LIST OF SHARES IN PORTFOLIO FEB-MAR 2012

BRITANNIA=Britannia is a good player in the FMCG and food segment in India with a wide niche of product pipeline in biscuits,rusks,snaks and cakes.I recommend to buy britannia at 513 range.

HERO MOTO CORP=I prefer hero moto corp for current month because there will a possible rate cut in upcoming monetary policy.So i recommend to buy hero honda at 2088.

EDUCOMP=The best education company in India with a good network.I expect some anticipation during budget in these education related stocks.So one can enter the stock at 219.

PANTALOON=This is another budget pick.Govt interest in allowing FDI in retail is positive for these sector.Buy at 177 range

ESCORTS=Escorts is engaged in tractor,triller segment.I expect some positive trigger from budget.Also merging its subsidiaries with group co is also a positive trigger for escorts.So buy at 80 range

PORTFOLIO VALUE OF JAN-FEB SERIES

LIST OF SHARES IN MODEL PORTFOLIO SHORT TERM SERIES (JAN-FEB))

SCRIP NAME BUY RATE BUY QTY TOTAL INVESTMENTS RATE ON 23/2/2012 TOTAL PROFIT

INDUSIND 295 34 10030 314 10676 646

FORTIS 101 99 10000 108 10692 692

IRB 168 60 10080 181 10860 780

M&M 686 15 10290 723 10845 555

SESAGOA 200 50 10000 227 11350 1350

TOTAL INVESTED AMOUNT 50000 AMOUNT AS ON 25/1/2012 54423

IF YOU HAD INVESTED IN THIS SHORT TERM MODEL PORTFOLIO IN LAST MONTH WHEN THE TIME I HAD REPORTED ON MY BLOG www.keralatraders.blogspot.com(http://keralatraders.blogspot.com/2012/01/shares-for-model-portfolio.html) IT WOULD FETCH YOU Rs.4423 PROFIT WHICH IS EXACTLY 8.84% PER MONTH.THE REASON I CHOOSE INDUSIND BANK IS DUE TO POSSIBLE RATE CUT BY RBI ON MONETERY POLCY. THE REASON BEHIND FORTIS IS ATTRACTIVE VALUATION.SESAGOA POSTED EXCELLENT Q3 NUMBERS.IRB AND M&M IS BENEFICIARIES OF RATE CUT BY CENTRAL BANK.

FOR SIMILAR RESEARCH AND PORTFOLIO REPORT YOU MAY VISIT www.keralatraders.blogspot.com IN COMING DAYS AND FOLLOW THE THE BLOG

So visit www.keralatraders.blogspot.com

THANK YOU

SPECIAL REPORT ON MARG LTD Q3 NUMBERS

A captive EPC order and a healthy revenue from infrastructure and residential projects have contributed to a 15 per cent jump in profit after tax for Marg Ltd during the third quarter in the current year as compared with the corresponding quarter in the previous year.

The net profit for the quarter ended December 31, 2011, was Rs 18.40 crore (Rs 15.90 crore). Revenue has jumped 52 per cent to Rs 483 crore (Rs 317 crore).

Marg Swarnabhoomi, the company's SEZ and township project, Marg ProperTies, the residential sales business, and Karaikal Port, the infrastructure business, will be major drivers of growth, said a company press release.

The company EPC order book stands at Rs 3,250 crore with external orders accounting for about 35 per cent.

EPC revenue during the quarter was Rs 465 crore (Rs 300 crore), a jump of about 55 per cent.

Residential projects

In Marg Swarnabhoomi, over 245 residential units have been sold taking the total sales to 1,687 units. A high-rise residential project ‘Four Seasons' was launched during the quarter.

Marg ProperTies sold 98 units and is set to launch a new project during the fourth quarter with a total sales value of Rs 73 crore.

Handling cargo

Karaikal Port, the company's flagship project, handled 1.45 million tonnes of cargo during the third quarter with estimated revenue of Rs 57.9 crore. It has achieved financial closure for Phase 2A extension for Rs 437 crore with four banks. This capacity expansion will add 7 million tonnes a year cargo capacity taking it to 27 million tonnes.

SO I RECOMMEND BUY ON MARG LTD SEEING CO'S EXPANSION PLANS WITH A LONG TERM VIEW.NO SPECIFIC TARGET MENTIONING HERE

GOOD SET OF NUMBERS FROM ICICI BANK

ICICI Bank, India's No. 2 lender, widely beat market estimates in posting its highest ever quarterly net profit, which grew by 20 per cent in December quarter, led by a rise in interest income, fees and lower provisions.

Net profit rose to Rs 1728 crore ($347.4 million) from Rs 1437 crore a year earlier, while net interest income increased 17 per cent to Rs 2710 crore.

A REPORT ON RELIANCE INDUSTRIES BUY BACK PLAN

RIL Buy Back Key Takes:
RIL announced Rs 10, 440 crore buy back. Buyback would be 12 crore equity shares from the open market at the maximum price of Rs 870.
The buyback offer to commence from 1st of February, 2012 and will close on 19th January, 2013.

Effect on EPS:
Q3FY12 EPS is at Rs 13.6. If Buyback goes through Q3FY12 EPS will look like Rs 14.07. EPS will jump by 3.5% taking into account no growth.

Effect on Promoters Holding:
At present promoters direct holding in the company is 44.71%. After successful buyback promoters holding will increase to 46.4%. Holding will move up by 1.75%.

Cash Position of the company:
Company has cash and cash equivalent position of Rs 74, 539 crore. Also Q3FY12 PBDIT is Rs 9, 002 crore. Reserve and Surplus of the company is more than Rs 1.5 lakh crore.
These data shows that company has comfortable balance sheet to go with the buyback plan.

How does Earlier Buyback plan faired:
Year 2000:
In April 2000, RIL announced the largest buyback programme at a price of Rs 303 per share and set apart Rs 1,100 crore for the purpose. An open market buyback through the stock exchanges was opened by RIL twice between August 2, 2000 and May 18, 2001 and July 2001 and June 2002 aimed at picking up equity shares from the secondary market, whenever it fell below Rs 303.

Though the price fell substantially below Rs 303 several times during this period, the company did not step in to pick up a single share.

The only conclusion one can draw is that the RIL management used the open market buyback only as a psychological prop to keep the shares pegged at a higher level, without any intention of offering a higher exit price to shareholders.

Year 2004:
In December, 2004 RIL announced the buyback at Rs 570. The size of the buyback programme was Rs 3000 crore. One should keep in mind that the buyback was announced in backdrop of RIL share plunging by 12% in November- December 2004.
The buyback was not successful like earlier one. Only Rs 150 crore was utilized for the buyback.

Year 2012:
Now again RIL has come up with buyback with much bigger size of Rs 10, 440 crore. And one thing in common at all these buyback is that stock underperformed the broader market.

Conclusion:
Not much upside could be seen in the stock from these levels. RIL stock is expected to hover at Rs 850 levels near its buyback prices as historically observed. Buyback has only given a psychological support to the price and it has worked for the RIL in earlier cases. RIL had not committed to the buyback programme buy yes it worked with the stock getting hooked to the price.
So enjoy another 5-7% upside in the stock.

BHEL posts 14 % jump in net profit at Rs.3,660 crore

Bharat Heavy Electrical limited (BHEL) on Friday reported a 14 per cent jump in net profit at Rs.3,660.20 crore in the nine months ended December 31, 2011.

The power equipment major had a net profit of Rs.3,213.20 crore in the year-ago period. Sales rose to Rs.29,269.10 crore from Rs.24,756.50 crore in the same period a year ago, the company said in a statement here.

In the December quarter, the net profit rose to Rs.1,432.60 crore from Rs.1,412 crore. Sales stood at Rs.11,078.30 crore as against Rs.10,757.60 crore in the year-ago period.

Interestingly, BHEL has maintained its track record of earning profits uninterruptedly for nearly four decades without a break. Significantly, its turnover has increased by three times and the net profit by four times in the last five years, the statement said. The company's order book position stood at Rs.1,46,500 crore, at the end of the first quarter and it expects to achieve robust growth in 2011-12 and beyond.

BHEL has been pushing ahead with modernisation by way of contemporary technology, state-of-the-art manufacturing facilities and skilled technical manpower to meet the country's power forecast in the future. The company has established the capability to deliver 15,000 MW per annum of equipment and further augmentation to 20,000 MW per annum is under way.