INDIABULLS POWER IPO Price Listing Date IPO Status

INDIABULLS POWER IPO Price Listing Date IPO Status
Indiabulls Power is entering the capital market on 12th October 09, with a public issue of 33.98 crores equity shares of Rs. 10 each, in the price band of Rs. 40 to Rs. 45 per share.
Recent power IPOs have not been very good, like NHPC - still on Rs.33 and Adani Power still at 101,

What are plans from INDIABULLS POWER IPO
has plans of setting up 6,600 MW Power Plants,operational by March 2012,
All the projects has seen financial closure and equity tie up, for its with total capacity,

not advised to subscribe to the shares, beyond Rs. 40, especially for retail investors, it is necessary to be cautious,

in view of Adani Power and NHPC, now available at much better valuations, then this company.

GM bankruptcy A lesson 2 Indian Car Manufacturers

GM has filed for bankruptcy, A lesson to what Indian car manufacturers can avoid doing?

What went wrong with GM?
The company just hoped that it would be able to live forever on its brand loyalty. It felt that people would just keep on buying their same cars even when things all around GM were changing rapidly. Losing sight of what people actually wanted led to this end of an era.
People wanted a car which would give them better mileage and this important indicator, of having more fuel efficient cars was also missed by GM. This is where Toyota gained and GM started losing out.
The designs of GM just simply did not appeal. GM did keep up with new models but with competition from the likes of Honda and Toyota, churning out swanky and better looking cars, the new models of GM just did not find favour. Its Aveo model was a complete failure and its Cobalt, though was doing well was no match for Toyota’s Corolla and Honda’s Civic.
The economic turbulence and then the fall in demand also just added on to the already brimming cup of woes.
Labour cost was almost $2,360 per car, which was $800 more than Ford's and $500 more than Chrysler's.
The biggest lesson for all car makers from this fall of GM – always listen to the dealers. The showrooms are the true indicators of what customers actually want. GM failed to do that.
GM ran the company the in the same way for 70 years, following the same rules laid down in the memo by its founder. Also the arrogance of success was so high, they just failed to adapt to fundamental changes in the industry.
By the time GM realised its follies and started making amends, it was too late and too little. Till then the Japanese had stolen away a considerable market share and the same brand loyalty which GM was harping on about, was now pass. thanks

sscresults at results.sakshi of AP 10th Results 2009

Andhra Pradesh State Board SSC Results 2009 announced today (27-May-09) by 10.45 am. There is lot of rush for those sites, Results will be available on the following sites: I have tried to give direct links for results, good luck to students.

Results direct links from manabadi ssc
SSC results on SMS from manabadi

1. results.manabadi.co.in
2. Indiaresults
3. Bharat student

Results direct links from results.sakshi.com

1. AP SSC REGULAR results 09 results.sakshi.com/textfile/R_PRES91.TXT
2. AP SSC PRIVATE Results results.sakshi.com/textfile/P_PRES9.txt
3. AP OSSC REGULAR results results.sakshi.com/textfile/OS_PRES92.txt
4. AP OSSC PRIVATE results results.sakshi.com/textfile/OS_PRES92.txt

Sakshi Results
Sakshi Results. Ceep 2009 Results · Inter Second Year 2009 Results · Inter First Year 2009 Results. results.sakshi.com

Results direct links from vidyavision.com

1. Andhra Pradesh SSC 2009 Results (General)
2. Andhra Pradesh SSC 2009 Results (Vocational)

Andhra Pradesh Examination Results-Vidyavision.com

Vidyavision.com provides you Andhra Pradesh examination results like SSC Results , Inter Results, MCA Results, ICET Results, MBA Results, EAMCET Results, ...

www.vidyavision.com

Related

• AP SSC results on SMS
• AP results links

related
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Rolta India March 09 Results Analysis

Rolta India posted its financial results for the third quarter ending March 09,
Rs.84.01 crores, forex losses on FCCB of $ 150 million,
Forex losses, upto June 08, have been adjusted against opening revenue reserve. As this loss will get capitalized in case it is used for fixed assets or would get amortized over a period, other expenses for the quarter rose by Rs.11.87 crores, due to this. So net addition to the bottomline for the quarter is at Rs.72.14 crores.
For quarter, total income is placed at Rs.244.68 crores, which is almost equal to its preceding two quarters.

EPS for March 09 quarter is at Rs.9.90 while it is at Rs.16.50 for nine months ending March 09. Hence on expected EPS of Rs.22 for the year, share at Rs.100 is fully priced. thanks

UPPER GANGES KK Birla Group Company Sugar Stock

Upper Ganges, a KK Birla Group company, is the first sugar company having declared its results for the quarter ending March 09. The noteworthy feature about these results are increase in stock of Rs.83.32 crore for the quarter and Rs.25.46 crores for 9 months ending 31-03-09. This means, opening stock of inventory of Rs.215 crores, held by the company as at 01-07-08, largely being sugar, got increased to Rs.240 crores as at 31-03-09. Due to inventory being valued at cost or market price, whichever is lower, there is decrease in quantity of sugar stock held in this period , due to higher cost of production of sugar in this season.
During March 09 quarter, sugar got sold at an average of Rs.2,075 per quintal, while now it is ruling at Rs.2,400 per quintal. So, this increase of 15% would get reflected and realized in the coming quarters on sale of inventory held as at 31-03-09.
one can say that cost of production of sugar is fully met from realization of its by-products. Hence hereon, margin from sugar can be calculated by difference between sugar-cane price and sugar realization.
The company has stopped crushing and in subsequent two quarters, the company will have its income by selling its inventory. In view of sharp realization in sugar, it will have better margins that would get reflected in its financial results. thanks

Bajaj Holdings Debt Free Stock To Invest in

Yesterday, the stock has gained 5.54% and ended the day at its high at Rs.71.40. And this gain is in a market which saw a sell off and it punished even companies which had posted good results.
The company has a net sales of Rs.71 lakhs and on this sales, it continues to have a staggering employee cost of Rs.3.28 crore. It posted an other income of Rs.2.17 crore. In Q2FY09, it posted its best ever PAT of Rs.12.98 crore and this was mainly on account of the interest received on Income-Tax refunds. This was at nil for Q3FY09. Infact it plans to make provision for tax and deferred tax only in Q4. Yet, its net loss for the current third quarter was at Rs.1.10 crore.
There has been talk of Blackstone wanting to buy out the 27% stake held by Western Maharashtra Development Corporation (WMDC) but that has apparently not happened. So why does this stock such a high discounting on the bourses despite the dismal performance?
Another big positive for the company is that it is totally debt-free.
So financially, the company is breaking no records but surely, thanks to its holdings, the valuation goes up tremendously. thanks

HOUSE OF PEARL FASHION Stay Away For Now

House of Pearl Fashions (HOPF) is a ready-to-wear apparel company operating in three distinct business streams: manufacturing, marketing and distribution, and sourcing of garments. Basically, the company is good but right now, the investor perception for the entire textile sector, be it ready made or any apparel company, there are no willing buyers. This can be seen from the listless way in which the stock has been moving in the narrow range of Rs.35-45 since past few days.
This had begun to show in the bottomline of the company and it has got further accentuated during the third quarter performance, For the period ended 31st Dec 2008, the company's net sales were at Rs 11 crore versus Rs 4.34 crore in Q3FY08. Its net profit was at Rs 84 lakh versus Rs 6.5 crore. The company, in its Notes to Accounts has stated that profitability for the quarter was adversely impacted due to due to new ventures which are at the gestation period. The company has not provided for MTM forex losses which it will do so at the end of the year. Over and above all this, the global slowdown.
The stock touched a new low at 36 on 5th March 2009 but it recovered a bit on news that its subsidiary in Bangladesh is in the process of restructuring its business.
No major news are expected in this stock. Best to avoid this out-of-fashion stock. thanks

Assam Company A Penny Trading Stock

Assam Company is in the business of cultivation, manufacture and sale of tea. It is also engaged in the business of oil and gas exploration. The stock, on the bourses is considered mainly as a low priced speculative stock, allowing the investors to trade in a stock which is quoted even below its face value of Rs.10 per share. Currently quoted at levels of Rs.6, it is unbelievable that during the boom time, it had managed to touch a new high at Rs.40.
Its MTM forex loss for the year stood at Rs.45.33 crore, arising on account of outstanding FCCB Loan of US$ 44.70 million.

The seasonal cycle indicates that the fourth quarter is usually its best but this time, it posted a net loss during the fourth quarter. A purely “penny” trading stock and that too in the range of Rs.3-5.thanks

GIP Gontermann Peipers India Ltd Results

Gontermann Peipers India Ltd (GIP) The financial performance of the company had not been too encouraging for the second quarter and as predicted, it got only worse for the third quarter ended 31st Dec 2008. YoY, sales dipped 27%. When the beginning was bad, the ending had to suffer. It ended the quarter with a net loss of Rs.1.08 crore. OPM more than halved from 23% in Q3FY08 to around 7% in Q3FY09.

Apart from the slowdown, what really made matters worse was the minor fire that occurred in the Melting & Foundry Division of the factory on November 28, 2008 and it reopened on 1st Dec 2008. Operations were partially affected and though the company has adequate insurance cover, the loss on account of production was higher.

A low priced stock, there does not seem to be any reason for any immediate spurt which one can expect in the stock price. Does not enjoy any investor following too. thanks

Cipla Results Analysis A Pharma Stock

For the third quarter ended 31st Dec 2008, the reduction in operating costs, helped the company post a better performance. The reduction in costs was also on account of the depreciating rupee which improved on account of the improved exports. Exports are booked at prevailing rates and hence the company stood to benefit.
OPM for Q3FY09 was at 23.42% compared to 16.82% in QoQ and 25.94% on a YoY. NPM was up at 16.65% compared to 11.18% on a QoQ and it came down from 19.07% on a YoY.
Cipla has formed two new partnerships in US and Canada. It has two drug launches on anvil – budesonide inhalers in Germany and Portugal and salbutamol MDI in Denmark and Portugal. Cipla has one of the widest product ranges, with a presence in about 65 therapeutic categories.
Currently, like many other Indian pharma companies, Cipla’s consignment too has been caught. Cipla’s export consignment to Peru was seized at Amsterdam in early Feb 2009. This has been valued at around US$30,000 and the company blames this on the conspiracy of the Big Pharma, to ensure that Cipla’s generics drug does not reach the markets. One does not know the truth behind the allegations but this is a real problem which Cipla and many others are currently facing abroad.
The company is expected to show pressure in the current quarter and one has to wait and see what impact the depreciating rupee would have on the margins. thanks

ASIAN PAINTS Robust Growth in Slowdown also

Now this is one company which is remains affected by the biggest slowdowns in two sectors – realty and automobile. With both the sectors being its main consumer and with both having slowed down, naturally, the going looks grim for Asian Paints. Its other main revenue earner.
In the third quarter ended 31st Dec 2008, though the company showed a robust growth in revenue, the bottomline was affected due to rising raw material costs. On a consolidated basis, PAT declined 50.35% to Rs 59.02 crore while net sales rose 12.17% to Rs 1321 crore.
25% of its revenue came from the international markets, especially the Middle East. But with the slowdown in those regions too and construction activities coming to a virtual standstill, this pie from exports could also take a hit in Q4 of the current fiscal.
Quoted at Rs.726, Asian Paints is also feeling the pains of the slowdown. thanks

BHARTI AIRTEL Remains Major Telecom Stock Stay invested

With some negative news from the market as CEO and Jt MD Manoj Kohli of Bharti Airtel sold off his entire holding of 1.23 lakh shares for over Rs 7.2 crore there was major sell off for this share. For Q3FY09, the company posted a total Revenues of Rs. 9,633 crore (up 38% Y-o-Y). Its EBITDA stood at Rs. 3,945 crore (up 33% Y-o-Y). Its cash Profit was at Rs. 3,755 crore (up 30% Y-o-Y). Its net profit for the quarter rose 38.34% at Rs 1,976.41 crore.
BHARTI AIRTEL overall customer base as at 31st Dec 2008 was at 8.83 crore. And during Q3FY09 it made the highest ever-net addition of 82.82 lakh customers in a single quarter. Clearly, telecom is one sector which is showing no signs of a slowdown. Its market share now stands at 24.7% of all India wireless subscribers at 24.7%.
Bharti’s strength remains its reach into remotest of the villages, which now stands at over 4 lakh villages. It also launched its services in Sri Lanka and in a few years, hopes to become a market leader there too.
Final note: Bharti Airtel is doing well and with the Indian telecom growth story still intact and the rural markets now witnessing a strong uptake, given the company’s network, distribution and brand strength, its best to stay invested. Thanks

SATYAM STAKE SALE Bidding Guidelines Summary

SATYAM STAKE SALE, The good news for the day was Satyam getting the green signal from SEBI for inducting a strategic partner through sale of 51% m via a global bidding process. Expression of Interest from qualified investors will be invited shortly.
A quick glance at the fine print of the guidelines

1. Satyam will issue fresh equity of 31% to the investor. Remaining 20% would be made through an open offer at the same share price as the price paid by the investor for the subscription.
2. Second preferential allotment allowed if bidder fails in first attempt to acquire 51% but this would not be thro’ an open offer. The investor would have a lock-in of 3 years from the date of the acquisition, though there is no restriction on subscription to additional equity shares.
3. Qualified investors who bid should have total net assets in excess of US$150 million.
4. SEBI has exempted Satyam from the normal rules.
5. International bidding process to be followed.
6. The process of selection of a strategic investor will be overseen by a retired judge of the Supreme Court or former Chief Justice of India.

Since the stake sale of Satyam is being made by preferential issue route, it may see a bidding of upto Rs.100 per share. A potential acquirer, may have to shell out another Rs.1,800 crore to make an open offer for 20% shares, being 18.20 crore of the expanded equity of 91 crore shares, at about Rs.100 per share. So a potential acquirer must have financial ability to contribute close to Rs.4,000 crore for acquiring an effective control of Satyam. thanks

RIL RPL Merger Details Study

The merger between Reliance Industries and Reliance Petroleum will give the benefit of combined operating profitability to the merged entity, while tax benefits through depreciation would be minimal as the two units will maintain independent accounts. Board of Reliance Industries Ltd (RIL) and Reliance Petroleum Ltd (RPL) are meeting on 2nd March 2009 to consider and recommend amalgamation of RPL with RIL.
1) Merger is likely to be effective from 1st April, 2009:
2) This merger is mainly to achieve scale and operational synergy:
3) This merger is not to avail any tax benefits of RPL as this will be tax-neutral:
4) Some section of the media is arguing that merger is mooted with a view to set-off the expected losses of RPL having arisen on inventory.
5) The merger ratio is likely to be loaded in favour in RIL than RPL:
6) RIL will buy 5% stake of Chevron, being 22.5 crore shares, at Rs. 60 per share, for Rs. 1,350 crores. Due to this, RIL holding in RPL will rise to 75.38%.
Swap ratio is likely to be 1:22 of RIL to RPL, considering extinguishment of RIL stake in RPL. If stake is not extinguished, swap ratio could be 1:20.
Based on the closing market price of 27th February, the swap ratio works out at 1:17:
RIL is likely to have a networth of Rs. 1,09,000 crore as at 31st March 2009:
thanks ril rpl, business standard, moneycontrol, ril, rpl
The merger between RIL and RPL will bring down the shareholding of promoters in the combined entity to 47% from 49%, while the retail shareholding will go up to 19% from 16.1%.
The RIL board which approved the merger on Monday, said it will issue 6.92 crore equity shares to RPL shareholders, which will increase the equity capital to Rs 1,643 crore. “The merger will reduce the earning volatility of RPL shareholders and allow them to participate in the full energy value chain of RIL,” reports ET.

KOHINOOR FOODS Best is Wait and Watch

This is one stock which has been in the news for some time now. The stock has been witnessing a lot of buying. The reason being Temptation Foods announcing that it has acquired a 11.83% stake in the company. But the shareholding pattern as on 31st Dec shows the holding of Temptation Foods at 2.28%, this has come down from 5.02% it held as on Q2FY09. And the management in a television interview also clarified that it has no intentions of selling even one percent stake in the company. So that mystery continues.
Kohinoor Foods is engaged in selling rice under its flagship brand, Kohinoor, along with other brands like Trophy, Falcon and Charminar. It launched Kohinoor brand of ready-to-eat food in 2004. In Dec 2008, it tied up with Target Corporation, USA for supplying Indian food products. Being in branded foods, its margins are high. The previous quarters of current fiscal reflects the high prices of commodities, which directly affects the working capital requirements and that in turn, has been reflected in the financials of the company.
But financially, Kohinoor seems to be under pressure. For the third quarter ended 31st Dec 2008, the company showed a decline in topline on a YoY and it posted a net loss at Rs.3.56 crore as against Rs.8.29 crore net profit it posted in Q3FY08.
At this juncture, too many speculative forces are at work on the stock. Best to stay away until a clearer picture emerges. thanks

GLAXO SMITHKLINE Good PHARMA Stock To Invest

Why GLAXO SMITHKLINE Good PHARMA Stock To Invest?

1. The Indian subsidiary of the world’s second largest drug maker GlaxoSmithKline Plc., Glaxo SmithKline.
2. GLAXO SMITHKLINE or GSK Ltd has posted a flat set of results 5.28% growth in net sales at Rs1,660.41 crore for the full year.
3. GSK Ltd launched patented cancer drug Tykerb and cardiac drug Olmesarten through a licensing deal with Japan’s Daiichi Sankyo Co. Ltd, and anti-fungal drug Micafungin.
4. The company also plans to launch at least four new products in the coming months, which will also include Cervarix, the company’s much touted cervical cancer vaccine. By 2010, it also plans to launch Streptococcus pneumonia vaccine.
5. The company is now scouting for acquisitions in the domestic market to consolidate its Indian business. It has a cash balance of Rs.1500 crore which it plans to utilize for this acquisition.
6. Conclusion

GSK Ltd is the largest multinational drug player operating in the Indian market and best to stay invested with this stock for the long run. Thanks

KEC INTERNATIONAL

KEC INTERNATIONAL Has the power
A part of the RPG group, KEC International, a leader in power transmission, engineering, procurement and construction (EPC) business, the stock was in the limelight yesterday on the back of having received huge orders.
The company won an order worth Rs 255 crore for rural electrification from West Bengal State Electricity Distribution Company and another worth Rs 67 crore from Power Grid Corp. It also won a third order worth Rs 43 crore for a turnkey transmission project from Transmission Corporation of Andhra Pradesh.
For the third quarter ended December 31, 2008 it posted a revenue of Rs.886.31 crore as against Rs 708.91 crore during the corresponding period last year, a growth of 25%. During the quarter, the operating margin of the company declined to 8.21% compared with the previous year period. Interest cost increased 67.06% to Rs.29.72 crore while depreciation cost rose 4.82%. Net profit for the third quarter was at Rs.24.97 crore, down 52% on a YoY.
KEC is expected to end FY09 on a robust note. Best to stay invested. thanks

ALLCARGO GLOBAL No SlowDown Here

The company has a unique business model plus presence across major ports in India which places it in a better position to tide over the challenge. Also in its Container Freight Station (CFS) business, where revenue is earned for storing the goods in their premises, prior to customs clearances; due to the slowdown, it’s now being stored for longer periods of time and that in turn means more CFS revenue.
Another positive for the company is that Blackstone has a stake in the company and that means the company has direct access to PE funding when in need and that’s a big plus in today’s time.
The company has posted good results for the year ended 31st Dec 2008. Net sales was up 43% at Rs.516.54 crore and despite a surge in operating expenses, depreciation outgo, taxation and interest outgo which rose from Rs.2.09 crore in Dec 07’ to Rs.12.71 crore in Dec 08’. Net profit was up 62% at Rs.96.70 crore.
CFS income for the year ended Dec 08’ was at Rs.148.31 crore, Multimodal Transport Operation (MTO) segment revenue was at Rs.338.46 crore and revenue from equipment hiring was at Rs.44.27 crore. The company has a good leadership in domestic LCL (less-than-container load) segment and given the shift from air cargo to ship, Allcargo will stand to benefit. The company has a significant presence in iJNPT, Chennai and Mundra ports. It has already expanded its Chennai CFS capacity from 50,000 TEUs to 84,000 TEUs. thanks

POWER TRADING CORPORATION PTC india A power Stock

POWER TRADING CORPORATION recognized as PTC India, the stock had built up positions in anticipation of major sops coming in for the power sector in the interim budget. But as that did not happen, the stock yesterday lost over 4%.
Net income for Q3 FY 2008-09 was at Rs. 2117.04 crore, up 4% on a QoQ and by a whopping 188%on a YoY. What is very good about the company is that it has a very low interest outgo vis-à-vis the size of its operations. For the quarter it was at Rs.71 lakhs which in Q3FY08 was at Rs.62 lakhs. Net profit was at Rs.23.68 crore, down 28% on a QoQ while up it was up almost four times on a YoY.
What is not-so-good about the company is the low margin. It almost always manages to have an OPM in the range of 1.4-.1.6% range while NPM is also above one percent but within two percent. It was only during March 2008 quarter that it posted its highest ever OPM, which was above 4% and NPM was above 3%.
PTC facilitated a banking transaction for the first time between NDPL (North Delhi Power Limited) and JVVNL (Jaipur Vidyut Vitran Nigam Limited) for 108.29 MU. Under an MOU between PTC and BEE, PTC has initiated energy efficiency projects, particularly the government buildings such as Presidential Estate and AIIMS among others, through performance contract model.
PTC Energy Limited and Barak Power Limited were incorporated as wholly owned subsidiary and 50:50 JV. It also commenced supply of 20 MW firm power to Nepal under a commercial arrangement.
The company is sure to end FY09 on a very high note compared to FY08 and that could see some major price movement in March 09’. thanks

Interim Budget Highlights Union Budget 2009 10

This interim budget was more about winning the vote bank and not about the economy. The market, as expected was badly disappointed, ndtv, union budget 2009, union budget 2009 10, interim budget highlights, interim budget

Now the market will once again look at global cues for a sense of direction and maybe it will keep expectations running high for a third economic stimulus or a reduction in interest rates by RBI. For the next three months, this damp squib of interim budget means that India would have to live with nothing really to expect and that too in an extremely hostile global environment.
WHAT DID IT HAVE FOR THE MARKET?
ndtv, union budget 2009 10, india budget 2009 10, indian budget 2009 10, india budget
Ø Nothing, zilch! The BSE increased its speed of fall and was down 277 points as soon as the Budget was over.

Ø No tax changes, no sops for any of the beleaguered industries

Ø Interest subvention for some export loans extended

Ø Sunset clause for gems & jewellery, handicrafts and textiles extended.



THE ECONOMIC NUMBER CRUNCH

Ø FY10 budget revenue deficit seen at 4% and fiscal deficit at 5.5%

Ø FY09 fiscal deficit seen at 6% of GDP v/s estimate of 2.5%

Ø FY09 Revenue deficit of 4.4% of GDP v/s estimate of 1%

Ø Revised estimates of tax collection at Rs 6.25 lakh crore

Ø Revised estimates of spending has gone up from Rs 7.5 lakh crore to 9.9 lakh crore

Ø Allocation of Rs.40,900 crore for Bharat Nirman


THE REPORT CARD

Ø GDP growth rate of 7.1% makes India the second fastest growing country in the world

Ø The GDP went from 7.5% in 04-05 to 9.7% in 06-07 and clocked 9% in 08

Ø IIFCL can raise Rs 10,000 crore; nod for additional Rs 30,000 crore

Ø 54 infra projects cleared under PPP projects with an investment of Rs 67,700 crore

Ø Plan allocation to agri increased 300 pc during the UPA regime

Ø Rs 65,300 crore in loans waived for farmers in FY 08-09, covering 36 million

Ø Fertiliser subsidy has gone up to Rs 4,4863 crore in FY 08

Ø FDI inflow of $23.3 bn between April and Nov 08



WITH AN EYE ON THE VOTE BANK

Ø New scheme for young widows in the age group of 18 to 40 unveiled; will get priority in admission to ITIs and a stipend of Rs 500 per month

Ø 109 maiden vessels sanctioned for customs department

Ø Rural jobs scheme to get Rs 30100 crore in FY 09-10

Ø Mid day meal scheme to get Rs 8000 crore

Ø Govt to continue to provide interest subsidy to farmers in FY 10

Ø Outlay on higher education has been increased 900% in the 11th five year plan

Ø Rs 6705 crore in child development schemes
thanks Really relax now..