Winning Strokes: Think Different

PVP Ventures Ltd (Rs.9.62) recommended around Rs.8.25 and then again at around Rs.6.50, made a new 52-week High (adjusted) of Rs.11.59 on 12/09/2014. I hope most of you have made money from this call. 

Yesterday, IVRCL Ltd was recommended as a fresh buy at around Rs.17.90, the scrip today touched Rs.18.90, before cooling down at Rs.18.60. The government of India is expected to ease norms for FDI in the construction sector--IVRCL Ltd (Rs.18.60), HCC Ltd (Rs.36.15), Punj Lloyd Ltd (Rs.40.55), etc. could be some of the biggest beneficiaries. Meanwhile, according to the Indian Express, 10 September, 2014: 

A  year after starting the tendering process for the Colaba-Bandra-Seepz Metro, billed to be the country’s longest underground Metro rail corridor, the Mumbai Metro Rail Corporation (MMRC) has now finalised a list of nine consortia eligible for financial bidding after scrutinising pre-qualification tenders. Intending to finalise contracts and start work by the year-end, the MMRC will issue Requests for Proposals (RFP) to the nine pre-qualified firms in the next few days. A total of 14 consortia had submitted pre-qualification bids for the Colaba-Bandra-Seepz Metro. The nine consortia declared eligible are AFCONS Infrastructure Ltd-Kyivmetrobud, DOGUS-SOMA, CEC-ITD Cementation India-Tata Projects Ltd, IL&FS Engineering and Construction-China Railway 25th Bureau Group, J Kumar Infraprojects-China Railway Engineering Group Co, Larsen & Toubro-Shanghai Tunnel Engineering Company, OSJC Moscow Metrostroy-Hindustan Construction Company, Pratibha Industries-Guandong Yuantian Engineering and Unity Infraprojects Ltd-IVRCL Ltd-China Railway Tunnel Group.

Today Kolte-Patil Developers Ltd was recommended to the Paid Groups around Rs.190-193. The scrip today closed flat at Rs.189.80.

Today, Oswal Greentech Ltd (Bindal Agro) touched Rs.34.35, before closing at Rs.33.45. The scrip today moved up with good volume. The real estate and investment related scrips are expected to shine in the coming days, due to obvious reasons. Moreover, the name of the company Oswal Chemicals & Fertilizers Limited did not match the activities of the company. Therefore, the company had changed the name of the company to “OSWAL GREENTECH LIMITED”. The changed name of the company was confirmed and recorded by the Registrar of the Company, Punjab w.e.f. 23rd November 2011.

Western India Shipyard Ltd today moved by more than 6% and closed at Rs.1.89. The company is likely to get benefited from the commencement of mining in Goa. Once the mining starts in Goa, then the whole of mining and shipping sectors, would get tremendous sentimental boost. 

I have already said this a number of times earlier in various platforms, and is again reiterating: The shares from the Indian Auto sector are highly overvalued (Industry P/E is more than 248) according to my estimates, but still most of them are rising, SURPRISINGLY. It reminds me of DOTCOM CRASH in 1999-2000, when also the IT sector valuations were thought to be invincible; before everything crumbled like NINE PINS. 
Yesterday,  HDIL was recommended at Rs.86.25, to the Premium Service members. The scrip today touched Rs.93.90 Intra-day, before closing at Rs.93.40, up 9.24%.