Wednesday, July 29, 2009

Bharti Airtel & MTN

Bharti Airtel [Buy @ Rs. 223/-]

  • Merger with MTN Network seems to be heading in the right direction
  • MTN & Airtel have to receive a nod from the South African Government for the merger deal
  • The deal is said to finalize by end of August

Wednesday, July 22, 2009

Cipla & Swine Flu

Cipla - [Buy @ Rs.265/- to Rs.270/-]

  • Is going to declare it 2nd quarter results on 29th July ’09
  • A manufacturer of oseltamivir, the drug used for treating swine flu
  • The pandemic is raging through with increasing number of cases being reported

ICICI Bank & Financial Technologies

Indian Stock markets have rallied with the results shown by Indian corporate and grapevine of reviving United States economy.

Some stocks that have had a bull run worth noting:

  • · ICICI Bank, rose from Rs.636/- on 9th July to currently trading at Rs.760/- [ 19% Gain ]
  • · Financial Technologies, rose from Rs.1,083/- on 10th July to currently trading at Rs.1,435/- [ 32% Gain ]