Building Up A Portfolio At A 7000 Level

[supratik]

Another counter I would like to add is Dredging Corporation.

The counter would be good around 555-560 level.

Even during the correction phase it stabilised at 550 level. I would recommend a buy on this counter. Once above 585-590, it would rally to a 635-660 level.

Thanks and Regards

 

[ssnkumar]

Hi Supratik,

Can you please tell me your views on IDFC, Hindalco and Uniplex?

Do these companies have good fundamentals and is it good for long term?

Regards,
Narendra

 

[cool_rk]

Could any body suggest me on NIIT TECH (@175), IND NIPPON(@305) , REVATHI EQUIP(@710) , RAINCACLIN(@42), JK PAPER(@77), ORCHID CHEM(@252)?

i have these at the cmp mentioned above

 

[supratik]

I would say Hindalco and IDFC would definitely be a long term play. You can hold them. These are counters that you could accumulate, perhaps instead of dumping your money in banks.

A similar counter would be NTPC.

You generally would never see a drop in their price even if their operating profits decrease solely because hardly their total assets are touched by the drop in sensex or fall in their quarter results. These are companies with great fundamentals and they will not wipe out your investments.

Also such counters can be confidently averaged out at lower rates.

I dont have any opinion on Uniplex.

Thanks and Regards

 

[nkpanjiyar]

Hi All,

Two counters that you could buy in this correction.

1> Era Construction
2> GTC India

They will give considerable returns after this correction. CMP of 143 and 119 respectively.

Targets would be 200 for both.

Thanks and Regards

Supratik, is it GTC Industries Ltd or GTC India. I am not finding GTC India stock in ICICI stock code but GTC Industries Ltd with code GTCIND is present. Kindly clarify.
Regards,
nkpanjiyar

 

[nilotpalbcet]

Okay back to penny counter,

Do not miss this one.

Pentium Infotech(532117) - 3 rs. quoting at Rs.3/ it has registered a turnover of Rs.185 crore (unbeliveable) for the last quarter.

Thanks and Regards

Hi Supratik,

Pentium is trading @1.91. What do u see for this stock in the near future?
Pls advice.

Nilotpal

 

[dinkerj]

Hi Supratik,
I have observed that record date of 1:10 split is 28/09/05 (NSE India website). But no delivery start/end date is 21/09-27/09.
What does it mean? If I buy a share today, can i get the bonus share/split share?

Info pasted below (from nseindia.)

Series Record Date BC Start Date BC End Date Ex Date No Delivery Start Date No Delivery End Date Purpose

EQ 28/09/2005 - - 21/09/2005 21/09/2005 27/09/2005 FVSPL RS10TORE1/BONUS1:2
EQ - 20/07/2005 29/07/2005 18/07/2005 - - AGM/DIV.RS.31/- PER SHARE
EQ - 21/07/2004 30/07/2004 19/07/2004 - - AGM/DIVIDEND-200%

 

[Sai]

Hi Supratik,

Pentium is trading @1.91. What do u see for this stock in the near future?
Pls advice.

Nilotpal

Hi Supratik,

Waiting for you guidance on this one.
Thanks in advance

 

[supratik]

Hi All,

You can book short term profits in GTC Industries.

Regarding Pentium Infotech, I would suggest that we have no other option other than to hold on.
We are observing that all penny counters are smashed.
Please hold on and do not average out at any cost right now.

Thanks and Regards

 

[supratik]

Hi All,

My next tip would be on Cromton Greaves and Visual Softwares.

Crompton Greaves Buy at 650 level and target a 750-780 level in a 2 months time.

Visual Softwares Buy at 200 level, Target a 235 level.

No StopLosses recommended currently for either counters

Thanks and Regards