Tuesday, 7 February 2012

Parsvnath Developer...... a good fundamental stock

Parsvnath, a real estate stock looking good on chart. All real estate stocks showing sign of revival and life. HDIL, Ansal infra and Indiabulls real estate trading today with strong gain and very soon Parsvnath shall catch them. Buy on decline on support for immediate target of Rs.65.

Saturday, 4 February 2012

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Friday, 3 February 2012

RESULT OF PRATIBHA INDUSTRIES FOR Q3,2012

Q
Turnover for the period rose 54.46%, from Rs. 295.51 crore to Rs. 456.46 crore, while the EBIDTA stood at Rs. 62.25 crore as against Rs. 45.55 crore in the same period last year. Earnings per share stood at Rs. 1.92.Commenting on the company’s performance, Ajit Kulkarni, Managing Director, Pratibha Industries Ltd said, “This quarter has been extremely rewarding, as we bagged projects worth over Rs. 3350 crore in FY12 till 31.12.2011. Our Order Book as on December 31, 2011 stands at Rs. 6,159 crore. Our Water division contributed 54% of the revenue and the building segment contributed 38%. Having established our leadership position in the infrastructure sector across our divisions, we foresee ourselves growing at a very healthy rate.”
UQ
A strong growth story which every smart investors must add the stock in their portfolio. Excellent Q3 result. After Rs.49 next target is Rs. 60.

Thursday, 2 February 2012

Nifty Technical for today

Intraday support & resistance for nifty in today trade:

S 2S 1PivotR 1R 2
5197.655233.755261.855297.955326.05