Stock moves last week of June 2007

The BSE index ended up 145.94 points at 14,650.51. This was the index's highest close since Feb 8 -- the day before it hit its life high of 14,723.88.

Inflation 4.03.

SBI's chairman said a share sale was planned for this year.SBI ended up 3.7 percent at a record close of 1,525.30.

STOCKS THAT MOVED:

* Motorbike maker TVS Motor Co. fell 5.7 percent to 60.90 rupees, a two-month closing low, after its net profit
fell 69 percent in the March quarter.

* State-run lender IDBI Ltd. gained 5.3 percent to 118.65 rupees after it sold a 2 percent stake in the National Stock Exchange of India Ltd. to MS Strategic (Mauritius) Ltd. for $50 million.

* Regional language broadcaster Sun TV Ltd.  rose 4.4 percent to 1,595.10 rupees after its net profit quadrupled
in the March quarter from a year ago. 

MAIN TOP 3 BY VOLUME

* Reliance Natural Resources Ltd. on 26.2 million shares.

* IFCI Ltd. on 12.8 million shares.

* Tata Teleservices (Maharashtra) Ltd. on 9.4 million shares.

REI Agro Ltd. shot up 16 percent to a new high of 237.70 rupees after the rice processing firm said it would spin off rice, power and retail units into three separate entities. The company also more than doubled its March-quarter net profit to 296.50 million rupees. The stock eased to 228.75 rupees, still up 11.7 percent.

Kesoram Industries Ltd. stretched gains to touch a high of 461 rupees after the diversified firm's director said the company would spend 12 billion rupees in 2007/08 to set up tyre and cement plants.

Packaging materials maker Radha Madhav Corp. Ltd. fell 5 percent, the maximum daily limit, to 64.80 rupees after it reported net loss of 8.64 million rupees for March quarter against a net profit of 15.85 rupees a year ago.

Plastics maker Lanxess ABS Ltd. touched a new high of 208.85 rupees on expectation of an open offer after UK's Ineos group agreed to buy out the stake of the company's founders for an undisclosed amount. The stock was trading at 198 rupees, up 3 percent.

Tantia Constructions Ltd. extended gains to peak at 122.95 rupees, up 6.8 percent, after the company said it had secured construction projects worth 1.84 billion rupees in June. Tantia was up 4.26 percent at 120 rupees.

Nirma Ltd. touched a low of 181 rupees after the soaps and detergents maker posted an unaudited net loss of 934.5 million rupees for the March quarter. For the year-ago quarter, the company had reported a net profit of 951.7 million rupees on an unaudited basis

Kesoram Industries Ltd. jumped 10.5 percent to 448 rupees after media reports the firm was to be given to Aditya Birla group head Kumar Mangalam Birla by the chairman of the B K Birla group, Basant Kumar Birla. The latter altered his succession plan to give the company to the Aditya Birla group head.

Jai Parabolic Springs Ltd.rose by its maximum daily limit of 5 percent to 29.50 rupees ahead of its decision to merge with Jamna Auto Industries Ltd. and issue of one Jamna share for every two shares in the company. Jamna Auto shares were also up 5 percent at 46.10 rupees.

MSK Projects (India) Ltd.rose 4.7 percent to a high of 72.95 rupees after the construction firm said it secured a civil works order worth 231.2 million rupees for Bina refinery project in Gujarat. The shares are up 3.95 percent at 72.45 rupees.

IFCI Ltd.touched a new high of 52.20 rupees after the Reserve Bank of India allowed foreign investors to purchase shares in the company as such holdings had gone below the caution limit. The shares were trading nearly 4 percent higher at 51.90 rupees.

Motor Industries Co. Ltd.was down 4.5 percent at 4,474 rupees after its parent Robert Bosch GmBH raised the open offer price by 15 percent tp 4,600 rupees a share. Brokers said the market had expected the price to be raised to at least 5,000 rupees per share.

FDC Ltd. slipped 4.7 percent to 32.75 rupees after the drug maker posted a 43 percent fall in its Jan-March net profit to 43.2 million rupees.

Avon Organics Ltd. shares jumped 13.5 percent to 18.50 rupees after its plant in Maharashtra state got the U.S. Food and Drug Administration approval to make decongestant pseudoephedrine.

NIIT Ltd.  touched a new high of 1,034.90 rupees after the company said it had tied up with Intel Corp. (INTC.O: Quote) to develop multi-core training curriculum, which brokers said, was likely to impact its revenues positively. The stock was trading at 1,013.50 rupees, up 7.4 percent.

Shares in Shree Ashtavinayak Cine Vision Ltd. extended gains after it said its board would meet on July 2 to consider raising $50 million through qualified institutional placements, convertible bonds or depositary receipts. The stock was up 3.4 percent at 272.45 rupees.

Drug maker Natco Pharma Ltd. touched a high of 149.90 rupees after it got the U.S. Food and Drug Administration approval to market its ondansetron hydrochloride tablets in in the United States. The shares were trading up 8 percent at 149.50 rupees.

Auto parts maker Gabriel India Ltd.rose 4.4 percent to 27.45 rupees after it said it plans to close its loss-making plant in Noida, near Delhi.

Liquor maker Dollex Industries Ltd. extended gains to hit a high of 142.05 rupees after the company said it had secured an order from Africa worth $5 million. The stock rose by its maximum daily limit of 5 percent.

Pratibha Industries Ltd. rose to a high of 240.50 rupees after the construction firm said it had secured a contract worth 264.4 million rupees. The stock was trading at 238.50 rupees, up 2.5 percent.

Hindustan Motors Ltd.rose 2.3 percent to 31.65 rupees after it said it planned to introduce a new vehicle in India with Japanese automaker Mitsubshi Motor Corp

Source: www.reuters.co.in

Results-NSE Stock Prediction Contest 7

The Results of stock prediction contest for the last week June 18 to June 22 is here
Himanshu is the winner with Time Technoplast 25.53% return(LTP 594.25).
The BSE Sensex gained 304.66 points during the week and ended at 14467.37 while the broad based NSE Nifty gained 80.65 points to end at 4252.05.

Check out past results of the weekly stock prediction contest.Indian Stock Prediction Contests
To Predict for next contest which is live on weekends visit here

STOCKS THAT MOVED June 22

* Electrical products maker Indo Asian Fusegear Ltd. gained 1.2 percent after it said its board would meet to consider raising up to $50 million through various means.
* Pipe maker Finolex Industries Ltd. was up 2.3 percent after a newspaper said it was close to signing a pact with Tishman Speyer India Ventures for sale of land.

MAIN TOP 3 BY VOLUME:

* Reliance Natural Resources on trade of 10.9 million shares.
* IDBI Ltd. on 8 million shares.
* Tata Consultancy Services Ltd. on 4.9 million shares.

NSE index fell 0.36 percent to 4,252.05 points

STOCKS THAT MOVED June 19

* Petron Engineering Construction Ltd. gained 20 percent to 227.15 rupees on expectation of a strong open offer price by Kazakhstan-based KazStroy Services. Earlier, the firm said its promoters had agreed to sell their controlling stake for an undisclosed sum.
* Back office services firm HTMT Global Solutions Ltd., which was spun off from Hinduja TMT Ltd., ended at 583 rupees on its stock market debut, listing at 749.90 rupees, compared to a book value of 231.45 rupees per share.
* Ceramic tiles maker Decolight Ceramics Ltd. ended at 44.50 rupees on debut against an offer price of 54 rupees a share.

TOP 3 BY VOLUME

* Decolight Ceramics Ltd. on 15.9 million shares.
* IKF Technologies Ltd. on 11.5 million shares.
* GV Films Ltd. 7.8 million shares.


The 50-issue Nifty ended 1.62 percent higher at 4,214.30, a two-week closing high. It hit an all-time high of 4,362.95 on June 4.

STOCKS THAT MOVED June 18

* Pig-iron supplier Visa Steel Ltd. rose nearly 5 percent to 34.45 rupeesafter a top official said China's Baoshan Iron and Steel Co. Ltd.(BaoSteel) had approached the company for a possible tie-up.
* Sparsh BPO Services Ltd. slipped 1.8 percent to 204 rupees afterU.S.-based Blackstone Group offered to buy an additional 20 percent in thecompany at 200 rupees a share. Parent Intelenet, being acquired byBlackstone for an undisclosed sum, holds 51 percent in the firm.
* Geodesic Information Systems Ltd. ended 10 percent up at 274.50 rupeesafter the software firm's board approved issuing one bonus share for everytwo shares held and raising $150 million overseas.
* Cranes Software International Ltd. rose 4.3 percent to 132.90 rupeesafter the software products maker said it would spend 700 million rupeesto acquire U.S.-based Dunn Solutions Group and Tilak Autotech Pvt Ltd.

TOP 3 BY VOLUME

* IKF Technologies Ltd. on 18.9 million shares
* Glory Polyfilms Ltd. on 15.7 million shares
* IFCI Ltd. on 15.5 million shares

NSE Stock Prediction Contest 6 Results

The Results of stock prediction contest for the last week June 11 to June 15 is here.
Prasanth R Krishnan is the winner this week. His prediction SAIL shot up 8.7%

The Bombay Stock Exchange (BSE) 30-scrip Sensex rose by 98.90 points or 0.7 per cent to settle at 14162.71 in the week.

Check out past results of the weekly stock prediction contest.
Indian Stock Prediction Contests

To Predict for next contest which is live on weekends visit here

Stocks that Moved on June 13

The 50-share NSE index closed 1.01 percent down at 4,113.05, its lowest close since May 11. The benchmark BSE 30-share index fell 127.92 points to end at 14,003.03 points, its lowest close since May 15, with 21 components losing ground.

* Debutant Time Technoplast Ltd. closed at 480.35 rupees, well above its offer price of 315 rupees a share.

* Sical Logistics Ltd. rose 5 percent to 258.30 rupees after its board approved raising up to 1.03 billion rupees through a share issue to Credit Suisse Singapore and Macquarie Bank.

* Simplex Infrastructures Ltd. jumped 10 percent to 367.15 rupees after the construction firm said it had secured two overseas orders worth 10.07 billion rupees.

* IMP Powers Ltd. rose 4.4 percent to 127.65 rupees after the electrical equipment maker said it had received a $1 million export order from Zambia for power transformers.

MAIN TOP THREE BY VOLUME:

* Time Technoplast on 13.3 million shares.

* G.V. Films on 8.1 million shares

* IFCI Ltd. on 6.7 million shares

STOCKS ON THE MOVE June 12

* Larsen & Toubro Ltd. gained 0.7 percent to 1,903.55 rupees after the firm won orders worth $243 million from state-run firms Oil & Natural Gas Corp. and Steel Authority.
* Compuage Infocom Ltd. jumped 9.9 percent to 19.40 rupees after a block deal was struck for 900,000 shares, or 7.2 percent of stockholding, at 17.60 rupees.
* Escorts Ltd. rose 3.6 percent to 113.50 rupees after the Reserve Bank of India allowed foreign funds to resume buying up to 49 percent of the company's shares.

MAIN TOP THREE BY VOLUME

* G.V. Films on 5.8 million shares
* Reliance Natural Resources on 3.7 million shares
* IFCI Ltd. on 2.2 million shares

STOCKS ON THE MOVE June 11

* Shares in Glenmark Pharmaceuticals Ltd. were up 3.5 percent at 699 rupees after the drug maker said its board had approved splitting each of its shares into two.
* MSK Projects India Ltd. jumped 7.8 percent after the construction firm won an order worth 348.8 million rupees from Bharat Oman Refineries Ltd.
* Carborundum Universal Ltd. rose 4.2 percent after the abrasives maker said it had signed a deal to acquire 84.14 percent of Russia's Volzhsky Abrasives Works for an undisclosed sum.

MAIN TOP THREE BY VOLUME

* IFCI Ltd. on 3 million shares
* Dena Bank on 2.4 million shares
* Reliance Natural Resources 2.2 million shares

NSE Stock Prediction Contest 5 Results

Congrats to Krishn and Abhishek , the winners of this week. They predicted SREI Infrastructure Finance Ltd.

SREI Infrastructure Finance Ltd. rose 20 percent to 71.80 rupees after the financial services firm said it had formed an equal joint venture with a unit of France's BNP Paribas for infrastructure equipment financing.(Date - 31-05-2007)

Analyst's Profile Analyst's Call June4 June8 %wise krishn seri infrastructure fin. 86.3 102.5 18.77% abhishek seri infrastructure fin. 86.3 102.5 18.77% vineet financial technologies 2334.7 2710.65 16.10% SRINATH K A Rain Calcining 35.5 41.15 15.92% SANKET Rain Calcining 35.5 41.15 15.92% ankit swan mills 70.2 78.1 11.25% sushma Punj Lloyd 221 239.9 8.55% Justin AUROBHINDO 698.95 758.1 8.46% Nishant Praj 492.1 523.05 6.29% Siddhartha GTL 210.95 221.2 4.86% Bharat GTL 210.95 221.2 4.86% Intra-Digi GTL 210.95 221.2 4.86% Siva Mindtree 770.75 798.8 3.64% R@HuL Helios and Matheson 170.5 175.6 2.99% Dr.Manoj Kovai Medical 66.05 68 2.95% Herin sbi 1665 1695 1.80% gam hi gam Bharat Bijlee 1918.75 1952.8 1.77% Anindya GMR Infra 500 508.25 1.65% ankit RCOM 506.25 514.4 1.61%

sandeep Hind zinc 647.8 656.55 1.35% karan Renuka Sugar 639 646.4 1.16% Chirag Renuka Sugar 639 646.4 1.16% Vivek Fortis 87.8 88.65 0.97% DiGital Fortis 87.8 88.65 0.97% prabhakant Diana Tea 16.35 16.5 0.92% Manish TV18 836.75 842.1 0.64% Rajneesh Infy 1938.55 1950.85 0.63% Venky's blog Infy 1938.55 1950.85 0.63% prajith Wipro 544.25 547.6 0.62% Ibrahim kirloskar brothers 363.5 365.15 0.45% Varun Indorama 50.05 50.05 0.00% Nayan TECM 1505.95 1503.25 -0.18% alvin Bluestar 231.7 230.4 -0.56% husain Petronet LNG 55.75 55.4 -0.63% unmesh Wyeth 540 534.95 -0.94% Harinder RPL 99.2 97.75 -1.46% Anand JHS Oral Care 36.65 36.05 -1.64% Amit khoday india limited 54.95 54 -1.73% Tahir the stars, Patel Engg. 416.45 408.9 -1.81%

NABARUN Kotak Bank 582.1 570.7 -1.96% NIPUN India Infoline 637.95 623.6 -2.25% jignesh Shriram Transport Fin. 219.65 214.65 -2.28% DHANESH Shriram Transport Fin. 219.65 214.65 -2.28% Anand Arvind Mills 45.85 44.5 -2.94% Prasanth Guj NRE Coke 60.2 58.2 -3.32% Jaspreet Gujrat NRE coke 60.2 58.2 -3.32% AATISH- Spice jet 58 56 -3.45% Viknesvaran IVRCL 355.3 342.95 -3.48% Nitin HFCL 23.45 22.5 -4.05% Shailesh HFCL 23.45 22.5 -4.05% Anant RNRL 35.6 34.05 -4.35% Ritesh Tata Chemicals 251.25 240.15 -4.42% Abhi$hek Binani Cement 67 63.85 -4.70% Lokesh MTNL 163.45 155.75 -4.71% sandeep Hind Motors 33.4 31.8 -4.79% vikas DCB 101.8 96.6 -5.11% I love 2 walk in idea 125 118.35 -5.32% parag Lanco Infratech 179.05 169.5 -5.33% RoSSeneri Lanco Infratech 179.05 169.5 -5.33%

Nikhil Dewan Housing 81.5 77.05 -5.46% Sudeep Dewan Housing 81.5 77.05 -5.46% SC Stays Quota.. Cipla 223.75 210.9 -5.74% SuRyA "back LnT 1999.95 1884.65 -5.77% raghav sanghvi movers 836.2 787.1 -5.87% Ashish technocraft 84.7 79.65 -5.96% Dr.Hitesh Redington 232.2 217.9 -6.16% Navneet IBREALEST 402.2 376.35 -6.43% Boopathi ashok leyland 38.35 35.7 -6.91% Chirag Zee Entertainment 307.4 285.7 -7.06% Praveen BHEL 1418.75 1310.9 -7.60% Anony TELEDATA 68.1 62.7 -7.93% Arun971 UB Holdings 281.7 258.7 -8.16% Arun UB Holdings 281.7 258.7 -8.16% Papillon~ ITI 48.55 44.5 -8.34% Kumar Bata 183.75 167.4 -8.90% abhay Maruti 811.25 737.55 -9.08% shive Oriental Bank 236.95 213.15 -10.04% DEVIL NEVER sail 138.65 124.7 -10.06% GUDURI unitech 569.5 505.55 -11.23%

Rite$h Unitech 569.5 505.55 -11.23% Er. koi shak.. MIC 380.35 337.05 -11.38% Dhaval MIC 380.35 337.05 -11.38% Its not MIC 380.35 337.05 -11.38% Naveen Titan 1144.25 1013.05 -11.47% Raja Tata Motors 747.95 652.2 -12.80% ankush ansal infrastructure 336.7 291.35 -13.47% Urjit Minal engineering 66.9 54.2 -18.98%

The BSE Sensex losing 554.97 points during the week, closed at 14063.81, while NSE Nifty lost 152.05 points to end at 4145

Check out past results of the weekly stock prediction contest.
Indian Stock Prediction Contests

To Predict for next contest which is live on weekends visit here

Inflation 4.85 pct on May 26

STOCKS ON THE MOVE
* Shares of sugar makers including Balrampur Chini Mills Ltd., Bajaj Hindusthan, Sakthi Sugars Ltd. and Shree Renuka Sugars Ltd. were up 1.6-3 percent on reports the government is planning assistance for the sector.
* Educomp Solutions Ltd., after the software training firm said it signed an agreement to acquire Singapore-based Ask n Learn Inc. for S$7.03 million.
TOP THREE BY VOLUME
* IFCI Ltd. on almost 5 million shares
* Rana Sugars Ltd. on 3.2 million shares
* Tata Teleservices (Maharashtra) Ltd. on 2.8 million shares

STOCKS ON THE MOVE June 07

* Suzlon Energy Ltd. was up 4.5 percent at 1,368.50 rupees after the wind turbine maker said a subsidiary had a contract to supply 300 units of 2.1 megawatt turbines. Financial terms were not disclosed.
* Sical Logistics Ltd. was up 6.9 percent at 266 rupees after saying it had won an operation and maintenance bid for 17 vessels of Oil and Natural Gas Corp. Ltd.
* Cambridge Solutions Ltd. was up 4.9 percent at 134.30 on a newspaper report that European private equity firm Permira had joined the race to buy the founders' 42 percent stake.
* Ispat Industries Ltd. was up 5.9 percent at 16.15 rupees, after the steel maker swung to a net profit of 821.2 million rupees for the March quarter from a net loss of 1.53 billion rupees a year ago.
MAIN TOP THREE BY VOLUME

* IFCI LTD. on 4.3 million shares
* Reliance Natural Resources Ltd. on 3.5 million shares
* Ispat Industries Ltd. on 2.5 million shares

MIC Electronics FactBox

Another 20-25% upside may be left in MIC Electronics

MIC Electronics starts trading at 121 per cent premium to IPO price

May 30, 2007: Shares of Hyderabad based MIC Electronics, (Q, N,C,F)* will list today ( May 30), on both BSE and NSE

MAY 08, 2007 : MIC Electronics IPO subscribed over 50 times.The Retail Individual Investors (RIIs) portion received bids for 55532790 shares against the offer of 1785000 shares resulting in a subscription of 31.1108 times.

May 4, 2007 : MIC Electronics Limited IPO Oversubscription Details
MIC Electronics Limited Which opened on April 30th dint recieve good response from the retailers its almost in the 4th day of the issue its only .6 times subscribed will see how it closses on the closing day.For MIC Electronics Limited IPO Allotment details come back here.

April 30th, 2007: MIC Electronics Ltd is tapping the capital markets with a public issue for 51,00000 shares at a price band of Rs 129 to Rs 150

MIC Electronics: Invest at cut-off - Sify.com

DLF IPO Date 2007

DLF IPO Prospectus
Industry Construction and Contracting - Real Estate
DLF Group, DLF Shopping Mall, 3rd Floor, Arjun Marg, DLF City Phase-I Gurgaon-122002
CEO Mr.T C Goyal

www.dlf.in

DLF IPO date 11/06/2007 to 14/06/2007
17,50,00,000 Equity Shares
DLF IPO Price Band Rs.500/- to Rs.550/-
Registrar To The Issue :Karvy Computershare Pvt.

DLF IPO Latest News

Macquarie Research says

DLF – What we like… and what we think is risky
We like DLF for its larger geographical presence (in 31 cities) and for its land
bank in the high-priced locations of Mumbai and New Delhi, though very small.
We think the new, recently-announced JVs are strategic for its execution
capabilities – Hilton for its hotel business and Laing O’Rourke for infrastructure.

What we think is risky: DLF development plans for next three years are
aggressive and we think its product mix is not in sync with overall market
demand. DLF focuses more on relatively smaller commercial and retail markets
instead of the larger residential segment. Even in residential, DLF focuses only
on super luxury apartments which have a small market. Also, ownership of 200m
sqf of total saleable area is not very clear. Finally, with 50% of the total land bank
in Gurgaon, DLF becomes susceptible to any adverse development in Gurgaon

There are substantial changes in the newly filed prospectus relative to DLF’s
previously filed prospectus of May 2006. Among the notable changes: both land
bank and debt levels have doubled and there are no land valuations in the offer
document (unlike May 2006, when 220m sqf was valued at US$19.2bn). The
macroenvironment has also undergone a change; equity markets have
increased by 15%, interest rates by 150bp and property prices by ~30–40%.

Real estate player DLF Ltd has fixed price band of Rs 500-550 per equity share for its forthcoming initial public offering. The issue opens on June 11 and closes on June 14. The company registered its prospectus with the Registrar of Companies on May 24. The company had registered its draft prospectus in January for 17.5 crore equity shares of Rs 2 each. The company thus proposes to mop up Rs 8,750 crore at the lower end of the price band and Rs 9,625 crore at the upper end. DLF's public issue will fall shy of Oil and Natural Gas Corporation's public issue in 2004 of around Rs 10,500 crore, the country's largest issue by far, by around Rs 875 crore even if all the shares are subscribed at the upper end of the price band.

NSE Stock Prediction Contest 4 Results

Analyst's Profile Analyst's Call 28thMay June1 %wise Prakash Channel Guide India 15.85 20.2 27.44% Rajneesh Patni 549.3 552.9 0.66% Gaurav Fortis 91.85 87.8 -4.41% Vishal Nagarjuna Fertlizer 23.4 22.3 -4.70% Kashyap Peerless 24.9 29.8 19.68% Shyam Bombay Rayon Fashion 246.75 231.35 -6.24% Pravin Finolex Ind 82.55 81.9 -0.79% harinder alembic 63.7 63.2 -0.78% saurabh alchemist 8.5 8.25 -2.94% kumar Raj TV 333.35 355.55 6.66% manish Tata Tele 27.85 27.4 -1.62% arun vsnl 466.05 458.55 -1.61% ajay kirloskar elec. 87.05 85.25 -2.07% nitin abb 4493.15 4698.35 4.57% kapil rpl 98.25 99.2 0.97% Viknesvaran IVRCL 343.85 355.3 3.33% Jay Tata Power 604.1 590.15 -2.31% unforgettable TECHM 1559.75 1505.95 -3.45% Deepak UNITED PHOSP 291.6 292.8 0.41%

Trouble Shooter RNRL 34.95 35.6 1.86% Do or die Indiabulls 533.25 535.45 0.41% Hemant IDBI 96.95 97.8 0.88% Bapujee Parsvnath 311.9 326.35 4.63% Hitesh JP Asso 650.25 697.35 7.24% Vaidu Suzlon 1376.1 1288.5 -6.37% Prabhakant parsvnath 311.9 326.35 4.63% Vishal UB Engg 42.55 48.3 13.51% Prasanth Gujarat NRE 57.9 60.2 3.97% Vishal KS Oil 439.2 417.2 -5.01% Shilpi IVRCL 343.85 355.3 3.33% Vishnu IFCI 46.55 47.2 1.40% Ibrahim Kirloskar Bros 355.15 363.5 2.35% Sohil Godrej Ind 177.65 183.15 3.10% Soumyaranjan HDFC 1816.65 1863.4 2.57% Amod Sun Pharma 1065.1 1096.65 2.96% Prajit Unitech 546.05 569.5 4.29% Justin ITC 166.8 161.05 -3.45% Sushma Tata Tea 915.15 937.25 2.41% Ankit Swan Mills 67.65 70.2 3.77%

Abhishek RPL 98.25 99.2 0.97% Lokesh Suzlon 1376.1 1288.5 -6.37% Vindo RPL 98.25 99.2 0.97% Prateek Tata Tea 915.15 937.25 2.41% Krishn RNRL 34.95 35.6 1.86% Ankeet NIIT 866 889 2.66% Dr.Manoj Tech Mahindra 1559.75 1505.95 -3.45% Dhaval Balrampur Chini 75.5 76.9 1.85% Karan united spirit 1140.55 1214.2 6.46% Pankaj Mindtree 769.75 770.75 0.13% Rushabh PFC 148.45 159 7.11% Guduri Tata Tea 915.15 937.25 2.41% Guru Punj Llyod 182.25 221 21.26% Manish SHRIRAM Fin. 143.25 155.5 8.55% Akshay Tripex Overseas 39.7 44.1 11.08% Raghav Mysore Cements 45.65 45.4 -0.55% Anon2 PHILIPS CARBON 184.05 181.45 -1.41% Ankur Prithvi Info 301.25 294.95 -2.09% Navneet NIIT 866 889 2.66% Nikhil IVRCL Infra 343.85 355.3 3.33%

Abhishek JSW Steel 613.3 608.5 -0.78% Abhay ASHOK LEYLAND LTD 37.4 38.35 2.54% Urjit Tata Tea 915.15 937.25 2.41% Nikhil RNRL 34.95 35.6 1.86% Anon1 Teledata 64.95 68.1 4.85% Vaibhav Sreeram Mills 344.5 362.65 5.27% Nirav IDBI 96.95 97.8 0.88% Ananth RNRL 34.95 35.6 1.86% rahul Thomas Cook 64.2 62.1 -3.27% chini wala Tata Tele 64.95 68.1 4.85% Pulkit nicholas piramal 270.8 260.5 -3.80% Venky SBI 1599.6 1665 4.09% Mukesh Kei Ind 90.75 91.1 0.39% akshaya Finolex Ind 82.55 81.9 -0.79% chinoy Page Ind 378.85 395.7 4.45% raghav suzlon 1376.1 1288.5 -6.37% shahdigant unitech 546.05 569.5 4.29% Chirag PTC India 66.75 62.45 -6.44% Jatin UB Holdings 163 281.7 72.82% Manyu Idea Cellular 125 125.85 0.68%

Blue Idea Cellular 125 125.85 0.68%

Hats off to Jatin for predicting the 72% shootup of UB Holdings. Jatin is 21 year old from New Delhi according to his profile. I am bullish on him.







UB Group spreads wings with Air Deccan stake

By Narayanan Somasundaram

MUMBAI (Reuters) - United Breweries (Holdings) Ltd., which runs Kingfisher Airlines, said on Thursday it will buy 26 percent of Deccan Aviation Ltd. signalling further consolidation in the fast expanding but loss-ridden Indian aviation market.

The deal, struck at 5.5 billion rupees, values Deccan Aviation at about 21 billion rupees.

Deccan will issue about 35 million shares at 155 rupees each to United Breweries (Holdings) -- an 18 percent premium to Deccan's closing price of 131.05 rupees on Wednesday.

The deal was announced after market hours on Thursday, but news reports earlier in the day sparked a rally in Deccan shares and also some smaller rivals. Deccan shares rose 11.6 percent and United Breweries (Holdings) rose 10 percent.

Source

Check out past results of the weekly stock prediction contest.
Indian Stock Prediction Contest 1
Indian Stock Prediction Contest2
Indian Stock Prediction Contest #3

To Predict for next contest which is live on weekends visit here

NSE stock index hits new high

India's 50-issue NSE index rose to a record high of 4,306.75 points on Thursday, boosted by strong economic growth data and a rebound in Asian markets.
At 3:19 p.m., the index was up 1.26 percent at 4,303.35. Its previous all-time high was 4,301.60 hit on Wednesday.
The benchmark BSE 30-share index was up 1.12 percent at 14,572.33. It hit a record high of 14,723.88 on Feb. 9.
Cabinet approves new airport for Mumbai- Tender on 2008. 100 billion project.
AXA-Bharti Indian j/v may break even by 2012-CEO.
Govt approves 23 special economic zone proposals.
Govt approves UBS, BT investment plans and Christian Dior Trading India Pvt Ltd
It deferred a decision on Reliance Industries Ltd.'s proposed SEZ near Mumbai.
The Tata group's proposal for a multi-product SEZ at Gopalpur in Orissa was approved.

UB Group spreads wings with Air Deccan stake

The deal, struck at 5.5 billion rupees, values Deccan Aviation at about 21 billion rupees.
Deccan will issue about 35 million shares at 155 rupees each to United Breweries (Holdings) -- an 18 percent premium to Deccan's closing price of 131.05 rupees on Wednesday.
The deal was announced after market hours on Thursday, but news reports earlier in the day sparked a rally in Deccan shares and also some smaller rivals. Deccan shares rose 11.6 percent and United Breweries (Holdings) rose 10 percent.The United Breweries-Deccan deal follows the just completed merger of state-run Air India and Indian Airlines, and Jet Airways Ltd's acquisition of smaller rival Air Sahara in April.

STOCKS THAT MOVED

* Deccan Aviation Ltd., which runs budget carrier Air Deccan, rose 11.6 percent to 146.20 rupees after television channels reported it had sold 26 percent stake to rival Kingfisher Airlines at 150 rupees a share.
United Breweries (Holdings) Ltd., the parent of Kingfisher Airlines, jumped 10 percent to 683.80 rupees.
Stocks of rival airlines also rose sharply after the news. SpiceJet Ltd. ended up 20.7 percent, while Jagson Airlines rose 9.4 percent.
* SREI Infrastructure Finance Ltd. rose 20 percent to 71.80 rupees after the financial services firm said it had formed an equal joint venture with a unit of France's BNP Paribas for infrastructure equipment financing.

TOP THREE BY VOLUME

* Reliance Natural Resources Ltd. on 15.6 million shares
* MIC Electronics Ltd. on 6.5 million shares
* Insecticides (India) Ltd. on 5.9 million shares