Monday, December 28, 2015

Aurobindo and Lupin up

Aurobindo Pharma gained 1.5 percent intraday Tuesday to hit fresh 52-week high of Rs 885 on getting US health regulator approval for antiulcer drug

Lupin gained more than 1 percent intraday on getting nod from USFDA to market generic Femhrt tablets in the US.

Some analysts best picks for 2016

As per this outlook article
http://www.outlookbusiness.com/special-edition/my-best-pick_2016

the following is best pick for 2016 for these analysts

Ashit Kothari is optimistic on Bata
Ambareesh Baliga is optimistic on Jain Irrigation to be a turnaround story
Ajay Relan believes 2016 is the year for Ashapura Intimates Fashion

Stocks that jumped over 250% in 2015

Some stocks that jumped over 250% in 2015:

  • Mangalam Drugs
  • Cupid
  • Uniply
  • Stampede Cap
  • Ricoh India
  • JMT Auto
  • Sangam (India)
  • Tata Elxsi
  • Intrasoft Tech
  • KellTon Tech
  • Rajesh Exports
  • Gayatri Projects
  • Morepen

Sunday, December 27, 2015

Tube Investment surges on stake sell news

Murugappa Group firm Tube Investments of India said that it will sell 14 per cent of its stake in Cholamandalam MS General Insurance (Chola MS) for Rs882.67 crore, after securing regulatory approvals.

Cholamandalam MS is a joint venture between Tube Investments, which is part of the Murugappa Group and Mitsui Sumitomo Insurance Group of Japan.

Currently, Mitsui Sumitomo Insurance holds 26 per cent stake in Chola MS, while Tube Investments has 74 per cent. With Mitsui absorbing an additional 14 per cent stake from Tube Investments, the former's stake in the general insurance firm goes up to 40 per cent. Tube investments will thus have 60 per cent stake in the company.


Saturday, December 26, 2015

Reliance Infra defence deals

While I stay away from ADAG stocks.....the following news makes me rethink

http://www.firstpost.com/business/reliance-defence-signs-6-billion-pact-with-russian-arms-firm-as-modi-visits-moscow-2558678.html

Reliance Defence (Pipapav) signs maintenance and manufacturing deals worth $6 Billion.

Sandip Sabharwal thinks that ADAG is selling assets to buy new assets which do not make promise

http://economictimes.indiatimes.com/markets/stocks/recos/adag-selling-better-assets-and-buying-ones-which-do-not-promise-profits-sandip-sabharwal/articleshow/50297901.cms

The above news had an immediate impact on Pipapav Defence (BSE ID: 533107) on Thursday 24th Dec 2015. The stock went up by 20% (circuit) approx 16 Rs.

Chart is also showing huge splurge in volumes