Jun 30, 2010

Rock-Solid Picks

The takeover by the old French financial giant BNP will give it the expertise and experience of international operations of BNP.
The company insiders are saying the firm has huge expansion plans in year 2011.
Various fund managers have started taking coverage on the stock and will add in their portfolio before giving public reports and recommendations.
One looking at investing into finance stocks can invest with a view of mid to long term.
The company has managed to post profit for the quarter ending March. This is commendable since the leading brokerage house had posted a loss for the same period last year. It recorded a profit of Rs. 7.07 crore for the above mentioned period as against Rs. 10.93 crore loss last year. The firm showed its consolidated income to be Rs. 62.09 crore for the March quarter. This is an increase over last year when the figure was Rs. 43.74 crore

Accumulation going on between 115-125 levels.
Now sustaninig above 115 levels.
To cross 150 in short term.
Our clients hold position.
Marico is a leading Indian Group in Consumer Products & Services in the Global Beauty 
and Wellness space. Marico's Products and Services in Hair care, Skin Care and Healthy Foods generated 
a Turnover of about Rs. 26.6 billion (about USD 600 Million) during 2009-10. Marico markets well-known brands such as Parachute, Saffola, Sweekar, Hair & Care, Nihar, Shanti, Mediker, Revive, Manjal, Kaya, Aromatic, Fiancee, HairCode, Caivil, Code 10 and Black Chic.

Posted on Wednesday, June 30, 2010 | Categories: