03 May 2010 Intraday Calls

03 May 2010 Market Morning Updates  08:47
Market will open weak because of global turmoil.
Nifty has support at 5210 & 5165.

Follow Sell Calls in negative market bias & v.v

Recommendations :
Buy BPCL sl 508 Target 532

Buy Infosystch sl 2721 Target 2768
Book profits ONGC Ref.
Buy Canbk sl 424 Target 440
Buy Hindpetro sl 312 Target 321
Buy Ibrealest sl 165 Target 176
Buy JSWSteel sl 1215 Target 1254
Buy Mphasis sl 673 Target 700
Buy Herohonda Above 1920 sl 1909 Target 1957 Positional
Buy Bhartiartl Above 302 sl 298 Target 308
Buy Ranbaxy Above 450 sl 444 Target 458
Buy Relcapital Above 747 sl 740 Target 760
Buy Crompgreav Above 265 sl 261 Target 269
Buy Glenmark Above 271 sl 267 Target 277
Buy HDIL Above 275 sl 271 Target 281
Buy Mcdowell-n Above 1270 sl 1257 Target 1297
Buy Tulip Above 850 sl 842 Target 865

Sell Ambujacem Below 120 sl 121 Target 118
Sell Axisbank sl 1279 Target 1252
Sell Hindalco Below 177 sl 180 Target 173
Sell ITC sl 268 Target 261
Sell JPAssociat Below 144 sl 148 Target 137 Positional
Sell Powergrid Below 109
Sell Bankindia sl 387 Target 370 / 364
Sell Colpal Below 733 sl 738 Target 724
Sell PFC sl 272 Target 265
Sell Unionbank Below 306 sl 310 Target 300
Sell Jisljaleqs Below 1073
Sell Orbitcorp Below 303 sl 309 Target 294

Stocks in News :
Results Today: Idea Cellular ,Century Enka ,Century Textile ,EDSERV SOFT , JSW Steel ,Kansai Nerolac ,Maharashtra Seam ,Maharashtra Seamless

Board Meet
HDFC : Stock Split
BSEL Infra Realty : Raising of Funds
Suryajyoti : Issue of warrants
Ex-Dates
Manappuram Gen : Bonus 1:1 & Stock Split 5:1 ( total 10:1)
5cr shares of Unitech hit the market ( FCCB Conversion)
Papers
Indiabulls stakes claim to Navi Mumbai plot, the 250 acres was won by Bhushan-Essel combine last year
Arcelor Mittal exploring tie-up with SAIIL
Shree Renuka’s Equipav buy faces dancer of falling through.
Textile exporters urge govt to restore duty drawback for export of cotton.
Future Group, Carrefour ink alliance deal.
IOC starts production of polymer, enters $7bn market controlled by RIL.
Exide strike to take spark off Hero Honda, sales likely to be down 10% MoM
Tara Health Food issue extended till May 5th (Was to close on Friday
Fuel prices may be freed soon.
Phillip Carbon : Raised Rs.99.2cr via QIP
Bajaj Hindusthan : Fitch has revised Long term rating from stable to negative
Era Infra : Bags Contracts valuing Rs. 101.79 Crores
NDTV : NDTV has dropped the plan the news & non news biz into separate entity
Radhe Developers : Approve rights issue worth Rs.125cr
Essar Energy's London IPO raises £1.27 bn
Tech Mahindra Q4

- Cons Net Sales At Rs 1,183.29 Cr Vs Rs 1,187.29 Cr (Down 0.39% QoQ)
- Cons Net Profit At Rs 226.9 Cr Vs Rs 172.78 Cr (up 31% QoQ)
TTML Q4:
- Net Sales At Rs 567.1 Cr Vs Rs 557.3 Cr (up 1.8% QoQ)
- Net Loss At Rs 64.3 Cr Vs Loss of Rs 103.3 Cr (QoQ)
Adani Power Q4
- Total Income at Rs.201.3cr vs Rs.233.6cr ( Down 12% YoY)
- PAT at Rs.97.5cr vs Rs.72.5cr ( up 34% YoY)
HEG Q4’FY10
- Sales at Rs.335cr vs Rs253.65cr (YoY)
- PAT at Rs.39.26cr vs Rs.24.13cr (YoY)
Tata Elxsi Q4
- Sales at Rs.106.7cr vs Rs.105.2cr ( Flat YoY)
- PAT at Rs.12.3cr vs Rs.23.12cr ( Down 46% YoY)
Liberty Shoes
- Sales at Rs.70.46cr vs Rs.66.42cr ( up 6% YoY)
- PAT at Rs2.8cr vs Rs.2.3cr ( up 21% YoY)
South Indian Bank Q4
- NII at Rs.80cr vs Rs.146cr ( down 44% YoY)
- PAT at Rs.38.6cr vs Rs.50.27cr ( Down 23% YoY)
Bank Of Maha Q4:
- NII at Rs 399 Cr vs Rs.285 ( up 40% YoY)
- Net Profit At Rs 139 Cr~Vs Rs 137 Cr ( up 1% YoY)
Viceroy Hotels Q4
- Sales at Rs.14.3cr vs Rs.13.38 ( up 7% YoY)
- Loss at Rs.1.29cr vs PAT of Rs.1.25cr (YoY)
Amtek Auto Q4
- Sales at Rs.340cr vs Rs.243cr ( up 39% YoY)
- PAT at Rs.42.4cr vs Rs.22.5cr ( up 85% YoY)
UCO Bank Q4:
- Net Profit At Rs 380 Cr Vs Rs 103 Cr (YoY)
- Net Interest Income At Rs 744 Cr Vs Rs 375 Cr (YoY)
Sona Koyo Q4
- Sales at Rs.241cr vs Rs.193cr ( up 24.8% YoY)
- PAT at Rs.10.6cr vs Loss of Rs.4.8cr
Kalindee Rail Q4
- Sales at Rs.60.7cr vs Rs.61.3cr
- PAT at Rs.3.6cr vs Rs.1.27cr
Alok Indus Q4
- Sales up 61.9% at Rs.1471cr
- PAT up 34% at Rs.95.3cr
Moser Baer Q4
- Sales at Rs.527cr vs Rs.471cr (YOY)
- PAT at Rs.6.3cr vs Rs.42.9cr ( YoY)
- Note : Q4'FY09 has exception items of 97cr
Reliance Capital FY10
- Income from operation at Rs.6110cr vs Rs.5939cr (YoY)
- PAT at Rs.434cr vs Rs.1015.7cr (YoY)
- Insurance biz loss increased & Fiance & investment EBIT lower by 60% (YoY)
Titan Q4FY10 YoY, Standalone
* Sales up 48.8% at Rs 1311.4cr Vs Rs 881.2cr
* OPM at 7.66% Vs 6.32%
* Net Profit up 84.3% at Rs 51.3cr Vs Rs 27.8cr
Bajaj Auto

- Motorcycles sales at 2.76L vs 1.49( up 84% YoY)
- 3 Wheelers 37,350 vs 18867 ( up 98% YoY)
- Exports stood at 1.13L vs 51,887 ( up 120% YoY) (Note : Highest ever sales)
Tata Motors (YoY)
- Total sales up 52% at 57202 vs 37518 units
- Exports up 150% at 3137 vs 1261 units
- CV sales up 36% at 30963 vs 22847 units
- LCV up 20% at 17806 units
- MHCV up 63% at 13157 units
Hero Honda
- YoY : Sales up 0.3% at 3.71 lk vs 3.70 lk units
- MoM : Sales down 10.5% at 3.71 lk vs 4.14 lk units
- Alert : 30% of HH total battery requirement from Exides Bawal plant where strike is on-going.
Maruti YoY
- Total sales up 30% at 93058 vs 71748 units
- Exports up 89% at 13024 vs 6891 units
- A2 segment up 20.5% at 56416 vs 46817 units
TVS Motor YoY
- Total 2 wheeler up 28% at 1.44 lk vs 1.13 lk units
- Exports up 90% at 19218 vs 10134 units
- Motorcycle up 24% at 66000 vs 53235 units
- Scooters up 43% at 26860 vs 18819 units

Discalimer:This document has been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.,Pune, India and is meant for use by the recipient only as an informative. This document is not to be reported or copied or made available to others without prior permission of iNTEGRITY. It should not be considered or taken as an offer to Buy or Sell or a solicitation to Buy or Sell any security. The information contained in this report other than recommendations has been obtained from sources that are considered to be reliable. However, iNTEGRITY has not independently verified the accuracy or completeness of the same. Neither iNTEGRITY nor any of its affiliates, business associates, its directors or its employees accept any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well as the market related investments are subject to market risk and volatility. The suitability or otherwise of any investments will depend upon the recipient's particular circumstances and, in case of doubt, advice should be sought from an independent expert/advisor. Either iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives may have position(s), make market, act as principal or engage in transactions of securities of companies referred to in this report and they may have used the research material prior and / or after to publication. The information shared in this blog may be and or may not be 100% perfect as it is being shared from many sources. It is recommended for the recipients to take their decisions according to re-verification of the shared information. No arguments and / or claims and / or objections will be entertained.






Our Contact Details :


Email : info@integrity.org.in


Call : +91 99750 60000


For Abroad Investors : +91 9371031008