think it will be difficult to sustain these levels or else I personally believe there is not much upside left for this counter.
It would be interesting to see how market behaves now.We have one week to go for the IT majors' results.
Happy Sustaining!!!
If u compare vishal retail with DLF than DLf was better in terms of return
and yes i do agree that not much upside is left , as u can the see a lot od speculation was
going on regarding dlf listing , but u can see what happened at listing , and i know ,there must be some problem with cnbc and DLF , thats why they keep on saying Avoid dlf
but my dear friends market does move , the way cnbc tv18 want to , never listen to them
but as dlf sustain to stay above 570 and it is backed by FII and Qib so i cant see any major breakdown from here yes 524 will be the strongest supporting level breaking that
can drag the script towaards 480 levels
my experince with dlf was gud but after applying i was in pain for doing so
and when i saw vishal retail listing i crused myself for not apply ing than i calm my self after readingthis article
Moneycontrol India :: News :: Theoretically investors in DLF gain more than Vishal :: DLF :: IPO - New Listings :: Vishal Retail,DLF
cheers
people,
Kale consultancy.... went up till 16% day b4 and last 2 days again going back to square one...whereas frontline stocks are slowly inching up...
any hopes on IT stocks.. which have been in a bad state...after the sudden rupee rise and dollar crash...now that the results are coming can we expect the biggies to move up...
any one pls throw some light on SKUMARS... bought it after the news about the demerger at 84.. now its trading at 109... any chances of it going up...and when is the exact date..when its going to demrge...
also about PunjLLoyd and Gateway distriparks... i've been holding gateway distri for quite a long period... bought at 180..it went till 140.. and now trading at 190....
want to know what puys think about those stocks... and do tell if something is better than that in the same sector..
people,
Kale consultancy.... went up till 16% day b4 and last 2 days again going back to square one...whereas frontline stocks are slowly inching up...
any hopes on IT stocks.. which have been in a bad state...after the sudden rupee rise and dollar crash...now that the results are coming can we expect the biggies to move up...
any one pls throw some light on SKUMARS... bought it after the news about the demerger at 84.. now its trading at 109... any chances of it going up...and when is the exact date..when its going to demrge...
also about PunjLLoyd and Gateway distriparks... i've been holding gateway distri for quite a long period... bought at 180..it went till 140.. and now trading at 190....
want to know what puys think about those stocks... and do tell if something is better than that in the same sector..
I have been tracking Gateway Distriparks..
The logistics sector has been so hot for quite some time now.
DHL buying BlueDart
DTDC Couriers received Rs 70 crore investment from Reliance Capital for a 44 per cent stake, while Gati raised money from AMP Capital Investors.
This sector is getting hotter as the supply chain sector would attract more and money in the face of increasing organised retail market.
people,
Kale consultancy.... went up till 16% day b4 and last 2 days again going back to square one...whereas frontline stocks are slowly inching up...
any hopes on IT stocks.. which have been in a bad state...after the sudden rupee rise and dollar crash...now that the results are coming can we expect the biggies to move up...
any one pls throw some light on SKUMARS... bought it after the news about the demerger at 84.. now its trading at 109... any chances of it going up...and when is the exact date..when its going to demrge...
also about PunjLLoyd and Gateway distriparks... i've been holding gateway distri for quite a long period... bought at 180..it went till 140.. and now trading at 190....
want to know what puys think about those stocks... and do tell if something is better than that in the same sector..
Gateway dist is a decent buy at these level also , but upside is still left , but it is unable to sustain above 190 level once it breaks 207 level the next limit will be the sky , really guys just wait for a break out and u wont regret, i bought this script at 207 levels ,on the recom of friend Akhil , but soon after that i never saw this counter above 200 but , it is the sahre market whwre, Patience is always rewared, cheers
Yeah. Logistics Sector looks quite hot, and Gateway Distri too tempting! Fully Agree. :)
Also, Gati has been creating quite a buzz since 3 days with the deal with RIL in the pipeline. :)
Also, in the financial sector, Geojit Financials is creating quite an intriguing equation, slowly marching up from 41 last Friday to 48, today's close. Strong financials, this looks a good pick. What say?
reachmonil SaysAlso, in the financial sector, Geojit Financials is creating quite an intriguing equation, slowly marching up from 41 last Friday to 48, today's close. Strong financials, this looks a good pick. What say?
Has posted good quarterly growth too.. results declared today..
But somehow, I feel more inclined towards Fin Services large-caps.. mid-caps mein banks are much more exciting prospects.. the medium to smaller ones are those which will witness more price action in the time to come..
Cheers guys all buzzing stock IF someone is saying indian market is overvalued or over heated he is the biggest idiots, how can u say when a economy is growing 8-9 % , every year , so friends a long way to go 15000 wasphysical limited which was breached a corection is due ,but market will not crash in near future so happy investing
ANY BODY TRACKING mallU pAPER, I M TRACKING LAST COUPLE OF WEEKS AND LOOK AT THE GRAPH MAN IT WENT MAD, CHEERS:grab::grab:
This is interesting.
Market was moving around the 14500-15000 mark for quite sometime and people were expecting a cool off once the 15k level is breached.
But,once the 15k level has been achieved,Market is going up nicely with more than 150 points for 2 days,inspite of the fact that Infosys's results were bad(though it was expected).And other IT companies will follow this kind of results in days to come.We need to wait for RIL result. Also rupee/dollar has been hovering around that 40.XX mark for quite sometime now which is unproving the belief that RBI would intervene and try and take it to levels of 42.XX.
Also,stocks like SAIL,Hindalco going up so much..Also Tata Steel moving in a smart manner,don't know what to tell. An interesting fact is a stock like Bharti Airtel, It hasn't moved really for quite sometime now.Reliance Com moved from 470-480 odd to 550 odd..Keeping an eye on it now.
Stocks like Pantaloon has caught my eye for sometime now.Future Money going to be separated soon as a company whose valuation is around Rs 4400 crore.They Started a channel Future TV through their Future Media. A channel dedicate for advertisers for its stores.Nice conept.
No doubt that it has got the biggest real estate in hand and its real estate venture Ksthitij is doing quite well.
Next stock in my watch list is Spicejet(Airlines)..Cash-rich company..funding by FIIs..High chances of someone taking it over in time to come.After the mergers/alliances in airline industry, this has been a hot pick.Tata's has already picked up 10% stake in it some months ago.And news say Ryanair is also eyeing a stake in Spicejet now apart from Kingfisher and Jet Airways.Spicejet would be a niceway to enter the high -growth Indian market.Think of Vodafone-Hutch.
Happy Investing!!Rather I would say Happy Selling and Consolidating