Jan 29, 2010

FUNDAMENTAL PICK: Novartis India Ltd.

 NOVARTIS INDIA LTD.: Current market price, 530. Target Price, 735. Book Value+Cash holding is Rs.328 per share. Net market capitalisation is Rs.286 crore. Last year consolidated sale is Rs.640 crore. If we deduct last year's profit or Rs.100 crore from present market capitalisation then the stock is quoting at an attractive valuation, and will come under radar of value investor. DISCLOSURES: Our PMS Desk Analyst holds  shares. Also our...

Issued in the interest of investors and traders: ANONYMOUS dotcom tips advisory companies and SMS tips:With Ref to A RECENT PROGRAMM ON CNBC TV.

Avoid BUY/SELLING in stocks based on recommendations through promotional SMS. Focus on financial performance and corporate governance track record of the company.              Many investors in equities receive text message on their mobile phones at regular intervals. Indeed short message service (SMS) is a very inexpensive and easy option to spread rumours and communicate recommendations...