Morgan Stanley: India Strategy - A Slow Grind Up: 2011 Outlook

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

Anand Rathi Top Picks for 2011

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


Anand Rathi Top Picks for 2011 Large Caps 

1. Axis Bank 
2. HDIL 
3. ICICI Bank
4. Mphasis 
5. Tech Mahindra 
6. United Phosphorous

Anand Rathi Top Picks for 2011 Mid Caps 

1. Anant Raj Industries 
2. Blue Star 
3. CRISIL 
4. FAG Bearings 
5. Finolex Cables 
6. Greenply Industries 
7. Jammu & Kashmir Bank
8. Surya Roshni 
9. TAJGVK 

Grey Market Premium IPO- Shekhawati, C. Mahendra, Midvalley entertainment Jan 6 2011

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

Company Name	Offer Price	Premium
	(Rs.)	(Rs.)
Shekhawati Poly Yarn	30 (Fixed)	0.5 to 1
C. Mahendra Export	95 to 110	2 to 3
Midvalley entertainment	64 to 70	4 to 5

Siemens: Limited potential for upside to estimates; valuations expensive:: Kotak Securities

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


Siemens (SIEM)
Industrials
Limited potential for upside to estimates; valuations expensive. Retain REDUCE as
high valuations appear unjustifiable given volatile business and limited potential for
upside to estimates. FY2010 margin expansion aided by mobility segment profitability
(likely to sustain) and high power T&D margins (unlikely to sustain -return to normalized
levels already seen in 4Q). Industrials remain weak—growth primarily led by low base.
Annual report highlights strong cash generation, lower project business revenue share.

Gujarat Apollo: Management Meet Highlights: Kotak Securities

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


GUJARAT APOLLO LIMITED (GAL)
PRICE: RS.174
RECOMMENDATION: BUY
TARGET PRICE: RS.270
FY12E P/E: 6.8X

q NHAI has been sluggish in awarding fresh road projects vis-à-vis last
year. Pick up in NHAI and government spending is likely to spill over to
FY12. However, broader outlook for company's revenue growth remains
positive in medium to long term.
q Company is likely to report slippage in sales from FY11 to FY12 on account of elongated monsoon season this year and current slowdown in
NHAI activity for awarding new projects.
q Recently, from second half of third quarter, company has been observing
pick up in enquiries and orders from its key clients.
q We believe that the company would maintain its dominant position in
the domestic market. However we tweak our earning estimates downward to account for possible earning slippage and slight margin contraction due to increasing input prices.
q We remain positive on the road equipment sector as well as on the company and recommend 'BUY' with a one year DCF based price target of
Rs.270 (290 earlier).

Kotak Securities: Corporate,Economy & Business News: Jan 6, 2011

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


Economy News
4 Despite the volatility in global crude oil prices, the Government is trying
to prevent further increase in diesel, and cooking gasretail prices. The
Petroleum Minister, Mr Murli Deora, on Wednesday said that his Ministry
is not in favour of raising prices of these petroleum products. "We are
trying to see that there is no further price increase," the Minister told
reporters here adding that "If crude oil prices increase then something
has to be done, but we are doing our best to see that essential
commodity prices don't increase." (BL)

FII & DII trading activity on NSE and BSE as on 06-Jan-2011

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

FII trading activity on NSE and BSE on Capital Market Segment

The following is combined FII trading data across NSE and BSE collated on the basis of trades executed by FIIs on 06-Jan-2011.

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 06-Jan-2011 3274.86 3660.49 -385.63

 

Domestic Institutional Investors trading activity on NSE and BSE on Capital Market Segment

The following is combined Domestic Institutional Investors trading data across NSE and BSE collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System on 06-Jan-2011.

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 06-Jan-2011 1240.16 1578.21 -338.05

 

 

FII DERIVATIVES STATISTICS FOR 06-Jan-2011

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

FII DERIVATIVES STATISTICS FOR 06-Jan-2011
	BUY		SELL		OPEN INTEREST AT THE END OF THE DAY
	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores
INDEX FUTURES	52512	1593.47	48180	1462.85	415472	12511.17	130.62
INDEX OPTIONS	147442	4401.78	129286	3911.15	1275536	38382.67	490.63
STOCK FUTURES	44237	1311.01	61484	1744.84	1262264	34745.94	-433.84
STOCK OPTIONS	11124	352.06	11868	374.42	13796	423.24	-22.36
						Total	165.05

FII DERIVATIVES STATISTICS FOR 06-Jan-2011

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

FII DERIVATIVES STATISTICS FOR 06-Jan-2011
	BUY		SELL		OPEN INTEREST AT THE END OF THE DAY
	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores
INDEX FUTURES	52512	1593.47	48180	1462.85	415472	12511.17	130.62
INDEX OPTIONS	147442	4401.78	129286	3911.15	1275536	38382.67	490.63
STOCK FUTURES	44237	1311.01	61484	1744.84	1262264	34745.94	-433.84
STOCK OPTIONS	11124	352.06	11868	374.42	13796	423.24	-22.36
						Total	165.05

 

 

C Mahendra Exports: Oversubscribed 2.78x; QIB 1x; HNI 3.9x; Retail 4.8x

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


C. MAHENDRA EXPORTS LIMITED

Total Issue Size	15000000
Total Bids Received	41739000
Total Bids Received at Cut-off Price	22332360
No. of times issue is subscribed	2.78

Sr.No.	Category	No.of shares offered/reserved	No. of shares bid for	No. of times of total meant for the category
1	Qualified Institutional Buyers (QIBs)	7500000	7623480	1.02
1(a)	Foreign Institutional Investors (FIIs)		7623480
1(b)	Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)		0
1(c)	Mutual Funds		0
1(d)	Others		0
2	Non Institutional Investors	2250000	8819580	3.92
2(a)	Corporates		3993660
2(b)	Individuals (Other than RIIs)		4735020
2(c)	Others		90900
3	Retail Individual Investors (RIIs)	5250000	25295940	4.82
3(a)	Cut Off		22332360
3(b)	Price Bids		2963580

Updated as on 06 January 2011 at 1745 hrs