India Brokerage Recommendations : Stock advices for first week of march

This post covers some of the recommendations and advices of the Indian brokerage and research firms that came out in the first week of March. This is a follow up to a post where the recommendations from Indian brokerage and research firms are tracked.

In the last week – Aurobindo Pharma had two BUY calls, a number of IT companies also had a BUY and there was one REDUCE for Ranbaxy. The following is the list

Date Brokerage/Research Firm Name Stock Recommendation Target Price on the date of recommendation
5-Mar-10 Prabhudas Lilladher Infosys BUY 3,250
5-Mar-10 Firstcall Research NIIT HOLD 76 66.5
5-Mar-10 Firstcall Research Bilpower HOLD 205 177.65
5-Mar-10 Reliance Securities Dishman Pharma HOLD 238 208
4-Mar-10 Firstcall Research SREI Infra BUY 90 73.45
4-Mar-10 Firstcall Research Mundra Port BUY 790 709
5-Mar-10 Karvy Inox Leisure MARKET PERFORMER 79
3-Mar-10 Sunidhi Securities KPIT Cummins BUY 140 112
4-Mar-10 Angel Securities Balrampur Chini NEUTRAL
3-Mar-10 Firstcall Research Jyoti Structures BUY 200 161
3-Mar-10 Firstcall Research Tata Power HOLD 1499
3-Mar-10 Emkay South Indian Bank BUY 180
3-Mar-10 SKP Research Aurobindo Pharma BUY 1800
3-Mar-10 Angel Securities Ranbaxy Labs REDUCE 445
3-Mar-10 Anand Rathi Pratibha Industries BUY 501 350
3-Mar-10 Hem Securities Videocon Ind BUY 280
2-Mar-10 Motilal Oswal Financial Tech BUY 1822
3-Mar-10 Karvy Aurobindo Pharma BUY 1283 970
26-Feb-10 Angel Securities Tata Motor BUY 942
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India Stock Screeners: Tools to screen Indian Stocks listed on NSE and BSE

There are several ways to learn about new companies and sectors to invest your hard money in. I am being a dumb investor (yes, still I am even after a couple of years in the market!!) dependent so far on business news websites like moneycontrol.com, business-standard.com. Usually, I come across an interesting story, like millions of other readers, and then start to dig a little into sector and/or companies mentioned.

But, I learnt that this top-down approach is not the most effective way since the news papers, sites, analysts and brokerage firms can and will cover only a small percentage of the companies listed on NSE/BSE and you miss out on the bigger percentage where some of the best opportunities lie hidden. And you basically just follow the crowd since everyone have the same information as you!

So, the obvious (which was not so obvious till a week ago) question was “is there a better way?.”

And the answer is yes, that’s what I got while reading a book yesterday and it’s called stock screening. Stock screening, simply put, is the process of filtering/identifying companies, from thousands across sectors and industries, based on parameters that meets an individual’s risk, expected returns, and even taste. One example could be searching for companies with a dividend yield of 4% or more. Of course, this will only help you cut down the number of companies to look at from 1000s to, possibly, few 10s but then one needs to analyze each company further to better understand its business, past and future(expected) performance before making a decision of whether to invest in it or not.

Since we are lucky to be living in an internet age this screening process is not as daunting as it could sound like. There are several tools, limited for Indian stocks but numerous for US listed ones, that help with this and some of the good ones are really free! The following is the list of some sites and tools that provide free tools to screen NSE and BSE listed stocks.

IDBI Paisabuilder
http://www.idbipaisabuilder.in/Market_Content/CMcorpinfo.aspx

I had used this site in the past and I really like it. It provides a decent number of parameters, more than equity master which comes next in the list, to filter stocks on and the research section of the site also includes various other useful tools that can be really useful. The following screenshots shows the search form and the results for a search on stocks in NSE 500 that have a dividend yield of more than 3%

Screenshots of IDBI, other stock screeners information and comparison…

yourmitra

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A really little book that could help you beat the Market

I was visiting a friend a couple of weeks ago and we were having our usual discussions about investing and stock picking and he mentioned about a blog that rates the stocks in the Sensex and Nifty based on a ‘Magic formula’. Of course the words ‘Magic formula’ got me curious and who wouldn’t be? So I came back home and looked up this blog and found that this formula is actually from a book that the blogger had read in the past.

The title was “The Little Book That Beats the Market” and I almost screamed aloud “what the ****!!”

Rest of the blog post can be found here

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Warren Buffet’s funny and sensible quote

Warren Buffet is supposed to have quoted the following during an interview on US economic recovery

“You can’t produce a baby in one month by getting nine women pregnant.”


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Stock Picks: Top 20 Indian Stocks to own by Forbes India

The following is the list of 20 stocks that were recommended by Forbes India in their recent release

Page Industries: A small company that makes a small product with big margins

Pidilite Industries: Pidilite has brands like Fevicol, M-Seal, car polish Motomax and other assorted consumer art materials and specialised home paints

Dabur: This company has focus. Five years ago, Dabur got out of the pharmaceutical business and put all its effort, like the best brand companies, behind five of its brands

Procter and Gamble Hygiene: Over the last three years, the money that P&G invested did not translate into market cap gains

Marico: Till 2008-09 came by, the company’s sales and profits had grown for 30 consecutive quarters, indicating a stable track record

Blue Star: Two decades to reach Rs. 1,000 crore in sales; two years to reach Rs. 2,000 crore in 2008

For the rest check out this post

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Microsoft to offer free anti-virus software

This is a news report that I came across where Microsoft have said that they are going to offer something for free!!! From when have they become so generous?

Microsoft said on Thursday that it will soon release free anti-virus software so people on tight budgets won’t skimp on protecting
their computers from hackers.

A beta, or test, version of Microsoft Security Essentials (MSE) will be publicly available for download beginning June 23 in Brazil, Israel and the United States. It is to be rolled out in other countries later in the year.

“Cost and performance barriers prevent many consumers from using up-to-date security software to protect their PCs,” Microsoft said in a statement.

The US software giant described MSE as “a no-cost anti-malware solution that provides consumers with quality protection from threats including viruses, spyware, rootkits and trojans.”

The technology firm said that effective anti-virus protection is a “must-have” for computer users given increases in the number and severity of attacks by cyber criminals using malicious software to infect machines.

Paying to buy and routinely update computer security software “does not meet the needs of many consumers,” including those in emerging markets where money and resources are scarce, according to Microsoft.

The Redmond, Washington-based company said it will automatically update MSE for users.

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Whats new in EJB 3.1

Few interesting new features are being added in EJB 3.1, the main ones are listed below. Asynchronous invocation is definitely a BIG plus.

1. no-interface session beans
2. Singleton session beans
3. Asynchronous invocation of Session beans
4. Global jndi names
5. TimerService enhancements
6. EJB Lite
7. Packaging enterprise beans within a WAR
8. Embeddable EJB containers

More details at

http://www.theserverside.com/tt/articles/article.tss?l=EJB3-1Maturity

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