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A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

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July 2010

Piramal Glass at Rs 95…MD increases holding through Market Purchase of 100000 shares

The MD of Piramal Glass (PG),Vijay Shah, has invested nearly another Rs One Crore by picking up One lakh Shares of PG on June 25,2010 when the Price ranged between Rs 93 and Rs 98 that day…..He now holds 7.19 lakh shares in PG…0.89% of the Equity of 8.04 crs shares……Interesting increase in Exposure PG …

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India is ‘Bandh’ today but Stock Markets are ‘Chalu’ !…Pun intended !

To Protest against the Congress led UPA Government’s recent decision to Hike Prices of Petroleum Products, the Opposition parties led by BJP and even joined by some UPA parties ! had announced a Bharat Bandh today….Political leaders are courting arrest…there is disruption in Road,Rail and Air Transport across the Nation….In Mumbai,Autos and Taxis are off …

India is ‘Bandh’ today but Stock Markets are ‘Chalu’ !…Pun intended ! Read More »

IFCI at Rs 58…..Interest Reviving yet again…Rs 100 + inside a year ?

Several Times I had strongly recommended IFCI as a multibagger….. starting at Rs 16 in December 2006….It raced to Rs 130 levels as the Government called for bids to sell a Strategic Stake in it….A Joint Bid by Sterlite and Morgan fell through as the Government was not transparent on Conversion of Institutional Debt to Equity ……this …

IFCI at Rs 58…..Interest Reviving yet again…Rs 100 + inside a year ? Read More »

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