http://feeds.business-standard.comThe latest news from India's most respected business daily.enBusiness Standard LimitedWed, 19 Jan 2011 08:45:06 GMTNewspapersBS RSS Generator10http://feeds.business-standard.com/images/logo_small.gifhttp://feeds.business-standard.com14428Business Standardhttp://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/KOGej3ezhiw/storypage_c.phpThangamayil Jewellery (TJL) trades in gold, diamond and platinum jewellery. The ornaments are also made to order according to the specific requirements by the customer. TJL has continuously increased its market share to 15 per cent currently in the sale of gold and diamond jewellery in the city of Madurai and surroundings. The strategy of TJL is to focus on Tamil Nadu and tapping the rural population. TJL plans to take the total number of retail showrooms to 9 by 2010-11 and 15 by 2011-12 with a capex of Rs18-20 crore to be funded via internal accruals and IPO proceeds. There is a shift in the jewellery market from the unorganised to the organised players, which will benefit the company. The expenditure incurred towards Hallmarking as well as the promotional efforts is likely to add further brand value. Maintain buy.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422197Tue, 18 Jan 2011 18:58:54 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422197http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/vf4e7PUXTVc/storypage_c.phpThe rise yesterday appeared to be driven by short-covering and profit booking. The stock is likely to revert back to support between Rs 1,235 and Rs 1,250. Keep a stop at Rs 1,285 and go short.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422196Tue, 18 Jan 2011 18:57:45 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422196http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/PsZ3esShMME/storypage_c.phpConsistently improving financials and better outlook have led analysts to up their earnings estimate for the company??It was not surprising to see the TCS stock jump over 5 per cent on Tuesday vis--vis the 1-2 per cent rise each in the broader markets and the Infosys share price, thanks to the strong set of numbers for the quarter ended December 2010. Post its excellent results, which the company announced on Monday evening (after market hours), brokerages have raised their 2011-12 EPShttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422194Tue, 18 Jan 2011 18:52:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422194http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/G47_XXFFbAI/storypage_c.phpThe stock has a potential upside till Rs 680 today. Keep a stop at Rs 658 and go long.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422108Mon, 17 Jan 2011 19:25:41 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422108http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/HWSy6TByWqY/storypage_c.phpUntil the headwinds ease, the L&T stock is likely to remain under pressure.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=422107Mon, 17 Jan 2011 19:23:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=422107http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/cRplARLQhPU/storypage_c.phpTarget Price: Rs 198 United Phosphorus (UPL) has announced conversion of outstanding FCCB's into equity. Of the total outstanding FCCB's worth $80 million, FCCB's worth $78 million have been converted into equity, while the balance worth $2 million have been redeemed. At Rs 160, the stock is trading at attractive valuations of 10.5 times 2011-12 EPS. Maintain Buy.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421738Thu, 13 Jan 2011 19:02:21 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421738http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/aej5crlQo-c/storypage_c.phpThe stock's found support after correcting off a recent high. It has the potential to move back till Rs 137 again. Keep a stop at Rs 129 and go long. Increase the position between Rs 134 and Rs 135 and reset the stop loss to Rs 132. Start booking profits above the 136.5 mark.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421737Thu, 13 Jan 2011 19:01:43 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421737http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/5CFNqzjmbB4/storypage_c.phpGiven the weak undercurrents in the markets, Smart Portfolios, too, witnessed significant value erosion across the fund managers' net worth. The nervousness in the markets was also reflected in the trading pattern during the last five days, with just 15 trades executed. Interestingly, thanks largely to Shishir Bajpai, the fund managers were net buyers of stocks to the tune of Rs 7.68 lakh.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421736Thu, 13 Jan 2011 18:59:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421736http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/nlx6LbGMYMw/storypage_c.phpThe dollar hit a resistance level on Monday, increasing the probability of a sell-off that can lead to a rally in commodity markets.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421735Thu, 13 Jan 2011 18:58:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421735http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/EB3_RPf4hmY/storypage_c.phpRising consumption, reflected in higher same store sales, focus on core retail operations and attractive valuations should help the stock deliver 30 per cent over 18 months, say analysts.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421734Thu, 13 Jan 2011 18:56:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421734http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/Qy1PwGL8FRw/storypage_c.phpAurobindo Pharma (AURO) revenues in the US market will be further augmented by the incremental approvals, traction in the sterile space and increase in market share in key products. The controlled substance foray will be revenue accretive in the long term. MNC deals will act as an additional distribution channel for the company. The ramp up in revenues in sterile space in 2011-12 will be margin accretive for the company. AUROs US business revenues has grown at a compound annual growth rate of 95 per cent over the last four years primarily driven by significant product launches in anti-biotics (cephs), CVS and CNS space. AUROs US revenues are expected to increase from $274 million in 2010-11 to $371 million in 2011-12. With requisite infrastructure and new alliances in place the company will have to clock in a CAGR of 27 per cent between FY10-FY14 to become a $2 billion company. Maintain buy.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421623Wed, 12 Jan 2011 19:25:25 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421623http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/GXv26zR-e-k/storypage_c.phpThe financial index has swung sharply from a bottom in the 10,650 zone. It could have enough momentum to move till around 11,350 today though this looks like a correction inside a downmove. Keep a stop at 11,050 and go long.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421622Wed, 12 Jan 2011 19:24:19 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421622http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/6jFaufx8o3c/storypage_c.phpAnalysts fear worse days ahead on worries over inflation, interest rates and soaring input costs.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421620Wed, 12 Jan 2011 19:23:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421620http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/fS-539Oigj0/storypage_c.phpThe surest way to profit from takeover speculation in the stock market is to bet its wrong.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421527Tue, 11 Jan 2011 19:07:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421527http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/1jDAiO0euoI/storypage_c.phpPunjab National Bank (PNB), which achieved total business of Rs 5,00,000 crore till December 31, 2010, is targeting business worth Rs 10,00,000 crore by CY2013. Over FY2006-10, the banks business posted a 22.4 per cent compounded annual growth rate compared to industrys growth of 20.9 per cent CAGR over the same period.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421498Tue, 11 Jan 2011 19:00:12 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421498http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/EkEsaDKhBvs/storypage_c.phpThe stock is moving up on a pattern of short-covering. It should be capable of hitting a minimum target of Rs 1,325 and it may test resistance at Rs 1,350. Keep a stop at Rs 1,285 and go long.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421497Tue, 11 Jan 2011 18:59:42 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421497http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/qYXVLPGS7hg/storypage_c.phpSector indices are undertraded in India. Nifty Futures trading is more than the stock futures volumes and Nifty options is mainly the option market of India. What happened? Why such a skew towards one index? Why doesnt India trade sectors? There can be a few reasons. First, investors believe that its easy to understand stocks but not a sector. Second, there is less information on sectors compared to stocks.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421496Tue, 11 Jan 2011 18:57:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421496http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/bMFrpbJY4Bs/storypage_c.phpOne swallow doesn't make a summer is a proverb that points out the dangers of extrapolating trends on small data samples. Going by that principle, one can scarcely extrapolate annual trends for 2011 from just over a week's worth of trading. However, 2011 has started weak. The Nifty has lost around 6 per cent, dropping about 400 points in the new year.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421495Tue, 11 Jan 2011 18:56:19 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421495http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/uikKtiCGpbE/storypage_c.phpHindustan Copper stock to be under pressure despite improving performance on high copper prices.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421494Tue, 11 Jan 2011 18:54:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421494http://feedproxy.google.com/~r/Business-Standard-Markets-Investing-Features/~3/_YS-wo_PYYY/storypage_c.phpThe stock has made a downside breakout on volume expansion and it could fall further till around the Rs 975-980 level. Keep a stop at Rs 1,030 and go short.http://business-standard.com/common/storypage_c.php?leftnm=10&autono=421394Mon, 10 Jan 2011 19:22:36 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&autono=421394