February, 2014 - Wealth18.com

Feb202014 by wealth18.comNo Comments

RBI allows FIIs to purchase shares in Future Retail (Pantaloon Retail)

News

12-Feb-2014 RBI has allowed FII to buy shares in Future Retail as the FFI holding has gone below the prescribed threshold limit under FDI policy. In Jan 2014, RBI RBI had placed restriction on FIIs to purchase shares in Future Retail as the foreign shareholding had crossed the overall permissible limit of 24 per cent of paid-up capital. JPMSL A/c Copthall Mauritius Investment purchased 14.65 lakh equity shares of the company at Rs 91.88 apiece on the National Stock Exchange. (0.6% stake for Rs 13.5 crore). As on December 31, 2013, Copthall Mauritius Investment holds 1.64 percent stake in company. Future Retail reported net profit of Rs 22 crore for the quarter ended December 2013 as against loss of Rs 20.4 crore in same quarter last year. The bottomline was supported by exceptiona...

Feb202014 by wealth18.comNo Comments

10 stocks for longer term (5-10 years)

Stocks

Following 10 stocks are recommended by Analysts which can deliver good returns for next 5-10 years Recommendations by SMC Investments Reliance Industries Ltd Mahindra & Mahindra Ltd Tata Consultancy Services Ltd Cairn India Ltd Larsen and Toubro Ltd Recommendations by Bonanza Portfolio Ltd ITC Sun Pharma HCL Technologies Havells India Lupin Source: ET 11-Feb-2014

Feb202014 by wealth18.comNo Comments

14 Large Cap Stock Recommendations – Prabhudas Lilladher

Stocks

Prabhudas Lilladher has identified largap ideas that can give sharp returns over a period of one year. The Brokerage is 'overweight' on IT and healthcare, and 'neutral' on consumer staples and 'underweight' on banks. 1) ITC (Target price Rs 381) 2) Infosys (Target price Rs 4,550) 3) HDFC Bank (Target price Rs 760) 4) Wipro (Target price Rs 700) 5) ICICI Bank (Target price Rs 1,150) 6) Larsen & Toubro (Target price Rs 1,157) 7) NMDC (Target price Rs 163) 8) Hindustan Zinc (Target price Rs 163) 9) Axis Bank (Target price Rs 1,400) 10) Dr Reddy's Laboratories (Target price Rs 2,697) 11) Hero MotoCorp (Target price Rs 2,251) 12) Zee Entertainment (Target price Rs 330) 13) Motherson Sumi (Target price Rs 234) 14) Aurobindo Pharma (Target price Rs 640)

Feb202014 by wealth18.comNo Comments

10 Midcap stocks that can deliver 20 – 95% returns in 1 year

Stocks

We have compiled the recommendations from various brokerage houses about quality midcap stocks which has potential to delvier good returns over a period of 1 year Bajaj Electricals ( Target Price : 303 ) Cadila Healthcare ( Target Price : 1200 ) Bharat Forge ( Target Price : 450 ) Indian Hotels ( Target Price : 78 ) Rolta India ( Target Price : 90 ) Swaraj Engines ( Target Price : 749 ) IFB Agro ( Target Price : 249 ) Neyveli Lignite ( Target Price : 111 ) Power Finance ( Target Price : 225 ) Tata Power ( Target Price : 102 ) ...

Feb202014 by wealth18.comNo Comments

10 Stocks that can deliver returns of 10 – 75% – ET Wealth

Stocks

Yes Bank Ltd: Target price set at Rs 400 UPL Ltd: Target price set at Rs 230 ING Vysya: Target price set at Rs 711 Bajaj Auto: Target price set at Rs 2,355 Cadila Healthcare Ltd: Target price set at Rs 1,062 Tree House: Target Price set at Rs 313 DLF: Target Price set at Rs 250 Tata Motors Ltd: Target Price set at Rs 462 Essel Propack Ltd: Target Price set at Rs 70 Radico Khaitan Ltd: Target price set at Rs 200 Please consult your financial advisor before taking any position in the stocks mentioned

Feb202014 by wealth18.comNo Comments

Stock that can deliver over 25% returns – Espirito Santo

Stocks

20-Feb-2014 Following are the brokerage's views on the companies that can deliver over 25 % returns. ING Vysya Bank: Target price Rs 711 ( CMP 553 - Upside 28% ) Strong Tier 1 (14.5%) and higher PCR% (88%) stock currently trading at 1.3x FY15 P/B potential M&A option Bajaj Auto: Target price Rs 2,355 (CMP 1825 - Upside 29%) Trading at 13.5x FY15E earnings ( ubstantial discount despite visibility of 18- 20 per cent CAGR growth till FY16 13% discount to Hero Motocorp

Feb172014 by wealth18.comNo Comments

Ennore Port Tax Free Bonds – Feb 2014 – Details

Bonds

Ennore Port is targeting to raise up to Rs 500 crore with an option to retain over-subscription up to Rs.750 crore. It has AA Credit Rating. The issue is open from 18-Feb-2014 to 14-Mar-2014 . However, it may close early, depending on response. Ennore Port Tax Free Bonds Details Series I Series II Series II Tenor 10 Years 15 years 20 years Interest Paid Annual Annual Annual Coupon Rate 8.61% 9.00% 9.00% Effective Pre-Tax Yield (30% tax slab) 12.46% 13.02% 13.02% Effective Pre-Tax Yield (20% tax slab) 10.84% 11.34% 11.34% Effective Pre-Tax Yield (10% tax slab) 9.60% 10.03% 10.03% Minimum Application Rs 5000 Maximum Application Rs 10 lacs ( Retail) Issue Opens on 18-Feb-14 Issue Closes on 14-Mar-2014 (May close early) About the Company ...

Feb162014 by wealth18.comNo Comments

IREDA Tax Free Bonds – Feb 2014 – Details

Bonds

Indian Renewable Energy Development Agency (IREDA) is targeting to raise up to Rs 500 crore with an option to retain over-subscription up to Rs.1000 crore. It has AAA credit Rating. The issue is open from 17-Feb-2014 to 10-Mar-2014 . However, it may close early, depending on response. IREDA Tax Free Bonds Details Series I Series II Series II Tenor 10 Years 15 years 20 years Interest Paid Annual Annual Coupon Rate 8.41% 8.80% 8.80% Effective Pre-Tax Yield (30% tax slab) 12.17% 12.74% 12.74% Effective Pre-Tax Yield (20% tax slab) 10.59% 11.08% 11.08% Effective Pre-Tax Yield (10% tax slab) 9.38% 9.81% 9.81% Minimum Application Rs 5000 Maximum Application Rs 10 lacs ( Retail) Issue Opens on 17-Feb-14 Issue Closes on 10-Mar-2014 (May close e...

Feb162014 by wealth18.comNo Comments

IIFCL Tax Free Bonds Tranche 3 – Feb 2014 – Details

Bonds

Review of - IIFCL Tax Free Bonds - Tranche III - February 2014 India Infrastructure Finance Company proposes to raise upto Rs 2823 crore through tax free bonds issue of secured redeemable non-convertible debentures. (Tranche III) The tax free bonds issue would open from 17-Feb-2014 and closes on 14-Mar-2014 (May close early. Last tranche oversubscribed on Day 1) Indian Infrastructure Finance Co Ltd (IIFCL) Tax Free Bonds - Tranche 3 Details Series I Series II Series III Tenor 10 Years 15 years 20 years Interest Paid Annual Annual Annual Coupon Rate 8.41% 8.80% 8.80% Effective Pre-Tax Yield (30% tax slab) 12.17% 12.74% 12.74% Effective Pre-Tax Yield (20% tax slab) 10.59% 11.08% 11.08% Effective Pre-Tax Yield (10% tax slab) 9.38% 9.81% 9.81% Minimum Appli...