HFCL On the Rolls...

Just as I was typing the previous blog putting HFCL for strong heart with risk taking abilities, it shot up later in the day... It went up by 20% circuit.... wiping my loses in HFCL... and it had still some 1 cr shares buy order pending with no sellers available.... so some one seems to be accumulating the stock... might be they know something we do not....

with 3G auction nearing... I believe it is around mid Feb this year, it will gather further steam.. it is first in line for getting 2G auction... with no spectrum available to new players... any global giant who is not in India and want to come in has to take over or partner with existing co with license... HFCL probably would fit that bucket... but then again these are wishes.. but you never know when this ghoda (horse) will run... I expect another couple of days of circuit max... taking it to 18 to 20 zone may be... will book some partial profit and put money in micro tech and fortis....

Some Reshuffling and Tips...

I booked some partial profits in JK Tyres (tips give when quoting at 80... now at 158), MRF (sorry no tips given on this :-)), and Gujarat NRE (tips given @37.. now quoting at 89... sure time to book profit in this one)...

so to sum it all I would recommend booking profit in JK Tyres, Gujarat NRE and yes Hindalco... book partial profit... may be take your principal out and keep the remaining shares as fokat (free)... enjoi....

now coming to the proceeds....

have moved it to fortis healthcare.... for a long term.... healthcare in India would be big time industry going forward so would be accumulating this on dips...

next one is odd man out... Micro Technologies... currently quoting at 206... it is in IT but exclusively on security side... its book value is 243... and EPS is 70... making its PE 3.x ... over 5 years it has grown 10 times from 25cr turnover to 250cr turnover ... this year would make probably 300cr... which would be good... only concern is promoter holding is 36% or so... while they have pledged some 1/3 of the stock.... reserves are in some hundreds of crores... I am not sure why they pledge their shares... still taking some risk for longer term...

BTW... did you check out quintegra.. it is now at 15... remember giving the trader tip at 10... cool 50% in a month... sorry I didnt put anything in the stock this time...

I would be watching out for HFCL .. with 3G auction nearing it is becoming too hot to handle... though I have some exposure in it... Only for very strong heart... it can go 40 or it can 5 or go out of business... currently quoting at 12... so do your own due dilegence...

Disclaimer: As usual... please do your own due diligence before investing in any shares mentioned above... and yes I do have position in almost all the shares mentioned above.... :-)...

Hindalco....

Hindalco reached its target.... 150... around 3 months prior to the target date... I booked partial profit and moved the money to RNRL and RELPOW...

I am still buying satyam on dips... it is still to pick up.. once the result date nears... which would be in July 2010... it will start gathering steam...

Satyam Updates

Well satyam got battered today, has gone down by 8%.... well I booked partial profit in central bank like I said in earlier post. Have moved the proceeds to satyam. I feel satyam is going to come out with very strong results in July. And every dip like this in Satyam I feel is buying opportunity.

Updates on stock tips...

Central bank has met its target of 150... much earlier than expected... it has posted very strong results last two quarter hence it is going up for quite some time...

At this point I recommend partial profit booking and taking your principal out, keep the remaining "free" shares for futhur gains...

There are couple of stocks to watch punj loyd and sterling biotech. They look attractive... need to do some further research on them before I can recommend them to put in the stock tips portfolio.

So far, two stocks have met the target central bank and rolta india...

here is the updated portfolio details...

Ups and Downs...

The past two weeks has seen some great seesaw. From highs of 5100 it went down to 4500 and then again we are now at 4800. 4500 gave a great opportunity to buy good stocks which would fetch handsome returns in future.

Suzlon energy got beaten down to 53. I bought some stocks on dips on two lots, at 54 and at 63.

Similarly reliance power got hammered, I bought some at 143. Wait till Dadri plant goes live in 2011 or 2012 it would go and reach 400. If you can keep it for for 5 years it will give multibagger kind of result. Compare it with Tata Power and you will understand what I am referring to.

I am again saying Satyam is a great story in making. Get it before the results are declared in Jul, there is still some time, but then you may not find it at 100Rs for long. It will catch with the big boys once the audited accounts are out. It recently got 300M deal, along with that its order book will continue to grow, it will not fall.

I booked profits in HOCL and partial profits in JK tyres. Moved the proceeds to suzlon, reliance power and satyam.

One trader stock which I would recommend for strong heart people is deccan gold. I have bought it at multiple price. They are in exploration and production of gold. With gold prices going up like anything, this thing will fly. The only stumbling block, which is huge one, is govt. It is taking long time to form mining policy and hence it is taking long time for deccan gold to start mining golds from couple of areas where they have found gold. Hopefully, this winter session the mining policy gets frozen. If that happens this would easily reach 50 to 60 Rs. It is currently quoting at 39Rs. Though this is a braveheart stock, I will put it in the list of stock tips portfolio. So, if you are ready to gamble a little, go ahead with deccan gold. If you are conservative in nature then please stay away from it.

Another trader stock is Quintegra Solution. Currently quoting at 8.95. I would wait till it goes to 6 before plunging in. It oscillates from 6 to 15 Rs range and can give quick returns in short span of time. Again this is extremely risky stock so depending on your appetite you can take your decision. I made some little money in this stock in 2 months time when I bought at 7 and sold around 14 some months ago.

Disclaimer: Please do your due diligence before buying any stock.

Happy Deepavali...

आप सबको दीपावली की सुभ सुभ कामनाये... यह दीपावली आप और आपके स्नेही जानो को मंगल मई रहे...

ॐ श्री लक्ष्मी देवी नमः....

सेंसेक्स २१००० से भी ज्यादा बढे और स्टॉक टिप का पोर्टफोलियो भी...

ॐ श्री गणेशाय नमः...

जय हिंद....

जय जय गरवी गुजरात...

बढो बढो और बढो... ईमानदारी से बढो.... :)....