18…16…14….Mumbai Shivers……Cold Vibes from Stocks too

It’s been cold in Mumbai past few nights….heavy woollies are out…..Temperature dropped to 14.6 the other night….sending shivers through Mumbaikars……and as 2010 draws to a close,most Stock Experts in their solemn guises advice looking forward to 2011…regardless of what losses you may have strewn behind in 2010 !……Markets are giving cold vibes too….2011 should thus begin on a solemn note…more on this later

Cheers !

P S : Apologise for a week’s silence on the blog…especially to Rudra who pointed this out to me….was out of town awhile and then returned to a chilly Mumbai…just getting warmed up again…and yes Adwaithe,thanks for the appreciation for the Emami Infra blog and I will look into SEL Manufacturing (FV Rs 10) at Rs 18/19…it’s dropped from Rs 107 earlier in the year !….makes helluva money,atleast shows it does, but gives no dividend…has loans of over Rs 900 crs…rising cotton prices are impacting operations…simply too many interlocked Corporate Governance issues too for the Salujas of Ludhiana who have promoted this Company….too many GDR Issues too…three within a year !….too many Bulk Deals….raises more questions than provides answers !