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...
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