Dec 31, 2011

HAPPY NEW YEAR 2012

Shans

TAX SAVING INFRA BONDS

logoREC   and    logoifci

Long Term Infrastructure Bonds are the two issues currently open for subscription.

The Long Term Infra bonds are eligible for deduction under section 80 CCF of the Income Tax Act 1961.

The benefit under section 80 CCF is limited to Rs.20,000/


COMPANY

REC

IFCI

FACE VALUE (Rs.)

5000

5000

INT RATE (%)

8.95  & 9.15

9.09 & 9.16

INT.PAYMENT

ANNUAL & CUMULATIVE

ANNUAL & CUMULATIVE

ISSUE DATE

19.12.11 to 10.02.12

30.11.11 to 16.01.12

MODE OF HOLDING

DEMAT & PHYSICAL

DEMAT & PHYSICAL

Interest rates are for 10yrs and 15yrs respectively

HAPPY INVESTING

Dec 26, 2011

NHAI TAX FREE BONDS

The National Highways Authority of India (NHAI) is an autonomous authority of  Government of India under the Ministry of Road Transport and Highways.

NHAI is launching their public issue of TAX FREE BONDS – Tranche I.

The Public issue of TAX-FREE SECURED  REDEEMABLE NON-CONVERTIBLE BONDS opens on 28th Dec, 2011.

The Interest on these bonds are FULLY EXEMPT from Income Tax. This means the income will not form part of Taxable Income.

The Bonds Details are:


FACE VALUE

Rs. 1000/-

INTEREST RATE

8.20% 10 yrs and 8.30% 15 Yrs

RATING

CRISIL AAA / CARE AAA / FITCH AAA

TENURE

10 yrs AND 15 yrs

LIQUIDITY

LISTING IN BSE & NSE

MODE

BOTH PHYSICAL & DEMAT FORM

MINIMUM

Rs. 50,000/-

TAX TREATMENT

INCOME IS TAX FREE HENCE NO TDS.

ISSUE PERIOD

28th Dec’11 to 11th Jan’ 12

 

HAPPY INVESTING.

Dec 18, 2011

Mutual Fund Select

Recommended Mutual Fund Schemes.

These recommendations are based on past returns.

Past returns does not guarantee any kind of returns in future but these funds returns are consistent.

SENSEX was down and on 16th Dec it closed at 15491 points.

INVEST now.

Fund NAV Date: (Growth Option) 16th Dec’11 and Returns on Percentage


FUND


NAV


3 MONTHS


1 YEAR


3 YEARS


HDFC EQUITY


222.787


-6.73


-20.85


28.49


HDFC TOP 200


173.132


-5.19


-18.66


25.31


FIDELITY EQUITY


30.408


-4.67


-15.10


25.34


ICICI PRU DYNAMIC


90.453


-2.93


-14.66


24.03


FRANKLIN INDIA PRIMA PLUS


193.866


-4.43


-11.66


21.91

 

HAPPY INVESTING

Dec 17, 2011

THAPASVINI

2008_0810Karnool0080

SUDDHANANDA THAPOVANAM  is a trust, striving to provide FIVE Sevas – AMIRTHA (Food), VIDYA (Education), VAIDYA (Health care), GYANA (Spirituality) and PARKRUTI (Nature).

The SUDDHANANDA THAPOVANAM Ashram is situated 12 kms from GUDUR, Andhra Pradesh,India.

There are 14 villages with almost 5500 families around SUDDHANANDA THAPOVANAM.

VISIT SUDDHANANDA THAPOVANAM AND DONATE.

HAPPY LIVING.

Dec 1, 2011

Income Tax Rates 2012-13

Income Tax slabs for Assessment Year 2012-13.


Up to Rs. 1,80,000


Nil

Rs.1,80,001 to Rs. 5,00,000


10%

Rs. 5,00,001 to Rs. 8,00,000


20%

Above Rs. 8,00,000


30%

 

For Women Tax Payers  Up to Rs. 1,90,000  Nil.   The remaining slabs are same.

For Senior Citizens above 60 years Up to Rs. 2,50,000 Nil.  The remaining slabs are same.

For Senior Citizens above 80 years Up to Rs. 5,00,000 Nil.  The Remaining slabs are same.

Relevant Financial Year is 2011-12 (1st April 2011 to 31st March 2012).

Senior Citizens should have attained the Age anytime during the Financial Year.

HAPPY EARNING / HAPPY INVESTING / HAPPY SAVING

Nov 25, 2011

L&T Infra Tax Saving Bonds

The Tax Saving Long Term Infrastructure Bonds issue is open now.

The issuer is L&T INFRASTRUCTURE FINANCE COMPANY LTD.

The Bonds are in the nature of Secured, Redeemable Non-Convertible Debentures.

Tax Benefits up to Rs. 20,000/ under section 80 CCF of the IT Act1961.

Details of the issue:


Face value


Rs. 1000

Interest  Rate


9%

Interest Payment


Annual and Cumulative

Tenure


10 Years with Buyback option after 5yrs and 7yrs 

Minimum


5 Bonds (Rs.5000) and in multiples of 1 bond there after

Listing


Yes, with BSE after 5 yr Lock in period


Issue Period

25th November 2011
to
24th December 2011

Invest and avail tax benefits under section 80 CCF of the IT Act 1961.

Happy Investing

IDFC INFRA BONDS

 

IDFC has come out with the TRENCHE I Tax Saving

Long Term Infrastructure Bonds issue.

 

These are Secured, Redeemable and Non-Convertible Bonds with Tax benefits under section 80 CCF of the Income tax Act 1961.

Under section 80CCF of the IT act 1961, you may deduct up to Rs.20,000/ from your total income.

This is besides the Rs.1,00,000/ limit under section 80C.

By investing you may save up to Rs.6,180/ on Tax.

Issue Details


Tranche 1 Bonds Series

1

2

Face Value & Issue price

Rs.5000

Rs.5000

Interest Rate

9%

9%

Interest payment

Annual

Cumulative

Tenure

10 years

10 years

Buyback Facility

Yes

Yes

Lock in Period

5 yrs

5 yrs

Minimum Application

2 Bonds

2 Bonds

Listing

Yes after 5 yrs

Yes after 5 yrs

 

Invest and save tax.

HAAPY INVESTING

Nov 5, 2011

West Indies in India - 2011

Cricket Schedule:
West Indies will play 3 tests and 5 ODIs in India during Nov – Dec 2011.

TEST MATCH


1st TEST

 
Nov 6th to Nov 10th
 
Sun - Thu
 
Delhi – Feroz Shah Kotla

2nd TEST


Nov 14th to Nov18
 

Mon - Fri

Kolkata – Eden Gardens

3rd TEST


Nov 22nd to Nov 26th

Tue - Sat

Mumbai  - Wankhede

 

ODIs


1st ODI

Nov 29th

Tuesday

CUTTACK

2nd ODI

Dec 2nd

Friday

VISAKHPATNAM

3rd ODI

Dec 5th

Monday

AHMEDABAD

4th ODI

Dec 8th

Thursday

INDORE

5th ODI

Dec 11th

Sunday

CHENNAI

 

HAPPY VIEWING

Fixed Deposit Rates November 2011


Fixed Deposit Rates of some of the Companies
Rates are for 24 months and 36 Months in Percentage

APOLLO HOSPITALS                               9.25   and   9.50

ALEMBIC PHARMA                                  9.00

CEAT LTD                                             10.00   and  10.50

JAIPRAKSH ASSOCIATES                     12.00   and    12.50

MAHINDRA & MAHINDRA                                            9.75

UNITED SPRITS                                    11.50             

HDFC LTD                                              9.65   and  9.75

ICICI HOME FINANCE                            9.00               

LIC HOUSING FINANCE                         9.25             

SHRIRAM TRANSPORT FINANCE           9.75   and   10.75

MAHINDRA & MAHINDRA FINANCE     10.25  and    10.50

HAPPY INVESTING            
 

Nov 3, 2011

Infrastructure Bonds

Long Term Infrastructure Bonds are issued by Infrastructure Finance Companies.

Government of India is offering Tax Benefit to Investors to facilitate growth in that sector.

Investors can avail Tax Benefit up to Rs 20,000/ u/s 80CCF of the Income tax Act,1961.

This is besides the 1,00,000/- u/s 80C of IT Act 1961 and these Infra Bonds are the only product eligible under this section.

You save Rs  6180/ on Tax if you are in the highest tax bracket on an investment of Rs 20,000/.

Normally the Interest rate is around 8.25% to 9% . The term is 7 years to 15 years with option to withdraw after 5years.

Bonds will be traded in the exchanges after the initial lock in period of 5 years.

You have options to hold in  Demat or Physical form.

The interest is taxable and is to be included under Other Sources of Income as Interest Income.

Expected Issues:

IDFC / IFCI / LIC / L&T / PFC / IIFL / REC

IFCI is open Now.

HAPPY INVESTING

Oct 29, 2011

Holidays 2012 - Tamilnadu

Tamil Nadu Government has announced Holidays list for the year 2012 under Negotiable Instruments Act.


Sl.No

Festival

Date

Day
1 New Year’s Day 01.01.2012 Sunday
2 Pongal 15.01.2012 Sunday
3 Thiruvalluvar Day 16.01.2012 Monday
4 Uzhavar Thirunal 17.01.2012 Tuesday
5 Republic Day 26.01.2012 Thursday
6 Meelad-un-Nabi 05.02.2012 Sunday
7 Telugu New Year’s Day 23.03.2012 Friday
8 Annual Closing of Accounts for Banks 02.04.2012 Monday
9 Mahaveer Jayanthi 05.04.2012 Thursday
10 Good Friday 06.04.2012 Friday
11 Tamil New Year’s Day 13.04.2012 Friday
12 Dr B R Ambedkar Birth day 14.04.2012 Saturday
13 May day 01.05.2012 Tuesday
14 Independance day 15.08.2012 Wednesday
15 Ramzan 20.08.2012 Monday
16 Krishna Jayanthi 08.09.2012 Saturday
17 Vinayakar Chathurthi 19.09.2012 Wednesday
18 Half Yearly a/c Closing for Banks 29.09.2012 Saturday
19 Gandhi Jayanthi 02.10.2012 Tuesday
20 Ayutha Pooja 23.10.2012 Tuesday
21 Vijaya Dasami 24.10.2012 Wednesday
22 Bakrid 27.10.2012 Saturday
23 Deepavali 13.11.2012 Tuesday
24 Muharram 25.11.2012 Sunday
25 Christmas 25.12.2012 Tuesday

HAPPY HOLIDAYS

HAVE A GREAT YEAR and ENJOY.

Oct 25, 2011

A Look at GOLD ETF

HAPPY DIWALI.

Buy GOLD this DIWALI.

There is a special (MUHURAT) Trading on Diwali Day (26/11/2011) for 90 minutes from 4.30 pm to 6 pm.

Use this opportunity to start Trading and Create Wealth.

 

AMC

I DIRECT CODE

18th FEB’11

25th OCT’11

52 Week High

BENCHMARK

GOLDEX

1995

2577.35

2778

HDFC

HDFGOL

2028

2628.45

2900

ICICI

ICIETF

2040

2635.11

2900

KOTAK

KOTGOL

1989

2579.80

2919

QUANTUM

QUGOLD

990

1287.55

1420

RELIGARE

RELETF

2070

2651.1

2886

RELIANCE

RELGOL

1928

2512.80

2725

SBI

SBGETS

2020

2627.50

2983

UTI

UTGOLD

1992

2581.95

2775

 

HAPPY TRADING                             HAPPY DIWALI.

GOLD ETF - MUHURAT

Invest in Gold this Diwali.

Celebrate DIWALI with GOLD.

CREATE WEALTH. Let this be a great beginning. . .

BUY ON MUHURAT TRADING.

Both markets (BSE & NSE)will have a 90 minutes trading between 4.30 pm to 6.30 pm on Wednesday, the 26th October 2011.

This is a tradition being performed for years.

Most traders buy on this day.

It is in a way welcoming the new year ‘SAMVAT 2068’.

Buy Gold ETF on this Auspicious Special day’s Trading.

HAPPY TYRADING. HAPPY BEGINNING

WISH YOU ALL A VERY VERY  HAPPY DIWALI.

WISH

wish every one

A VERY VERY

HAPPY DEEPAVALI

Wish

Oct 11, 2011

Bilbao Masters 9th Round

9th Round Bilbao Masters results were unexpected  

and shocked spectators. (me more than anyone.)

Carlsen beat Ivanchuk

Vallejo beat Nakamura

Aronian beat Anand.

Final 10th Round Schedule

Ivanchuk vs Aronian

Anand vs Vallejo

Nakamura vs Carlsen

Scores After 9th Round

Carlsen 14
Ivanchuk 14
Nakamura 11
Aronian 11
Vallejo 10
Anand 9

Follow live action  in PLAY CHESS

HAPPY FOLLOWING

Oct 10, 2011

BILBAO MASTERS 2011

STANDINGS AFTER 8th ROUND


IVANCHUK

14

CARLSEN

11

NAKAMURA

11

ANAND

9

ARONIAN

8

VALLEJO

7
 
 
 
HAPPY FOLLOWING

Oct 4, 2011

England Tour of India 2011

England will play 5 ODIs and a T20 in India in October  2011.

All matches are Day Night starting at 2.30 pm  India time.


14-10-2011
Hyderabad 14.30

17-10-2011
Delhi
14.30

20-10-2011
Mohali 14.30

23-10-2011
Mumbai 14.30

26-10-2011
Kolkata 14.30

29-10-2011
Kolkata 20.00

 

HAPPY VIEWING

Oct 2, 2011

Sao Paulo 2011

Bilbao chess masters 2011

The 2011 Bilbao Chess Masters Final will be played in 2 stages

with top 6 Players fighting it out for the top. Its Double Round Robin.

The top 6,

Viswanathan Anand (2817) of India,

Magnus Carlsen (2823) of Norway,

Levon Aronian (2807) of Armenia,

Vasily Ivanchuk (2765) of Ukraine,

Hikaru Nakamura (2753) of USA and

 Francisco Vallejo (2716) of Spain will play each other Twice.

The first 5 rounds will be played in the Beautiful Ibirapuera park in Saupaulo, Brazil. Its  open park. Players will sit inside Glass Cubicles.

The rounds 6 – 10 will be played in Alhondiga, Bilbao, Spain.

Results of Round 5


Viswanathan Anand

Levon Aronian

Draw

Hikaru Nakamura

Francisco Vallejo

Nakamura Won

Vasili Ivanchuk

Magnus Carlsen

Carlsen Won

Scores after round 5


Vasili Ivanchuk

10

Hikaru Nakamura

7

Viswanathan Anand

6

Magnus Carlsen


6

Levon Aronian


6

Francisco Vallejo


3

 

Round 6 will start on 6th October.

ENJOY THE GAME.

All the best to all 6.

Repeat

This was first written on 2nd Oct 2009. am repeating it.

I feel, on this Special Day, remembering him is must for every Indian.

He was and is inspiration for many world Top leaders and also to many Individuals. (Martin Luther King to Obama, Beatles to MJ).

I would like to present here the song “They Killed Him” from album ‘knocked Out Loaded’ first written by Kris Kristofferson.

My God, they killed him
There was a man named Mahatma Gandhi
He would not bow down he would not fight
He knew the deal was down and dirty
and nothing wrong could make it right away
But he knew his duty and the price he had to pay
Just another holy man who tried to be a friend
My God, they killed him !

Thanks TOI

WISH

happy-gandhi-jayanti

MAHATMA’S QUOTES

“YOU BE THE CHANGE YOU WISH TO SEE IN THE WORLD”

“The best way to find yourself is to lose yourself in the service of others.”

“Whenever you are confronted with an opponent. Conquer him with love”

“The weak can never forgive. Forgiveness is the attribute of the strong.”

“An error does not become truth by reason of multiplied propagation, nor does truth become error because nobody sees it.”

“Prayer is not asking. It is a longing of the soul. It is daily admission of one's weakness. It is better in prayer to have a heart without words than words without a heart.”

“Live as if you were to die tomorrow. Learn as if you were to live forever.”

“Before the throne of the Almighty, man will be judged not by his acts but by his intentions. For God alone reads our hearts.”

“First they ignore you, then they laugh at you, then they fight you, then you win.”

“My life is my message.”

2nd October,2011

The International Day of Non-Violence.

Even showing anger is violence.

Sep 27, 2011

Buy at every Fall

why you should buy at every fall in the market.

A table of some sample shares will show how much you miss. . .

you should invest 25% to 30% of your investible money when there is a fall of more than 3% in the index. (not always working. . .)

 

STOCK

I DIR CODE

23rd Sep

26th Sep

27th Sep

COAL INDIA COALIN 366.2 346.2 358.15
EDUCOMP SOLU EDUSOL 216.65 218.35 223.9
IDFC IDFC 109.3 109.25 112.15
INFOSYS INFTEC 2340 2355 2446
L&T LARTOU 1452 1428.7 1446
ONGC ONGC 257.8 254.7 258.75
SHRIRAM SHRTRA 603.85 599.65 612.1
TECH MAHIN TECMAH 625.25 603.25 610.2

 

HAPPY TRADING

Aug 21, 2011

GOLD ETF

A comparison of prices of GOLD ETF on two different dates.

AMC

I DIRECT CODE

18th FEB’11

19th AUG’11

RETURN
IN %

BENCHMARK

GOLDEX

1995

2698

35

HDFC

HDFGOL

2028

2773

37

ICICI

ICIETF

2040

2759

35

KOTAK

KOTGOL

1989

2694

35

QUANTUM

QUGOLD

990

1341

35

RELIGARE

RELETF

2070

2799

35

RELIANCE

RELGOL

1928

2574

33

SBI

SBGETS

2020

2811

39

UTI

UTGOLD

1992

2702

36

 

As per the closing price on 19th August’11 SBI GETS gave 39% return over a period of SIX months.

HAPPY TRADING

SBI GOLD FUND

SBI Mutual Fund came out with a NFO (New Fund Offer)

SBI GOLD FUND  NFO period Aug 22 to Sep 05, 2011

SBI GOLD  FUND is an open ended Fund of Fund scheme that invests predominantly in the units of SBI GETS  (SBI Gold Exchange Traded Scheme).

The SBI Gets is the highest performed ETF as of August 2011 giving a return of 28% in the last 6 months.

SBI GOLD FUND gives opportunity for investors to invest in purest form of GOLD with all the  GOLD ETF advantage without the trouble having a DEMAT account. Its best for a common man to invest in GOLD in small quantity.

Minimum Investment: Rs 5000

SIP Minimum: Rs 500/ for 12 months and above.

Fund Manager: Mr. Raviprakash Sharma

You may invest thro SIP also.

Invest in this fund.

HAAPY TRADING

Aug 19, 2011

Time to START Share Trading

The share market is falling. 

SENSEX closed at 16142 on 19th August.(intraday low was 15991).

In general people feel bad, when market falls irrespective of their holdings value, instead be happy and BUY.

EVERY FALL IS AN OPPORTUNITY TO BUY.

Please understand it is just notional value.

Be happy if you are a long term player and start buying whenever there is a fall.

For New Entrants, this may be a great opportunity to start equity trading.

I am rewriting my earlier post.

  • Prepare a watch list of 5 to 10 companies Shares.
  • To prepare this 'watch list' watch Business TVs, Talk to your friends who is in trading or your Broker. 
  • Note down the closing prices of these cos in an excel sheet for 10 days.
  • This will give you an idea about the price movements in the watch list.
    Start buying when it is stabilizing at a price.
  • keep watching.
  • Fix a target price and book profit when it reaches the price target.
  • Book profit and enjoy,  this will motivate you to do more trading.
  • Spend at least 30 minutes in a trading day.
  • Do trading with passion and multiply your money.

HAPPY TRADING

Aug 16, 2011

GOLD ETF

GOLD ETF CLOSING PRICE 16/08/2011
          AMC                                     05/01/2011                   16/08/2011
  • BENCHMARK                           1992                               2535.33                                   
  • HDFC                                      2040                              2596.64
  • ICICI                                      2045                              2596 
  • KOTAK                                    1991                              2529.85
  • QUANTUM                                 991                              1260
  • RELIGARE                                2070                             2615
  • RELIANCE                               1936                              2469.56
  • SBI                                          2032                             2587.35
  • UTI                                          1993                             2530.32
HAPPY TRADING

Aug 12, 2011

L&T Fin Holdings Listing

 

L&T Finance Holdings Ltd shares were listed today.

The share opened at Rs 53.85 and 51 at NSE and BSE respectively.

The issue price was Rs 52/

HAPPY TRADING

Aug 10, 2011

STOCK TRADING TIPS

BUY AT CURRENT LEVELS

L & T

ONGC

ITC

HINDUSTAN LEVER

LUPIN

LIC HOUSING FINANCE

SHRIRAM TRANSPORT FINANCE

HAPPY TRADING

Aug 9, 2011

L&T F H IPO allotment status



L&T Finance Holdings IPO’s  basis of allotment is finalized. Shares were credited to respective demat accounts.

However the details are not yet updated in the  Registrar website.
But one may check status at Registrar site or in their demat account.

The Issue was closed on 29th July’11.

It was oversubscribed 5.34 times, while  Retail portion was subscribed 9.61 times more.

The share price was fixed at Rs.52/


HAPPY TRADING

Jul 29, 2011

STOCK WATCH

WATCH
SHRIRAM TRANSPORT FINANCE CO LTD
ONGC
Buy on every fall.

Price Performance            Close               52 Week
                                             29th             High         Low
Shriram (STFC)                          640.80                899.90             588
ONGC                                          268.65                368                  227                                

Jul 28, 2011

L& T Fin Holdings IPO Bid Details

L& T Finance Holdings IPO  Bid Details:

As Per NSE
Number of shares on offer:                       21,45,08,067

Bids Received for                                        16,41,84,800 shares.

In total 0.77%, Retail portion was subscribed 1.31 times .

BSE received bids for                                 9,65,96,200 shares.

In Total bids were received for              26,07,81,000 shares. (1.21%)

Issue closes on 29th July. (Tomorrow) 

Jul 27, 2011

L&T Financial Holdings IPO

All (Employees, Share Holders and Retail Applicants) 
can apply online thro ICICI Direct
(If you have I Direct account)

Jul 24, 2011

RAHUL DRAVID

The Wall and a Cool Gentle Man Mr RAHUL DRAVID
deserves more than a post in a blogger page..

He became the second highest  run getter in Test Cricket goes past Ricky Ponting and is now behind only Sachin.

Scoring a Century at Lords which he missed in 1996 on his Test Debut.  (thanks AFP for this still)

India avoided Follow on.

India lost just only once in a test match when Rahul Scores a century.

Highest Run Getters in TEST CRICKET

TENDULKAR                            14726 (51 Hundreds)
DRAVID                                      12417 (33 Hundreds)
PONTING                                   12363 (39 Hundreds)
LARA                                          11953 (34 Hundreds)
KALLIS                                       11947 (40 Hundreds)



INCOME TAX

Indian Income Tax Official Website

http://www.incometaxindia.gov.in/

E File Your Income Tax Returns

https://incometaxindiaefiling.gov.in/portal/index.jsp

Check Your REFUND Status

https://incometaxindiaefiling.gov.in/portal/Services.do?screen=cpcRefundStatus

Pay TAX Online

https://onlineservices.tin.nsdl.com/etaxnew/tdsnontds.jsp+-

Know Your Jurisdiction as per Your PAN

https://incometaxindiaefiling.gov.in/portal/common.do?screen=jurisdiction

Know Your TAX Credit (no need to wait for Form 16 or Form 16A) Cost Rs. 117 max.

http://tin-nsdl.com/panregistration.asp

Check KYC Compliance of your PAN

http://www.cvlindia.com/inquiry_kyc01.asp?id=submit

Apply PAN Online

http://tin.tin.nsdl.com/pan/index.html      (NSDL)

http://www.utitsl.co.in/utitsl/uti/newapp/newpanapplication.jsp   (UTITSL)

HAPPY FILING

Jul 22, 2011

RUSHIL DECOR LTD - stock watch


Rushil Decor Ltd  was incorporated on May 24, 1993 as "Rushil Decor Private Limited.
Became Public ltd company on December 4, 2007. Name changed to RUSHIL DECOR LTD.

Mr. Ghanshyambhai Ambalal Thakkar is the Promoter, Chairman and Whole Time Director.
Mr. Krupesh Ghanshyambhai Thakkar is the Managing Director.

They have more than 20years of experience in manufacture of  laminate.
Their product range.
  • Decorative Laminate Sheets
  • Industry laminate Sheets
  • Rushil Kitchen Door
  • Plain Particle Boards.
Rushil Decor:   IPO date 20th June2011 to 23rd June 2011.

Price Band Rs. 63 to Rs.72.

ICRA gave 2 rating on a 5 point scale for this IPO.

The issue was subscribed 2.62 times.

The price was fixed at Rs 72.

Listed on the exchange on 7th July.First day trading :
Opened at 81.25, Day Low 75, High 124 and closed at Rs 119.

On 13th July it reached Rs 164.80 intra day and closed at Rs155.

On 22nd July 2011 (today)!

NSE Open 203.40, High 203.40, Low 163.20, close 187.85.

Volume (Number of shares Traded) 1,17,01,577

HAPPY TRADING





SENSEX

Sensex closed at 18722 points up by 286 points.


Rushil Decor Ltd Rs 188.

Intraday High in NSE is Rs 203.4



L&T Finance Holdings Ltd IPO

LTFH - - L&T Finance Holdings IPO
 (Intial Public Offering)
Opens for retail investors on 27th July 2011.
Issue closes on 29th July.

LTFH is a subsidiary of Larsen & Toubro offering a diverse range of financial products and services through its four operating subsidiaries namely,
L&T Finance (into retail and corporate finance), L&T Infrastructure Finance, India Infrastructure Developers Ltd and L&T Investment Management Limited


The price band Rs 51 to Rs 59.(Face value Rs 10).

Issue size Rs 1245 crs.

Lot size 100 shares and in multibles of 100.

35% of net issue is reserved for Retail Investors.

There is reservation for L&T employees and share Holders.
(The company has also decided to offer a discount of Rs.2 to the issue price for eligible employees).

JM Financial Consultants, Citigroup Global Markets and HSBC Securities are the joint global co-ordinators and the book-running lead managers (BRLM) to the issue.
Credit Suisse Securities and Barclays Securities are the BRLMs while Equirus Capital is the co-BRLM.

The IPO has been given the highest grading five on five by both CRISIL and CARE indicating strong fundamentals.

Apply...




HAPPY INVESTING


Jul 21, 2011

SENSEX

SENSEX Closing:

Sensex down by 66 points and closed at 18436

Rushil Decor Ltd closed at Rs170.35

Jul 19, 2011

SENSEX

Sensex Closing

Sensex up by 147 points and closed for the day at 18564.

Rushil Decor Ltd closed at 141.45 down by 22.30

Jul 18, 2011

SENSEX

Sensex Closing
Sensex  Down by 55 points and closed for the day at 18507
Watch Rushil Decor Ltd. closing Price 163.75 (BSE)

Jul 13, 2011

CHESS

Chess World Championship 2012 to be held in CHENNAI.

Gentleman Grandmaster  from Chennai VISWANATHAN ANAND will Play Belarus born Israeli Chess Grandmaster BORIS ABRAMOVICH GELFAND in the World Chess championship 2012 at CHENNAI.

Market Watch

Market closed on a higher note. . .

SENSEX 18596 up 184 points

NIFTY 5585 UP 59 POINTS.

Top Gainers

Stock LTP Previous close Gain %
DLF 226.85 220.35 2.95
Mah & Mah 718.55 703.05 2.2
ONGC 287.05 281.50 1.97
Rel Ind 864.55 848.5 1.89
Tata Motors 1043.65 1024.7 1.85

HAPPY TRADING.

MAKE IT AS PASSION

Jun 22, 2011

SHRIRAM TRANSPORT NCD ISSUE

Shriram Transport Finance Company Limited is coming out with a public Issue of NCDs.

These are Secured Non Convertible Debentures.

Issue size is Rs 500 Crs with an option to retain oversubscription upto Rs 500 Crs.

Rs 200 Crs is reserved for retail Investors (applying upto 5 lacs).

Issue is Opening on 27th June 2011 and Issue Closing on 9th July2011.                                                                                     The company has the option of closing on an earlier date if the Target amount is achieved.

INTEREST RATES

Detail

Option 1

Option 2

Face Value Rs 1000

Rs1000

Min Appln 10 NCDs (Rs 10,000) 10 NCDs (Rs 10,000)
Rate ( Reserved Individual ) 11.60% pa 11.35%
Tenor 60 months 36 months
Put / Call Option at the end of 48 months Nil
Rating Crisil – AA / Stable
Care - AA+
Crisil – AA/Stable
Care - AA+

NCD’s are proposed to be listed in the National Stock Exchange.

Allotment in Demat form only.

Prepared from information publicly available to me without independent verification.