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Free stock market analysis buy sell daily intraday and short term delivery tips multibagger recomendations profit making ideas
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| Particulars | As at September 30, 2010 (crores) |
| Share Capital | 11.17 |
| Reserves & Surplus | 254.49 |
| Unsecured loans | 85.69 |
| Investments | 16.32 |
| Inventories | 3 |
| Sundry Debtors | 33.36 |
| Cash and Bank balances | 2.1 |
| Loans and Advances | 105.4 |
| Current liabilities & Provisions | 29.44 |
| Net Current Assets | 114.4 |
Most popular risk indicator for a stock is beta. Beta measures the volatility of price in the market. Fro example, it gives you the fair idea on how the stock will react for market movements. If the beta is 1, the stock has no volatility and moves with market. If it is greater than 1, it has more volatility and over react for the market movements. For example, if the market saw a down of 2%, this stock will fell down more than 2% because of its higher beta. (Note that price fluctuations are determined by many other factors. High beta stock may react opposite if the particular stock has any breaking news on that day). A beta less than 1 means it tends to be less volatile than the market.
It is important to know the risk before investing into a specific stock. For small investors, judging the risk is essential before investing any huge amount. I would advice you to check the beta, if you are interested in investing on the less volatile stock. Any mistake on the stock selection would erode all your money.
Beta value of some stocks in January 2011
| NSE Code | Security Name | Beta |
| IBREALEST | Indiabulls Real Estate Ltd. | 2.28 |
| PUNJLLOYD | Punj Lloyd Ltd. | 2.22 |
| IFCI | IFCI Ltd. | 2.13 |
| IOB | Indian Overseas Bank | 2 |
| SYNDIBANK | Syndicate Bank | 1.9 |
| JSWSTEEL | JSW Steel Ltd. | 1.89 |
| LICHSGFIN | LIC Housing Finance Ltd. | 1.87 |
| YESBANK | Yes Bank Ltd. | 1.86 |
| IDBI | IDBI Bank Ltd. | 1.8 |
| HDIL | Housing Development and Infrastructure Ltd. | 1.73 |
| GMRINFRA | GMR Infrastructure Ltd. | 1.7 |
| UNIONBANK | Union Bank of India | 1.62 |
| RECLTD | Rural Electrification Corporation Ltd. | 1.53 |
| ANDHRABANK | Andhra Bank | 1.49 |
| BANKINDIA | Bank of India | 1.44 |
| GLENMARK | Glenmark Pharmaceuticals Ltd. | 1.38 |
| BHARATFORG | Bharat Forge Ltd. | 1.33 |
| FEDERALBNK | Federal Bank Ltd. | 1.31 |
| ASHOKLEY | Ashok Leyland Ltd. | 1.27 |
| MRPL | Mangalore Refinery & Petrochemicals Ltd. | 1.26 |
| MUNDRAPORT | Mundra Port and Special Economic Zone Ltd. | 1.17 |
| TECHM | Tech Mahindra Ltd. | 1.16 |
| LUPIN | Lupin Ltd. | 1.12 |
| PFC | Power Finance Corporation Ltd. | 1.09 |
| CORPBANK | Corporation Bank | 1.04 |
| BIOCON | Biocon Ltd. | 1.03 |
| TATACHEM | Tata Chemicals Ltd. | 1.01 |
| INDHOTEL | Indian Hotels Co. Ltd. | 1 |
| SRTRANSFIN | Shriram Transport Finance Co. Ltd. | 1 |
| ABIRLANUVO | Aditya Birla Nuvo Ltd. | 0.97 |
| CANBK | Canara Bank | 0.95 |
| UNIPHOS | United Phosphorus Ltd. | 0.79 |
| EXIDEIND | Exide Industries Ltd. | 0.75 |
| BANKBARODA | Bank of Baroda | 0.74 |
| ADANIENT | Adani Enterprises Ltd. | 0.71 |
| MCDOWELL-N | United Spirits Ltd. | 0.71 |
| HINDPETRO | Hindustan Petroleum Corporation Ltd. | 0.58 |
| ASIANPAINT | Asian Paints Ltd. | 0.56 |
| OFSS | Oracle Financial Services Software Ltd. | 0.54 |
| CUMMINSIND | Cummins India Ltd. | 0.53 |
| PATNI | Patni Computer Systems Ltd. | 0.52 |
| COLPAL | Colgate Palmolive (India) Ltd. | 0.49 |
| GRASIM | Grasim Industries Ltd. | 0.48 |
| GLAXO | Glaxosmithkline Pharmaceuticals Ltd. | 0.42 |
| TORNTPOWER | Torrent Power Ltd. | 0.4 |
| BEL | Bharat Electronics Ltd. | 0.26 |
| CROMPGREAV | Crompton Greaves Ltd. | 0.26 |
| ULTRACEMCO | UltraTech Cement Ltd. | 0.2 |
| CONCOR | Container Corporation of India Ltd. | 0.15 |
| MPHASIS | MphasiS Ltd. | 0.15 |
| Best wishes shreenivas |
Although the Nifty has shown a smart pullback in the last few days, Prakash Diwan, Networth Stock Broking says it will probably see a retracement from the current levels, "It may go back to 5,400 in sometime, not immediately, but maybe in the next 15-30 days."
Realty, telecom and metals, he says, will probably weaken the Sensex and the Nifty more than any other sectors.
However, he is positive on the IT sector. “IT will become a defensive safer play as compared to others.”
Q: We have seen the market come back to where they were last Wednesday or Tuesday back to the straddling 6,000 mark. Do you think that there is enough steam left to cross this 6,040 to target 6,300 or do you think this should be profit taking time and valuations are already looking little dear?
A: I think the market is pretty laboured, the way it is crossing the 6,000 mark. So, it’s not going to be very easy task for it to go all the way to 6,300 definitely. But possibly if there is some sort of momentum on the back of positive flows, news flows, it could go all the way to 6,070. But there is a topping out which is very eminent there as well. So, while I believe you will probably see a retracement from these levels, maybe back to 5,400 in sometime, not immediately, but maybe in the next 15-30 days.
Q: If we do go back to 5,400, whatever the probabilities are for that, which stocks in the Nifty are looking exceedingly weak perhaps at the 6,000 level which might crack?
A: It’s typically a huge list of stocks which don’t look very strong. So, they could be susceptible to any kind of shorting or some sort of serious profit taking, particularly realty would given in very easily because the comeback has been fairly specious, it’s not very tenable at these levels.
You would also see telecom go through a bit of volatility and hence unfavourable move downward. Metals maybe, but not as severe as other two. So, I believe these three would probably weaken the Sensex and the Nifty more than any other sectors.
Q: What about banks, they spearheaded the rally in September and early October? They have taken a badgering which one never expect probably some of it was unexpected news, but is there a fundamental wobbliness and you would rather take profit when the market gives you a chance?
A: Yes certainly. We believe State Bank of India for e.g. could again react downwards if some profit taking happens. There should be logically some profit booking at these levels, even Axis Bank is looking pretty weak at this juncture. These are the banks which had sharp run-up and they also are finding it weak to continue growing in terms of credit because that’s not looking very great, especially with realty and a lot of other sectors under the scanner at this point in time. So, where is it that the banks are going to finally grow from? That’s where the midcap and the small banks might score much better from here as compared to the larger ones.
Q: What about ITC? It’s been an outperformer, it’s showing strength. Today it’s dipped on account of that news that we have got. Should one use this opportunity to buy perhaps it will get resolved soon because the government is also involved now?
A: I think it’s a bit of an overreaction, more out of sentimental reason than fundamental because for that Rs 18,000 crore tobacco business a four-day closure and that too a planned closure is not bad a news.
ITC is of course facing a bit of competition from new brand launches which are eating away into its market share, especially for its flagship brands like Gold Flake and all. But I am sure they will overcome that and it’s a well integrated diversified business where other revenue streams also could start chipping in. So, I think it’s a great story. FMCG in any case is a great sector to be in these times and ITC would be one of the best picks there.
Q: Where do you hide, if you are thinking that there is macro level, some kind of weakness in the stock market, stockwise is there relative outperformance?
A: You distinctly have IT which is looking up, especially the frontline largecap players. If you look at the job data, which has just come through last couple of days from the US, there is growing optimism that things possibly are not as bad and the recovery is possibly on its way. Given that the stand of the US government towards Indian IT companies in terms of taking on some of these projects and contracts would probably soften in coming January that could mean, and of course you also have the advantage of the rupee dollar favourable situation continuing for almost entire quarter this time. So, the frontline companies are pitching in for contracts, the pitch is very strong. They have given an indication that they should be getting some decent size contracts in January. So, IT will become a defensive safer play as compared to others| S. No. | Scrip Name | Rakesh Jhunjhunwala Holding | Wife's Holding |
|---|---|---|---|
| 1. | AGRO TECH FOODS LTD. | 1153700 Shares | 849559 Shares |
| 2. | APTECH LIMITED | 3152100 Shares | 2000000 Shares |
| 3. | Alphageo (India) Limited | 125000 Shares | *********** |
| 4. | AUTOLINE INDUSTRIES LIMITED | 520000 Shares | 731233 Shares |
| 5. | BILCARE LTD. | 1735425 Shares | 267500 Shares |
| 6. | CRISIL LIMITED | 550000 Shares | ************ |
| 7. | Geojit BNP Paribas Financial Services Limited | 18000000 Shares | ************ |
| 8. | GEOMETRIC LIMITED | 3860000 Shares | 850000 Shares |
| 9. | Hindustan Oil Exploration Company Limited | 5385143 Shares | 1887273 Shares |
| 10. | INFOMEDIA 18 LIMITED | 210698 Shares | 489479 Shares |
| 11. | ION EXCHANGE (INDIA) LTD. | 650000 Shares | ************ |
| 12. | JB CHEMICALS & PHARMACEUTICALS LIMITED | 1251650 Shares | ************ |
| 13. | KAJARIA CERAMICS LTD | 2502642 Shares | ************ |
| 14. | KARUR VYSYA BANK LTD | 2041224 Shares | ************ |
| 15. | LUPIN LIMITED | 2183581 Shares | 1065254 Shares |
| 16. | MID-DAY MULTIMEDIA LIMITED | 950000 Shares | |
| 17. | PRAJ INDUSTRIES LTD | 11678624 Shares | 2798000 Shares |
| 18. | PRIME FOCUS LIMITED | 250000 Shares | 632500 Shares |
| 19. | PROVOGUE (INDIA) LIMITED | 1900000 Shares | ************ |
| 20. | PUNJ LLOYD LIMITED | 3790000 Shares | ************ |
| 21. | RALLIS INDIA LTD. | 746588 Shares | ************ |
| 22. | RISHI LASER LTD. | 380,000 Shares | ************ |
| 23. | TITAN INDUSTRIES LTD. | 2787755 Shares | 1038306 Shares |
| 24. | SREI INFRASTRUCTURE FINANCE LIMITED | ************* | 1250000 shares |
| 25. | VICEROY HOTELS LIMITED | 4250000 Shares | 500000 Shares |
| 26. | ZEN TECHNOLOGIES LTD. | 450000 Shares | 450000 Shares |
| 27. | VIP INDUSTRIES LIMITED | 1263000 Shares | ************ |