The Hindu Business Line : Sunday, December 18, 2005

Investment Quiz
1. Name the electronic trading platform that has been acquired by the New York Stock Exchange? 2. Voltas, Peico, Premier Auto and Great Eastern Shipping: What distinction does this diversified group of stocks enjoy? 3. Who is the author ... More

OPEN OFFERS

Aroni Chemical: Accept
SHAREHOLDERS of Aroni Chemical Industries can consider accepting the open offer by Winro Commercial. Winro, part of the promoter group, is offering to pay Rs 66.8 (including interest of Rs 35.3 at 15 per cent for the ... More

AUTOMOBILES

Auto industry slows down
Buoyed by a 20 per cent growth in light commercials and a 14 per cent growth in two-wheelers and three-wheelers in the domestic market, the automobile industry recorded a 13 per cent growth during the first eight months of FY-06. The industry ... More

INSIGHT

Goodies in store for retail stocks
FOR those looking at retail stocks after, say, one year, the high valuations might seem absurd. Pantaloon, a top pick across several brokerage houses, has had a dream run on the bourses over the past two years, ... More

Mutual funds can do more for investors
BY ALL accounts, 2005 has been a wonderful year for investors in and managers of mutual funds. There has been a considerable increase in the assets under management of equity funds and profitability has thus increased for fund houses. Investors, ... More

COURTS/LEGAL ISSUES

Reality of actual loss
HERE is an unusual verdict in an accident case, where the court awarded more than what the claimant had appealed for: Manohar Madhukar Tambe vs Bhagubhai Liladhar, decided by the Gujarat High Court on October ... More

MUTUAL FUNDS

PruICICI Power: Hold
PRUICICI Power has been a consistent middle-of-the-road performer in the equity funds' category. As the returns compare well to most diversified funds, investors can retain their units in the fund. However, if this is ... More

DSP Merrill Opportunities: Invest
EXPOSURES may be considered in DSP Merrill Lynch Opportunities Fund, as it appears well placed to repeat its impressive performance over the past five years. The fund's portfolio tilt and composition hold promise and ... More

FMC permits MFs to invest in commodity futures

Mutual funds have been permitted by the Forward Market Commission to invest in gold, silver and oil futures. This will give investors the opportunity to hold select commodities in their portfolio. The regulation for the proposed ... More

STOCKS

IL&FS Investment Managers: Buy
INVESTMENTS may be considered in the stock of IL&FS Investment Managers at the prevailing price of Rs 125. The stock is now trading at a price-to-earnings (PE) multiple of 33 times its earnings for the 12-month . More

UTI Bank: Buy
AN INVESTMENT can be considered in UTI Bank. Given the growth recorded by the bank in the past several quarters and the continuing momentum, the stock's valuation is attractive. The bank's increasing thrust on the retail segment and a ... More

Aarti Industries: Buy
INVESTORS can consider taking exposures in the Aarti Industries stock which, at Rs 150, trades at 11 times its trailing 12-month earnings. The chemicals company is on investment mode and plans to raise about Rs 110 crore from the overseas ... More

TECHNICAL ANALYSIS

Bullish trend in indices
Preferred view: The index moved in line with last week's expectations. It ruled firm and also turned direction right at the target zone of 2820-2830 mentioned last week. After touching a high of 2825.65, the Nifty went into a ... More

Positive outlook for key pivotals
SBI (Rs 923): The price action during the week was devoid of any trend. After a positive trend in the early part of the week, the trend turned bearish on Thursday. The stock, however, staged a sharp recovery on Friday. The price ... More

Focus of the week
Sakthi Sugars (Rs 111): The stock was covered in this column earlier (edition dated September 18). The share price breached the then-mentioned stop-loss level of Rs 90 and dropped to a low Rs 68. The stock went into a much deeper ... More

Query corner
A few weeks ago, you expressed a bearish view on Tata Motors, but the stock has moved up in the recent weeks. What is your view now? Tata Motors (Rs 619.2): Contrary to the bearish view expressed earlier (edition dated October ... More

CARS

WHEEL 'N DEALS

Special offer on Scorpio
TO CELEBRATE the third anniversary of the launch of Scorpio, Mahindra & Mahindra is offering the SUV at Rs 6.3 lakh. The special offer, however, is available only at select dealerships and has been clubbed with ... More

Maruti Insurance ramps up sales
Maruti Insurance, the tie up between Maruti and four insurers, has sold more than two million insurance policies. The first million took 30 months, the second was crossed in a record 13 months. Maruti Insurance serves as a one-stop shop for its ... More

Improvements in vehicle quality
According to a study by J. D. Power Asia, initial quality of vehicles is reported to have improved. The study, in its ninth year, incorporates 135 problems said to affect the quality of a vehicle. The Initial Quality Study states that the ... More

Let's meet Laura
AFTER launching the turbo-diesel SkodaSuperb in October, SkodaAuto has pulled the wraps off its next, completely new, hi-tech diesel offering for the Indian market. True to its reputation of being a technology ... More

If you're adventurous, go for it
I recently purchased the Hyundai Getz GLS. I would like to upsize the 13-inch steel rims that come with the car with new 14-inch alloys. Does upsizing have any disadvantages? I am also interested in changing the ... More

TWO/THREE WHEELERS

Zooming in on the new Kinetic 4S
THE Kinetic Zoom, the Pune-based company's original two-wheeler and one of its better selling scooter models, has long last got the four-stroke upgrade. While the veteran Kinetic Zoom ZX will continue to come in ... More

STOCK MARKETS

Time diversification
ONE OF my friends has been trading in equity for more than 20 years. A person who has been at it that long typically tends to become over-confident. This can lead to bad trades. My friend practices time diversification. He believes that this ... More

DERIVATIVES MARKETS

Nifty may break out either way
For the week ahead, we expect the Nifty to exhibit a volatile trend as sentiment indicators such as implied volatility and put/call ratio point towards that possibility. More

Options guide

FIXED DEPOSITS

FD OPTIONS
Jindal Steel and Power: Invest in one-year option
Jindal Steel and Power: Investments in the fixed deposit scheme of Jindal Steel and Power can be considered with a one-year perspective. The interest rates offered are 7 per cent for one year, 7.25 per cent for two and 7.5 per cent for ... More

INTERVIEW

`Become big in one format'
SHOPPERS' Stop has been expanding its footprint even as it has started to experiment with different retail formats. Mr B. S. Nagesh, the Managing Director and Chief Executive Officer of the company has been at the forefront of its initiatives. ... More

FDI in retail will not displace labour — Mr B.S. Nagesh, CEO, Shoppers' Stop
By now, there have been several arguments for and against FDI in retail in a debate that has attracted wide-ranging participation. But few have gone to such lengths to articulate their arguments on the subject as has Mr B. S. ... More

INCOME TAX

A taxing pilgrimage
MY WIFE and I travelled on LTA to different parts of the country.. We travelled from Haridwar to Rishikesh by car. Will the expense paid by way of car rental qualify for exemption under Section 10(5)? Will boarding and lodging expenses qualify ... More

Managing MBA fees
I AM a pensioner. My son is pursuing his MBA in a business school in India. He is now in his second year and the fees for the year will be Rs 80,000. He has so far paid all his fee out of borrowed funds. In the current year I propose to pay the ... More

IPOS

Educomp Solutions: Avoid
INVESTORS can refrain from subscribing to the book-built initial public offer by Educomp Solutions (Educomp). At the upper end of the price band of Rs 110-125 per share, the price-earnings multiple works out to 17 times ... More

Bartronics India: Invest at cut-off
AN investment can be considered in the initial public offering of Bartronics India as it has immense growth potential; it offers product-tracking services that are likely to play an increasingly important role with ... More

Celebrity Fashions: Invest at cut-off
AN investment can be considered in the initial public offer of Celebrity Fashions. A substantial ramp up in revenues is in the offing, as Celebrity recently signed a memorandum of understanding with Ambattur Clothing to ... More

PUBLIC OFFER

Ginni Filaments: Weave it in
INVESTORS can subscribe to the seasoned public offer of Ginni Filaments. The price band of Rs 19-22 is at more than 50 per cent discount to the prevailing market price of Rs 35. At the upper end of the price band, ... More

BOOKS

No expense is too small to record
CHECK if any of the following statements apply to you: "More than 15 per cent of your take-monthly home pay goes toward your debts. You can only afford to pay the minimum due on your credit cards each month... You have little or nothing in ... More

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Goodies in store for retail stocks

Bullish trend in indices

Mutual funds can do more for investors

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FDI in retail sector

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India Inc's overseas acquisition