Archive for the 'BHEL' Category

TATASTEEL,NTPC,BHEL,MARUTI, HINDUNILVR,ITC,NIRMA

October 25, 2008

TATASTEEL @ 178 (241008) gets 1516 pancha-tattva points and is very good to buy.

NTPC @ 130 (241008) gets 933 pancha-tattva points and you may accumulate it over time for long term.

BHEL @ 1099 (241008) gets 822 pancha-tattva points and should be bought as a second choice on down days only.

MARUTI @ 538 (241008) gets 868 pancha-tattva points and may be bought on declines for long term.

HINDUNILVR @ 226 (241008) gets 905 pancha-tattva points and you may buy this in regular course for long term.

ITC @ 158 (241008) gets 1020 pancha-tattva points and is perfectly OK for long term investment.

NIRMA @ 900 (241008) gets 1018 pancha-tattva points and is good for investment for medium term.

BIRDINFO Stock Rx – A prescription for stock market

BHEL @ 1655 as on 26/05/08

May 27, 2008

BHEL @ 1655 as on 26/05/08 gets 886 panch-tattva points and this stock should be picked up over time for long term, mostly on down days.

Hari Om

BIRDINFO Stock Rx – A prescription for stock market

BHEL @ 2164 as on 25 Jan 08 after Q3 results

January 27, 2008

BHEL @ 2164 (25/01/08) gets 903 panch-tattva points and may be bought on further correction.

Previous Recommendation:
@2615(29/10/07) : 846-Sell off.
@1940(03/08/07) : 894-Does not qualify for investment.

Hari Om

BIRDINFO Stock Rx – A prescription for stock market

ACC, ABB, BHEL, BAJAJAUTO, GRASIM, DRREDDY Panch Tattva points after results and now

November 17, 2007

By krsna Khandelwal – A veteran market analyst

ACC @ 1038 (18/10/07) gets 1042 panch-tattva points and is good for purchase till next result.
(@1044 on 16 Nov 07 it gets 1048 points and same strategy.)

ABB @1436 (261007) gets 727 panch-tattva points and may be sold off
for the time being , buy back on good correction in a few strokes.
(@1647 0n 16 Nov 07 it gets 756 points and may be sold off only at this stage for buy back wait till next quarterly result)

BHEL @2615 (291007) gets 846 panch-tattva points and may be sold for
good till the next advice, do not buy on correction even.
(@2786 on 16 Nov 07 it gets 880 points but still to be sold and waited till it gets signal to buy in terms of panch-tattva points. This carries too eskewed risk reward ratio hence risk averse people may not touch it.)

BAJAJAUTO @ 2507 (19/10/07) gets 872 panch-tattva points and should be
sold now and bought on correction.
(@2315 on 16 Nov 07 it gets 908 points and may be bought moderately and added more on declines but profit should be booked on part qty on jumps.)
.
GRASIM @3842 (291007) gets 1139 panch-tattva points and may be sold for the time being and bought on correction for up to next result.
(@ 3821 on 16 Nov 07 it gets 1114 points and you may have already entered at the lower rates after selling as price touched point lower than 3500. Repeat the strategy.)

DRREDDY @630 (241007) gets 851 panch-tattva points and may be sold for
now, buy later on declines.
(@620 on 16 Nov 07 gets 870 points and sell on surges and buy on declines and retain a small part.)

Hari Om

BIRDINFO Stock Rx – A prescription for stock market

Panch Tattva: Update: ACC, BHEL

September 3, 2007

By krsna Khandelwal – A veteran market analyst

Friends,

Please note the Panch Tattva updated points for the following two Nifty scrips which have had a decent run lately but require assessment afresh:

ACC @1071(03/08/07) gets 1059 points and may be sold off on surges and waited for further action till the next result.

BHEL @1940 (03/08/07) gets 894 points and may be sold off for it does not qualify for retention due to excessive speculative interest.

Hari Om

BIRDINFO Stock Rx – A prescription for stock market

Panch Tattva: Post Result: RUCHISOYA,HONAUT,ASIANPAINT and more

August 3, 2007

By krsna Khandelwal – A veteran market analyst

Friends,

RUCHISOYA @403 (02/08/07) gets 921 points and better to sell it for time being, however you may buy it on substantial correction.
HONAUT @1754 (02/08/07) gets 780 points and should be sold off now and bought back at lower rate.

ASIANPAINT @882 (02/08/07) gets 843 points and sell it now to pick up later.

MIRCELECTR @17 (02/08/07) gets 875 points and may be bought on declines.

BHEL @1702 (02/08/07) gets 745 points and it is risky to hold it at this level.

SUNFLAG @14 (02/08/07) gets 913 points and should be bought on declines for long term.

NFL @30 (02/08/07) gets 920 points and should be bought on declines.

CAIRN @142 (02/08/07) gets 710 points and should be sold for picking back at lower rates.

JINDALSTEL @4054 (02/08/07) gets 1186 points and may be bought on declines.

JKTYRE @152 (02/08/07) gets 1030 points and should be bought right away for medium term.

KALPATPOWR @1449 (02/08/07) gets 790 points and should be sold now for later buy back at lower rates.

ABIRLANUVO @1374 (02/08/07) gets 850 points and it may be bought on declines and stoploss should remain in place.

INDIAGLYCO @164 (02/08/07) gets 1352 points and is ok for purchase.

MOTHERSUMI @129 (02/08/07) gets 1148 points is also ok for purchase on declines.

Car sales have inched up by 12.72 % for the industry as a whole while TM and Hyundai have suffer lower sales and M&M and MARUTI improved sales over the corresponding month of last year. Medium and Heavy Vehicle segment has been poorer too, TM have suffered sales loss of 11% over the corresponding July month of 2006,their market share is down by 5%.

With the Olympics related work in China almost over,it may be in a position to start exporting heavy machinery and earth moving equipments in a big way. This possibility places our companies in these sectors in very vulnerable position. The market however seems oblivious of this and this is dangerous for this sector as it is keeping the flag high of leading indices like Sensex and Nifty.The Sensex PE ratio is at high end still at 21.04 while Nifty’s is a shade lower at 20.15. These are very high levels of discounting after a continuous run for four years in a single upward direction.I hope you catch the meaning and import of this.

Hari Om

BIRDINFO Stock Rx – A prescription for stock market

Panch Tattva: Post Result: BHEL, M and M, BIRLAJUTE at CMP on 30 May 2007

May 31, 2007

By krsna Khandelwal – A veteran market analyst

Friends,

Please note the following post result Panch Tattva points for the companies that announced their results, the price under reference is the closing price on 30 May 07:

BHEL @2760 gets 939 points and is over priced for purchase, but buy it on declines post bonus.

M&M @750 gets 851 points and may be bought only on deep correction.

BIRLAJUTE(Birla Corpn Ltd) @245 gets 1244 points and you may buy it as much as you want, book profits on half in hand when opportune.

There has been a down ward bias yesterday due to weaker advices from China, it is also true that the Indian markets are no cheaper than they have been traditionally and hence the move up gets beaten quickly. It is also true that with the up down series in play the bottom pedestal for the market will keep rising , so in long and longer term those who stick may not feel cheated but would be having lesser rate of return than the ones who are active and active under the umbrella of ‘Panch Tatva Teknik’.

Hari Om

BIRDINFO Stock Rx – A prescription for stock market

Panch Tattva: Post Result: BHEL at CMP on 3 Apr 2007

April 4, 2007

By krsna Khandelwal – A Stock Market Vedic Theory proponent

Friends,

Bharat Heavy Electricals gave out the figures about the yearly performance for the period ended 31 Mar 07 , these have been dream figures and the company management deserves to be congratulated for it. At times like this the Panch Tattva Teknik let us decides how far should one covet such highly performing companies. I have posted the post result Panch Tattva points for BHEL below along with the trading strategy. The strategy differs on account of the volumes, the size, character of the industry and the matters specific to the times present. Please take help of the following for your needful action:

BHEL @2255/- (on 3 Apr 07) gets 903 points and it seems appropriate to sell it on surges for the time being and get back in to it in a few strokes when if dips for long term buy. Jumping on the back of good result may not be in your interest.

It is a matter of satisfaction that the previous advices reproduced below with regard to this scrip have been useful:

  • on 23/03/07 @2271/- it got 835 points and was advised not to buy.
  • on 25/01/07 @2446/- it got 843 points and was advised that further purchase would be risky.
  • on 27/12/07 @2328/- it got 786 points and was was advised that it be sold off.
  • on 28/11/07 @2505/- it got 804 points and the advise was to get out/book profits.

You may refer to the details of these advices on this site by selecting through the search mechanism.

Hari Om

BIRDINFO Stock Rx – A Vedic Prescription for stock market

Panch Tattva: Update: BHEL at CMP on 23 Mar 2007

March 24, 2007

By krsna Khandelwal – A Stock Market Vedic Theory proponent

Friends,

Bharat Heavy Electricals Ltd has been in lime light in the past week and hence Panch Tattva updated points have been derived for this scrip and may be noted:

BHEL @2271/- (23 Mar 07) gets 835 points and can not be recommended for investment just now, you should wait till the next quarterly results have been taken in to consideration.

This particular scrip has become darling of the investors and rightfully so but as I have told many a times that even gold may be bought too dear. If you search for BHEL in this blog you will get to know what was told at different times at different rates about this scrip in light of the Panch Tattva points it got. Since Oct 06 it has not given any returns to investors to speak of and you were told on a number of occasions to sell it off / don’t buy. On one occasion it was suggested that on declining it may be bought and quickly booked profits in. The different scrips may be sorted by the flick of a button to track the history of the given advise against the back drop of the price history since then which is available on the BSE/NSE sites.

I have tried to convey the precise impact of different events and changes in the environment from time to time which you may have found useful. You may like to refer the past posts relevant to the matter that you have foremost in mind on a particular day by selecting through the key words / tags on this site itself and you would be in all likelihood be updated about it.

You can also go to the previous posts on many topics by a click on relevant category link as this would keep you away from going overboard because of the influence of the hot news of the day. You may have noticed that the news-papers reported in the morning that there is perceptible slow down in sales of cars in the month of Mar 07 and the share prices of automobile companies went up during the day. The reporting at times is done to trap the gullible public. This phenomenon may be easily noticed if you have an eye for it.

As for remaining invested , I think an opportunity has been thrown up for those who remained stuck with the wrong stocks and overpriced stock inspite of repeated warnings. They should without hiccups move out of such investment. It is now necessary to keep a good portion of funds to be invested in cash or cash equivalent securities.

Hari Om

BIRDINFO Stock Rx – A Vedic Prescription for stock market

Market Matrix: Nifty Stocks’ perfomance analysis as on 6 Mar 2007

March 6, 2007

By krsna Khandelwal – A Stock Market Vedic Theory proponent

Friends,

The Nifty and the rest have been beaten down due to global cues in part and due to budget related insensivities shown by the govt. It is the time we take some quiet moments to see things in past one year’s journey of stocks on the price front and on the performance front. I have with this view given a chart below showing the Highs and lows of the Nifty stocks and where they stand today with their 52W highs and 52W lows (the listing is in order of their traded volume on 5 Mar 07):

RELIANCE CMP-1259 – down 13% over High-1444 and up 77% over Low-711.
RCOM CMP-398 – down 23% over High-518 and up 114 % over Low-186.
INFOSYSTCH CMP-2007 – bonus issued – up 28% over Low-1572.
ICICIBANK CMP-821 – down 29% over High-1010 and up 89% over Low- 435.
SAIL CMP-97 – down 20% over High-121 and up 59% over Low-61.
TATASTEEL CMP-420 – down 44% over High-745 and up 12 % over Low-375.
BHARTIARTL CMP-698 – down 16% over High-829 and up 127% over Low-307.
LT CMP-1383 – bonus issued – up 13% over Low-1227.
BHEL CMP-2007 – down 25% over High-2665 and up 31% over Low-1533.
SBIN CMP-962 – down 40% over High-1615 and up 41% over Low-684.
TATAMOTOR CMP-739 – down 26% over High-997 and up 14% over Low-650.
TCS CMP-1155 – bonus issued – up 34% over Low-863.
ITC CMP-162 – down 24% over High-212 and up 16% over Low-140.
GUJAMBCEM CMP-112 – down 27% over High-153 and up 60% over Low-70.
SATYAMCOMP CMP-414 – bonus issued – up 3% over Low-401.
SUZLON CMP-985 – down 35% over High-1510 and up 30% over Low-756.
ONGC CMP-773 – bonus issued – up 6% over Low-726.
M&M CMP-709 – down 29% over High-1001 and up 55% over Low-456.
ACC CMP-811 – down 32% over High-1194 and up 35% 0ver Low-601.
WIPRO CMP-536 – down 22% over High-691 and up 41% over Low-381.
MARUTI CMP-772 – down 22% over High-990 and up 18% over Low-655.
HDFC CMP-1499 – down 18% over High-1828 and up 56% over Low-962.
GRASIM CMP-2101 – down 29% over High-2909 and up 44% over Low-1455.
BAJAJAUTO CMP-2453 – down 21% over High-3100 and up 18% over Low-2054.
SIEMENS CMP-1009 – bonus issued and up 38% over Low-732.
HINDALCO CMP-134 – down 47% over High-251 and up 2% over Low-131.
HCLTCH CMP-608 – down 16% High-725 and up 70% over Low-358.
MTNL CMP-134 – down 41% over High-228 and up 10% over Low-122.
HINDLEVER CMP-174 – 41% over High-296 and up 5% over Low-165.
HDFCBANK CMP-928 – down 20% over High-1160 and up 51% over 615.
ZEEL CMP-217 – recent restructuring and de-merger hence not dealt here
HEROHOND CMP-684 – down 27% over High-939 and up 12% over Low-611.
REL CMP-469 – down 30% over High-670 and up 30% over Low-360.
RANBAXY CMP-320 – down 40% over High-530 and up 3% over 317.
DRREDDY CMP-617 – bonus issued – up 3% over Low-601.
VSNL CMP-355 – down 31% over High-515 and up 18% over 300.
PNB CMP-412 – down 29% over High-582 and up 37% over Low-300.
HINDPETRO CMP-246 – down 32% over High-360 and up 24% over Low-198.
CIPLA CMP-217 – bonus issued – up 21% over Low-180.
BPCL CMP-289 – down 43% over High-505 and up 1% over Low-285.
TATAPOWER CMP-509 – down 20% over High-640 and up 31% over Low-390.
JETAIRWAYS CMP-543 – down 47% over High-1057 and up 14% over Low-475.
SUNPHARMA CMP-942 – down 13% over High-1080 and up 48% over Low-636.
DABUR CMP-92 – down 48% over High-178 and up 25 over Low-90.
IPCL CMP-237 – down 26% over High-322 and up 26% over Low-188.
ORIENTBANK CMP-160 – down 71% over High-280 and up 15% over Low-139.
GAIL CMP-255 – down 22% over High-325 and up 24% over Low-205.
NATIONALUM CMP-218 – down 35% over High-337 and up 21% over Low-180.
GLAXO CMP-1128 – down 27% over H1553 and up 28% over Low-882.

The above throws good light about reality in the market against the backdrop of the tumultuous times in the recent week. We have to make up our mind now whether to get scared too overly or maintain our semblance than too have reality check. The following observations may be made out the above data analysed:
a) Eight members gave bonuses during last 52 weeks and three out of them belonged to IT group.
b) The ones that gave out bonus shares are up by average 18% over ex-bonus low price.
c) Nine scrips are within 10% upside range against their 52 week lows, two of these had given bonus during the 52 week past period. None has fallen down by over 50% of its peak during last 52 Weeks.
d) Eleven have gone up by more than 50% over its 52-week lows.
e) Five IT scrips are up 35% on average over their 52 W lows.
f) Pharma companies are up by 17% on average against their 52W lows.
g) Thirty one scrips on the High end of traded volume have appreciated more against their lows. Reversely out of the bottom, nineteen on the traded volume front have as many as four members about to breach their 52 W lows.
h) Simple average for the appreciation in 50 scrips comes to 33% against their 52 W lows and the Nifty has registered 38% appreciation over its 52 W low. This tells us that the bigger companies have done better than the small ones because the Nifty gives higher weightage to bigger companies. This also tells us that the money from the foreign sources
is responsible for this because they prefer to hold more investment in bigger companies to enable them easier exit and entry, which is not at all conveniently possible in smaller companies. Should the Nifty keep moving down it would suggest that the foreign money is deserting the market.
i) We know that the average profit for the Nifty companies has been higher by over 45% during the current year and therefore any further fall is an opportunity to enter the market unless any weakness is specifically noticed in any of the sectors.
j) At the end of Feb 2007 Nifty gave returns of 21.81 % over the one year period which came down to 9.71 % over six-month period and further became negative 5.29% over the last three-month period and still worse at negative 8.29% over the one-month period.
k) Nifty at 3577 points (closing on 5 March 07) is down 16% over the 52W High 4245 and up 38 % over the 52W Low 2595.

You may like to draw your own conclusions and you are requested to post them as comments for the benefit of others.

Hari Om

BIRDINFO Stock Rx – A Vedic Prescription for stock market

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