Japan has committed ~ Rs 2,557 cr (Yen 46.401 bn) under the first batch of FY2010 Japan’s Official Development Loan Assistance (ODA) package to fund 3 projects in India in the agriculture, forestry and the environment sectors.The consumer-price index in the US advanced 0.4 percent for a second month in January as the rising global...
Friday, February 18, 2011
Thursday, February 17, 2011
Tide Water Oil Compan
Tide Water Oil Company (India) Ltd (TWOC)BuyTarget Price: Rs. 9600CMP: Rs. 6550Upside: 47% Solid Growth, Great Value Investment arguments Led by strong growth with a strong Balance Sheet:Tide Water Oil Co. (TWOC) has posted 11 fold jump in EBITDA from Rs.8.1 cr to 89.7 cr during the five year period FY2005-FY2010 while its net...
Lakshmi Vilas Bank
Lakshmi Vilas Bank (LVB)BuyTarget Price: Rs. 140CMP: Rs. 101.4Upside: 38% Focus on consistent growth and improving asset qualityInvestment arguments Initiatives of the new management expected to provide growth momentumLakshmi Vilas Bank (LVB) was incorporated in 1926 and has operations largely in the southern states of India. In...
US Stocks
Economic Developments:US Stocks rose to a 32- month high for the S & P Index which closed up 0.6% at 1,336, on account of improving earnings from companies and a more optimistic outlook from the Federal Reserve as per minutes of its meeting on January 25 released yesterday.The Comprehensive Economic Partnership Agreement (CEPA)...
US Stocks saw a decline
US Stocks saw a decline, with the Standard & Poor’s 500 Index closing down 0.3% at 1,328. This was due to retail sales grew at a 0.3% increase in January 2011 (less than economists’ estimates) as compared to 0.5% increase in December 2010 and prices of imported goods climbing.Japanese stocks rose for the eighth day, after brokerages...
Saturday, June 26, 2010
Asian stocks fell, dragging the MSCI Asia Pacific Index lower for the third time in four days
The yuan headed for its biggest weekly gain since December 2008 as China set the currency’s daily reference rate at a record high against the dollar, allowing appreciation before the G- 20 meeting tomorrow. Taiwan’s central bank unexpectedly raised its benchmark interest rate for the first time since 2008, joining Asian policy...
Most Asian stocks rose
Most Asian stocks rose as material companies jumped following Australian Prime Minister Kevin Rudd’s resignation over his proposed tax on mining. Japanese exporters fell on a slump in U.S. housing sales. The dollar declined to a six-week low against the pound as traders increased bets the Federal Reserve will keep interest rates...
Asian stocks fell, dragging the MSCI Asia Pacific Index to its biggest drop in two weeks
The euro declined to a one-week low against the yen on concern that European banks will incur rising loan losses from the region’s debt crisis, hampering the worldwide economic recovery. China’s yuan held this week’s gains against the dollar, even as Asian currencies dropped, on speculation that China’s central bank is allowing...
Asian stocks fell for the first time in nine days after Fitch Ratings
The Chinese yuan weakened 0.24 percent, the biggest decline since December 2008, after the central bank sought more flexibility in the currency. The yen traded near a one-week high against the euro on speculation that European banks will struggle to raise money amid the debt crisis, supporting demand for Japan’s currency as a refuge.The...
Thursday, May 20, 2010
BULL’s EYE – INDUSIND BANK LIMITED
The present price is Rs.198. The returns from the present price is 26% Incorporated in the year 1994, IndusInd Bank is amongst the leading private sector banks in the country. The Bank has a network of 210 branches and 497 ATMs spread over 168 cities across the country. The Bank also has representative offices in Dubai and London....
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