Monday 1 October 2007

Chennai gearing for one of its biggest land deal

Stocks dip at quarter's end

Watch this video on how US stocks and economy is doing.

Telecom Licences

It seems to be a boom time for Telecom!! Omaxe, Hinduja TMT and HTMT have all applied for a telecom licence for all the 22 circles.

Reliance Energy

Price of this share has increased by almost 18% in the last two trading sessions. This has mostly been on account of the upcoming IPO news of Reliance Power, a 51% subsidary of Relaince Enenrgy.

Hotel Leela

Ashish Kapoor, CEO of Investshoppe has given a target of Rs 75 for Hotel Leela Venture. I gave this recommendation when the price of this share was Rs 44.

CMP: 51.70

Reliance Natural

Ashwani Gujral has given a buy recommendation on RNRL for a target of Rs 135. Stop loss Rs 75.

CMP: 93.70

Marico

Sharekhan has maintained its BUY rating on Marico. They have given a target of Rs70.

CMP: 60.90

DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.