Stock Trading Tips, Analysis & News

Railway Stocks up today as rail budget going to declare today

Kalindee Rail :- Up by 12.75%  (145.80 to 163.60)
BEML :- Up by 4.33%  (394.90 to 412)
Texmaco :- Up by 7.25%  (57.90 to 62.10)
Titagrah Wagons :- Up by 6.51%  (246.50 to 262.50)
Stone India :- Up by 4.88%  (22.55 to 23.65)
Kernex Micro :- Up by 9.97%  (85.75 to 94.60)

These are positions by 12.20 clock at 13 Feb.

B.K Modi of Spice Tele said he is willing to buy 51% stake at Satyam for 2000 Cr. Spaice also suggested that there should be eAuction for takeover of Satyam meanwhile L&T has opposed for eAuction as L & T have 12% stake in Satyam and they have right to oppose eAuction. Modi said that L & T should have to declare why they opposing eAuction.

Today reality sector hit badly as there are news that DLF has inflated balancesheet. DLF lost 13% today , its all time low now around 132.50 but it is not recommended to invest in DLF untill picture will clear. DLF & Unitech both posted big loss in this quarter, DLF’s profit 65% down while Unitech’s profit 95% downm both companies are facing lot trouble nowadays.

Other reality stocks which hit badly today includes HDIL, IBR. HDIL’s last trade price is 79/-, its attractive level to invest, one can start buying from here. While IBR is 93 by end of day and its all time low is 83. IBR was my favorite share in past due to high volatility, it can gain 25% a day.