Stocks

With strong mandate to the National Democratic Alliance (NDA), the new government can take bold economic steps without any strong opposition. According to the brokerages, following the strong recent run up, valuations in the India equity market are not cheap and, hence, the market could consolidate in the near term. On the other hand, the strong developmental focus of the new government should lead to longer-term appreciation of the market. Barclays Corporates with improving asset utilisation (Tata Steel, Hindalco); Corporates with reducing balance sheet leverage (Tata Steel, Hindalco, IRB Infra); unleveraged corporates investing in new infrastructure opportunities (Adani Ports, Coal India, L&T); and companies benefiting from a lower subsidy regime (ONGC, BPCL), CLSA Its...

Motilal Oswal - Stocks to watch - Stock Recommendation for Investment for Medium to Long term - May 2014 Sector Preferred Pick     Financials SBI ICICI Bank Axis bank Canara Bank OBC NBFCs Power Finance Shriram Transport Finance Capital Goods L&T BHEL Thermax Power NTPC Coal India Jai Prakash Energy ONGC BPCL Auto Maruti Ashok Leyland TVS Motors Cement ACC Dalmia Bharat Ultratech Real Estate IBREL DLF Unitech Media Sun TV Dish TV   Also Read - 30 Stocks Recommended by Dolat Capital Also Read - Large / Midcap / Small cap Stock Recommendations for 2014

Dolat capital remmends following stocks after spectacular BJP Win   Sector Preferred Pick     Auto Maruti Bajaj Auto Suprajit Eng Banks SBI PNB Axis Bank Yes Bank Capital Goods L&T Cement UltraTech Cement JK Lakshmi Cement Consumer Titan Relaxo Whirlpool Energy Gulf Oil Corp Infrastructure ITNL    Also Read - 26 Stocks Recommended by Motilal Oswal Also Read - Large / Midcap / Small cap Stock Recommendations for 2014

Morgan Stanley Asia (Singapore) Pte has picked up 0.61 percent equity stake in Indiabulls Real Estate (IBEL) on Friday. The firm has bought 26,16,156 equity shares at Rs 76.21 per share through block deal on NSE  that was worth Rs 20 crore. Meanwhile, IndiaBulls RealEstate  reported 20% fall in consolidated net profit at Rs 41.67 crore for the quarter ended March 31 on lower revenue. Revenue slipped over 20% year-on-year to Rs 327.60 crore during the quarter. On Friday, the stock closed at Rs 78.20, up 18.84 %. Market capitalisation of the company currently stands at Rs 3,315.76 crore.

15-May-2014 Rakesh Jhunjhunwala today picked up 17.1 lakh shares of Orient Cement for about Rs 9 crore through an open market transaction. According to the bulk deal data, Jhunjhunwala bought 17,10,000 shares of Orient Cement at an average price of Rs 53.1 per share, valuing the transaction at Rs 9.08 crore.  Orient Cement was an initiative of C K Birla Group. The firm later de-merged and became an independent public limited company. The firm began cement production in 1982 and presently its total capacity stands at 5 MTPA (metric tons per annum). As part of its growth plan to reach 15 MTPA by year 2020, Orient Cement is geared up for its latest Greenfield project with a proposed capacity of 3 MTPA at Chittapur, in Gulbarga district, Karnataka. Shares of Orient Cement today surged 7....

12 midcap gems for your portfolio (returns 10 - 75%)    Stock Taget Upside Recommened by IFGL Refractories 146 77% Sunidhi Sec BGR Energy 250 76% Way2Wealth Oberoi Realty 296 46% Karvy DB Corp 410 44% Motilal Oswal NIIT Tech 510 27% PrabhudasLiladhar Gulf Oil Corp 153 21% Dolat Cap Chambal Fertilisers 48 20% PrabhudasLiladhar Torrent Pharma 761 18% ShareKhan Kewal Kiran 1500 18% ShareKhan Paper Products 111 16% Aditya Birla Money HT Media 104 13% ICICIDirect Ajanta Pharma 1188 12% Firstcall Source - ET

Piramal Enterprises, promoted by Ajay Piramal, today proposed to acquire 9.99% stake in NBFC firm Shriram City Union Finance for about Rs 790 crore.Piramal Enterprises has agreed to acquire 65.8 lakh shares for cash on preferential basis at a price of Rs 1,200 per share of Shriram City Union Finance. This represents 9.99% of the post-diluted equity share capital, Shriram City Union Finance said in filing to the BSE. Shares of Shriram City Union Finance closed at Rs 1,183.05 per unit, up 5.11% on the BSE. It has been decided to hold an extraordinary general meeting of shareholders on May 30 to seek approval for selling 10 per cent stake, the filing said. Shriram City Union Finance is a deposit-accepting non-banking financial company (NBFC) specialising in retail finance.  With assets u...

As per analysts, market volumes have improved with the small and midcaps beginning to see volumes and performance. They were laggards in the calendar year 2013. We have collated a list of 10 midcap stocks which have good operating ROEs and hold potential of an earnings recovery in 12 months.  The companies are reducing debt and sales growth has been positive: Brokerage: JPMorgan 1. Indian Hotels: Peak supply in the domestic market in our view is over and a large part of the company's capex is coming to an end. Any improvement in beaten down ADRs in the domestic market could improve EBITDA significantly given operating leverage. Incremental growth is mostly via management contracts.  2. Cox and Kings: The company has become free cash positive and the UK business is now throwing up ...

On 23-April-2014 , Rakesh jhunJhunwala again picked up 1% stake in Prakash Industries   @ 68.15 / share. he picked up 7.5 lakh shares. Earlier on 4th of April 2014 , he picked up 1.85% stake ( 25 lakh shares ) @ Rs 59  .  Read News Trailing 12-month (TTM) EPS -  Rs 11.13 per share. (December, 2013). The stock’s price-to-earnings (P/E) ratio was 6.17. The latest book value of the company is Rs 155.67 per share. At current value, the price-to-book value of the company was 0.44. The dividend yield of the company was 1.46 percent. See Portfolio Holding of Rakesh JhunJhunwala

Foreign institutional investors (FIIs) have traditionally remained skeptical about mid-caps because of corporate governance concerns and lack of liquidity in the stocks, but they have increased their stakes in the counters in the March 2014 quarter. Brokers said the difference in valuations between large-caps and midcaps had widened significantly in January, resulting to FIIs' interest in them.  The list shows these investors bought shares of companies with strong growth prospects or cheap valuations. Increase in FII Holdings Decrease in FII Holdings Source: ET