Technicals:: Zylog Systems, Sabero Organics, ICICI Bank, Novartis, Renaissance Jewellery, Tulip Telecom :: Business Line

 

Go for bull call spread in Nifty :: Business Line

  

PC Jeweller: Invest In IPO :: Business Line

Investors with a high-risk perspective can subscribe to the initial public offering (IPO) of jewellery retailer PC Jeweller. The Delhi-based company, a major large-format player in North and Central India, has scaled up from 3 showrooms in FY-08 to 30 in 23 cities currently.

It plans to raise between Rs 556 crore to Rs 601 crore, most of which will be used to set up an additional 20 showrooms across the country by FY-14. At the price band of Rs 125- 135 per share and considering the 5 per cent discount for retail investors, the stock discounts its annualised FY-13 earnings by around 7.5 – 8 times.

This is lower than what peers such as Tara Jewels, Thangamayil Jewellery, Gitanjali Gems and TBZ trade at (between 8.5 to 30 times).

Tax Talk - Dec 10- :: Business Line

I plan to go for an MBA and want to take a loan for it. What are the tax benefits available on the loan? Does my father also get the benefits in case he takes the loan?

- Sachin

Bharti Infratel – IPO: Invest (At Lower End) :: Business Line

Dec 9: Technicals -Reliance Industries, SBI, Infosys, Tata Steel, :: Business Line

     

9 Dec, IPO, Grey market premium

IPO	Opening Dt	Closing Dt	Band	Retail Discount	Grey Market Premium
Veto			48-50	0	Discount
CARE	07-Dec-12	11-Dec-12	700 - 750	0	150
PC Jeweller Limited	10-Dec-12	12-Dec-12	125 - 135	5	10
BHARTI INFRATEL	11-Dec-12	14-Dec-12	210 - 240	10	Discount
Rural Electrification (REC) NCD	03-Dec-12	10-Dec-12	1000	0	80