Tuesday, September 19, 2017

RAIN INDUSTRIES from 29/- to 185/- ....

THIS COUNTER IS RUNNING, BOUGHT AT Rs-29/-,(BREXIT FEARS AND QTR RESULTS) FORCED ME TO OFF LOAD 70%, BUT REMAINING AT NO-COST NOW ENRICHING ME TO SMILE A LOT...!!, 

AS A MATTER OF FACT MISSED ICIL (INDO -COUNT) @ 7-8/- (FV-10, TOUCHED MORE THAN 1100, NOW 118/-, FV-2), 4 YEARS BACK, ALSO ONE MORE BEST COUNTER VINDHYA TELE FROM 135 TO 1200...SOME SWEET MEMORIES.........

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RAIN INDUSTRIES LTD. (RAIN) - COMPANY HISTORY

Rain Commodities Limited (RCL), one of the leading producers of cement in South India was incorporated on 15th March 1974 under the name and style of Tadpatri Cements Limited. RCL is engaged in the manufacture and sale of Cement (under the brand 'Priya Cement') and Calcined Petroleum Coke (CPC) along with generation of Electricity. At present, Rain owns and operates 3 cement plants with a combined capacity of 3.2mn mtpa, 8 CPC plants with a capacity of 2.5mn mtpa. The name of the company was changed to Priyadarshini Cement Limited on 4th May of the year 1984. After two years, in 1986 RCL made its Initial Public Offering (IPO). The Company came under the provision of the Sick Industrial Companies (Sp. Provisions) during the year 1990 and in April of the year 1992, Board for Industrial and Finance Reconstruction (BIFR) had accepted the sick industrial companies (Sp.Provisions) scheme, also passed an order. RCL commissioned its first ready mix concrete plant in December of the year 1999 at Hyderabad. The second ready mix concrete plant of the company had set up at Miyapur, also in Hyderabad. It had set up two manufacturing plants with a rated capacity of 7200 cubic meters per month. During the year 2000, RCL had proposed to acquire Hemadri Cements, nearly year after taking over a cement unit from Nagarjuna Construction Company. The Company got its present name as Rain Commodities Limited on 27th December of the year 2004. The cement business, housed in RIL, was transferred to the company with effect from July of the year 2006. The Company's wholly owned subsidiary Rain Commodities (USA), Inc., (RCUSA) acquired 100% of the membership interests of AIP/GLC Holdings, LLC in October 2006 from American Industrial Capital Partners II, L.P. Rain Commodities (USA), a wholly owned subsidiary of the company had entered into an agreement with Great Lakes Carbon Income Fund, Toronto, Canada during February of the year 2007 to acquire majority stake and certain assets. The Company had acquired CII Carbon of USA In July of the same year 2007, manufacturing 1.9Million TPA of CPC with manufacturing facilities in Illinois, Louisiana, Missisipi and West Virginia. Rain Calcining got amalgamated with RCL in November of the year 2007. RCL had launched a feasibility study to construct, own and operate a petroleum coke calcining plant in China through its wholly owned subsidiary Rain CII Carbon LLC, USA (Rain CII) in February of the year 2008,. The Company had incorporated Rain Calciner, India and Rain Global Services, USA as it's wholly owned subsidiaries in April of the year 2008. RCL's second unit situated in Kurnool had started its commercial production with expanded capacity of 1.5 million metric tonnes of cement per annum with effect from 19th June 2008.

http://www.business-standard.com/company/rain-industries-955/information/company-history


THANKS TO CHART INK

Jan-1543.8544.535.9537.851843985
Feb-1538.339.535.2535.61155150
Mar-1535.235.5528.5528.71359915
Apr-1528.5544.828.2543.9521801367
May-1544.5548.8536.538.558735164
Jun-1538.6541.334.6537.053140275
Jul-1537.1547.6537.1542.753115849
Aug-1542.9551.63637.75423302
Sep-1537.538.834.3537.55761234
Oct-1537.8540.836.737.11237019
Nov-153744.736.340.153145929
Dec-1539.541.236.337.752771765
Jan-163840.430.6535.852446849
Feb-16363626.0529.81228816
Mar-163035.527.7529.92366603
Apr-1630.738.229.8537.31990458
May-1636.537.530.432.81551408
Jun-1633.338.330.536.51319422
Jul-1640.540.533.734.91598194
Aug-1635.34834.3545.99633737
Sep-1646.455.141.8545.755728676
Oct-1646.256.545.652.453814600
Nov-1652.655.54150.71756686
Dec-1651.258.449.154.81627112
Jan-1755.569.752.2566.456476677
Feb-176689.056685.159611688
Mar-1785.4112.685.4109.1511935656
Apr-17110.95114.9101.1112.13805787
May-17112.7122.8591.8103.36935569
Jun-17103.5117.396.5116.755144384
Jul-17117.5140112.35129.99179166
Aug-17129.5147.9105.3142.67630389
Sep-17142.1185.7138.85181.16228380

http://www.bseindia.com/markets/equity/EQReports/StockPrcHistori.aspx?expandable=7&scripcode=500339&flag=sp&Submit=G

Wednesday, September 06, 2017

INDIAN MARKETS: Tuesday (06-09-2017)

INDIAN STOCK MARKETS= SEP-17 SERIES DAILY STUDY REPORT

POSSIBLE PRICE ACTION IN INDIAN MARKETS: Tuesday (06-09-2017)

GEOPOLITICAL ISSUES CONTINUED…

GLOBAL ACTION: USA- TOOK THE BEATING , SO YESTERDAY LEVELS DOW DOWN 250 POINTS @ 21987 AND NASDAQ DOWN BY 66.0 POINTS @ 6435

EUROPE MARKETS (Tuesday): GERMANY-DAX closed up by 40 points @ 12124. AND UK- FTSE100 closed negative down by 37 points  @ 7373
ASIAN MARKETS - Wednesday (06-09-2017)

JAPAN- NIKKEI: CURRENTLY (-60) pts down @19327

HONG KONG-HANGSENG:  CURRENTLY down-250 @27490

ASIA DoW: @3460 DOWN BY 23 pts

SGX NIFTY: -30 Pts.

GLOBAL NEWS: USA MARKETS-BANKS GOT WORST HIT ,

INDIA NEWS:

Black money crackdown: Narendra Modi government targets over 2 lakh companies, strikes them off register  -FINANCIAL EXPRESS

IndiGo may buy stake in Jet Airways if Air India bid fails -MINT

Banks start moving on NPA accounts in RBI’s second defaulter list  -LIVE MINT



NIFTY: SUPPORT: 9886 & 9863 and RESISTANCE: 9959, 9979
BANK NIFTY: SUPPORT: 24350 & 24260 and RESISTANCE: 24480 & 24520
RELIANCE:SUPPORT:1593,1586 and RESISTANCE: 1636         
AXIS BANK: SUPPORT: 494-96 and RESISTANCE:  506-04,
YES BANK: SUPPORT: 1746-52 and RESISTANCE: 1796- 1802         
REL INFRA: SUPPORT: 498 and RESISTANCE: 516-14           
CENTURY TEX: SUPPORT: 1248-56 and RESISTANCE: 1283, likely to cross yearly highs soon, May touch 1326-41 soon, no shorting advisable.            

BULLISH ACTION MAY CONTINUE-BUYING COUNTERS

CEMENT SECTOR AND AUTO
SHORT COVERING - HEAVY SELLING TO SHORT COVERING
PRICE RECOVERY MAY POSSIBLE

PHARMA

BEARISH ACTION MAY CONTINUE-SELLING COUNTERS

PSU BANKS

SERIOUS BUYING TO PROFIT BOOKING
PRICE SLIDE MAY POSSIBLE

HOUSING FINANCE

IMPORTANT DISCLAIMER:

STOCK TRADING IS A HIGH-RISK VENTURE AND TRADERS ARE THE MOST TO LOSE. IT DEMANDS CALM MIND AND PSYCHOLOGICAL BALANCE. IT IS A CHALLENGING JOB DUE TO PRECISION IN TIMING & LIMITED CAPITAL AVAILABLE WITH RETAIL TRADERS.

SO ALWAYS CONSULT YOUR EXPERT ADVISOR AND ALSO MAKE YOUR STUDY TO GET SUCCESS.
NOT TO DISCOURAGE BUT REQUEST PARTICIPANTS TO DEDICATE REASONABLE TIME & ENERGY TO EMPOWER THOSE MOST REQUIRED QUALITIES.


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Monday, September 04, 2017

INDIAN MARKETS: MONDAY (04-09-2017)

INDIAN STOCK MARKETS                               SEPTEMBER SERIES DAILY STUDY REPORT
POSSIBLE PRICE ACTION IN INDIAN MARKETS: MONDAY (04-09-2017)

THE NORTH KOREA NUCLEAR BOMB TEST IS ABIG CONCERN GOING FORWARD. THOUGH WE ARE NOT DIRECTLY IMPACTED BUT THE RUB-OFF CAN RATTLE OUR MARKETS DUE TO HEAVY SELLING FROM FIIs. THE DOMESTIC INSTITUTIONAL INVESTORS BUYING HEAVLY AT THESE PRICES CAN BECOME A CONCERN.

GLOBAL ACTION (FRIDAY): USA- DOW UP 39 POINTS @ 21987 AND NASDAQ UP BY 6.60 POINTS @ 6435

EUROPE MARKETS (FRIDAY): GERMANY-DAX CLOSED IN POSITIVE TERITORY WITH +87 POINTS @ 12143. AND UK- FTSE100 CLOSED IN GREEN WITH +8 POINTS UP @ 7439
ASIAN MARKETS - MONDAY (04-09-2017)

JAPAN- NIKKEI: FRIDAY CLOSE @ 19692, CURRENTLY (-170) pts down

HONG KONG-HANGSENG: FRIDAY CLOSE@ 27953, CURRENTLY (150) down

ASIA DoW: @3486 DOWN BY 16 pts (-0.5%)

GLOBAL NEWS: NORTH KOREA A BIG PROBLEM FOR BULLS TO CARRY HEAVY POSITIONS GOING FORWARD.
POLITICAL NEWS: MODI RESHUFFEL WAS BROADLY WELCOMED.
NIFTY: SUPPORT: 9980 & 9953 and RESISTANCE: 10005 & 10026          
BANK NIFTY: SUPPORT: 24350 & 24300 and RESISTANCE: 24480 & 24520                        
RELIANCE: SUPPORT:1593, 1586 and RESISTANCE: 1624-28         
AXIS BANK: SUPPORT: 494-92 and RESISTANCE:  506-08, crosses 516-18 in due course.          
YES BANK: SUPPORT: 1772-68 and RESISTANCE: 1796, 1803-05         
RELCAPITA SUPPORT: 831-28 and RESISTANCE: 865-69,
REL INFRA: SUPPORT: 514-12 and RESISTANCE: 536-39            
CENTURY TEX: SUPPORT: 1228-26 and RESISTANCE: 1286-93, likely to cross yearly highs soon, May touch 1326-41 soon, no shorting advisable.            

BULLISH ACTION MAY CONTINUE-BUYING COUNTERS

ACC, ULTRACEMCO, ICICI Pru, Auro Pharma

SHORT COVERING - HEAVY SELLING TO SHORT COVERING
PRICE RECOVERY MAY POSSIBLE

FORTIS, WOCK-PHARMA

BEARISH ACTION MAY CONTINUE-SELLING COUNTERS

PSU BANKS, BHARTIAIRTEL

SERIOUS BUYING TO PROFIT BOOKING
PRICE SLIDE MAY POSSIBLE

RELCAPITAL, RELIANCE AND DRREDDY
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IMPORTANT DISCLAIMER:

STOCK TRADING IS A HIGH-RISK VENTURE AND TRADERS ARE THE MOST TO LOSE. IT DEMANDS CALM MIND AND PSYCHOLOGICAL BALANCE. IT IS A CHALLENGING JOB DUE TO PRECISION IN TIMING & LIMITED CAPITAL AVAILABLE WITH RETAIL TRADERS.

SO ALWAYS CONSULT YOUR EXPERT ADVISOR AND ALSO MAKE YOUR STUDY TO GET SUCCESS.
NOT TO DISCOURAGE BUT REQUEST PARTICIPANTS TO TIME & ENERGY TO EMPOWER THOSE MOST REQUIRED QUALITIES.
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Sunday, September 03, 2017

HIMADRI FROM 16 TO 115 IN 18 MONTHS

Saturday, February 20, 2016

BUY HIMADRI


posted on Saturday, February 20, 2016 ( JUST TO REMEMBER THE SUCCESS STORY) 


BOUGHT @ 16.8 , HOLDING IN SOME ACCOUNTS, TODAY THE PRICE IS 112 HIGH @115












Quarterly results in brief
(Rs crore)
Dec' 15Sep' 15Jun' 15Mar' 15Dec' 14
Sales305.51310.18275.92341.86326.95
Operating profit53.5035.9216.716.4729.01
Interest25.4230.3727.5016.2230.34
Gross profit25.961.83-14.19-10.90-0.19
EPS (Rs)0.15-0.25-0.52-0.41-0.25




Himadri Chemicals & Industries Ltd, the flagship of Himadri Group, is the largest manufacturer of coal tar pitch in India. The company was founded to develop, manufacture and market chemical products with a special emphasis on coal tar and its derivatives. They supply coal tar pitch to well-known domestic aluminium and graphite industry players like Nalco, Balco, Hindalco, HEG, Graphite India and international players like Dubal, AOG, Graftech and SGL. The company is a leader in the domestic market for the supply of coal tar pitch and other by-products with around 70 percent share of the market.

The company has five state-of-the-art coal tar distillation plants in India. The company has two plants in Howrah, West Bengal, one in Hooghly, West Bengal, one in Visakhapatnam, Andhra Pradesh and one in Korba, Chhattisgarh. Himadri Chemicals & Industries Ltd was incorporated as a private limited company in July 1987. In November 1991, the company was converted into a public limited company. In the year 1996, the company developed a technology for producing impregnating pitch and in the year 1997, they completed the expansion and modernization of their Howrah and Visakhapatnam plant. In the year 1999, the company set up third state of art coal tar distillation plant at Howrah. In the year 2001, they formed the corrosion protection division and starts manufacturing coal tar based pipe coating product at Visakhapatnam. In the year 2002, they introduced Liquid Pitch, which are supplied to the consumers in specialized and dedicated tankers. In the year 2003, the company set up their fourth modernized coal tar distillation plant at Hooghly with capacity to produce 1,20,000 MT of Coal Tar Pitch per annum. During the year 2005-06, the company commissioned a by-product plant in Hooghly for the manufacture of value added products. They   also commissioned a pilot plant for the manufacture of advanced carbon material used in lithium ion batteries with in-house technology. 

The company expanded the production capacity of the coal tar pitch at Hooghly form 28700 MTPA to 63700 MTPA. The company commenced the supply of coal tar pitch to Dubai Aluminium co, manufacturer of the highest purity aluminium in the world. They also commenced a representative office in China. During the year 2006-07, the company incorporated a wholly owned subsidiary in Hong Kong to manage their customer presence and facilitate the acquisition strategy. They set up a plant at Korba in Chhattisgarh as a precursor. They commissioned two windmills, which can generate 2.50 MW wind energy in the Dhule district of Maharashtra. In the same year, the company completed the first phase of expansion at Mahistikry, West Bengal to manufacture naphthalene. Also, they installed a granulation unit used for cooling coal tar pitch from more than 300 degrees centigrade to atmospheric for onward conversion into solid pencil form. The company expanded the coal tar distillation capacity in Hooghly from 91000 MTPA to 170000 MTPA. During the year 2007-08, the company commissioned their melting plant in Korba plants to build dedicated melting facilities near major customers' plant to accelerate just-in-time delivery. 

The company has undertaken a project at Mahistikry in West Bengal for the manufacture of Carbon Black with an annual capacity of 50000 MT and a capitive power plant of 12 MW capacity based on waste heat gas through forward integration. In September 2008, the company through their wholly owned subsidiary company, Himadri Global Investment Ltd entered into a joint venture contract, with Chinese company to takeover existing coal tar distillation plant in Xiaoyi, Shanxi.
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http://articles.economictimes.indiatimes.com/2012-02-06/news/31030975_1_capacity-expansion-himadri-chemicals-tonne-capacity
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http://articles.economictimes.indiatimes.com/2011-07-01/news/29726284_1_organic-growth-capacity-expansion-expansion-plans

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THANKS TO BS, REDIFF,ICHARTS AND ET FOR THEIR INFO SUPPORT.....

Narendra Modi’s $87 billion river-linking project set to take off as floods hit India

After years of foot-dragging, the govt plans to begin work on an $87 billion scheme to connect nearly 60 rivers in the country as Narendra Modi bets on the project to end deadly floods, droughts
Large areas of eastern and north-eastern India are reeling under floods in which hundreds have died, while torrential rain also brought Mumbai to a standstill this week. The Tamil Nadu, in contrast, recently rationed drinking water due to drought. Photo: PTI
Large areas of eastern and north-eastern India are reeling under floods in which hundreds have died, while torrential rain also brought Mumbai to a standstill this week. The Tamil Nadu, in contrast, recently rationed drinking water due to drought. Photo: PTI
Daudhan: After years of foot-dragging India will begin work in around a month on an $87 billion scheme to connect some of the country’s biggest rivers, government sources say, as Prime Minister Narendra Modi bets on the ambitious project to end deadly floods and droughts.
The mammoth plan entails linking nearly 60 rivers, including the mighty Ganges, which the government hopes will cut farmers’ dependence on fickle monsoon rains by bringing millions of hectares of cultivatable land under irrigation.
In recent weeks, some parts of India and neighbouring Bangladesh and Nepal have been hit by the worst monsoon floods in years, following two years of poor rainfall.
Modi has personally pushed through clearances for the first phase of the project — which would also generate thousands of megawatts of electricity — the sources say, despite opposition from environmentalists, tiger lovers and a former royal family.
That will involve construction of a dam on the Ken river, also known as the Karnavati, in north-central India and a 22-km (14-mile) canal connecting it to the shallow Betwa.
Both rivers flow through vast swathes of Uttar Pradesh and Madhya Pradesh states, ruled by Modi’s Bharatiya Janata Party (BJP), and the prime minister hopes the Ken-Betwa scheme will set a template for other proposed river interlinking projects, one of the sources said.
“We have got clearances in record time, with the last round of clearances coming in only this year,” Sanjeev Balyan, the junior water resources minister, told Reuters. “The Ken-Betwa interlinking tops the priority list of the government.”
Government officials say diverting water from bounteous rivers such as the Ganges, Godavari and Mahanadi to sparse waterways by building a clutch of dams and a network of canals is the only solution to floods and droughts.
But some experts say India would be better off investing in water conservation and better farm practices. Environmentalists and wildlife enthusiasts have also warned of ecological damage.
BJP states first
The 425-km (265-mile) Ken flows through a tiger reserve nestled in a verdant valley. The government plans to clear out 6.5% of the forest reserve to build the dam, relocating nearly 2,000 families from 10 remote villages.
Around half a dozen clearances, including on environmental and forest protection, have been obtained for the scheme to link the Ken and Betwa, according to two sources and documents seen by Reuters.
Modi’s cabinet is likely to give its final go-ahead for the project within a couple of weeks, sources say, after which he will flag off construction at the site about 805 km (500 miles) from New Delhi, currently marked only by rows of red concrete slabs placed on the ground.
The government is also finishing up paperwork on projects in western India linking the Par-Tapi with the Narmada and the Daman Ganga with the Pinjal. The projects involve Modi’s home state of Gujarat and neighbouring Maharashtra, which includes Mumbai, both also ruled by the BJP.
The river-linking projects was first proposed in 2002 by the last BJP-led government. Work stalled because state governments sparred over water sharing contracts and clearances got stuck in India’s notoriously ponderous bureaucracy.
This time, officials hope starting with projects that are all in BJP-ruled states will smooth negotiations.
Modi’s government is touting the linking of rivers as a panacea to the floods and droughts that plague India every year, killing hundreds of poor people and withering crops.
Large areas of eastern and north-eastern India are reeling under floods in which hundreds have died, while torrential rain also brought the commercial capital Mumbai to a standstill this week. The southern state of Tamil Nadu, in contrast, recently rationed drinking water due to drought.
Not everyone is convinced the projects should be the priority, however.
“Theoretically we can’t find fault with the plan,” said Ashok Gulati, a farm economist who has advised governments. “But spending billions of dollars in a country which wastes more water than it produces, it makes more sense to first focus on water conservation.”
India, which has 18% of the world’s population but only 4% of the usable water resources, perversely gives incentives to produce and export thirsty crops such as rice and sugar cane.
Tigers, vultures and canyons
The proposed 77-metre high (250-ft), 2-km long dam on the Ken River will submerge 9,000 hectares of mostly forest land. A big portion will come from the Panna Tiger Reserve, near the UNESCO world heritage site of Khajuraho Temple in Madhya Pradesh.
The forest reserve, a major tourist attraction, is home to 30-35 tigers and nearly 500 vultures.
“Building a dam in a reserve forest is an invitation to a grave environmental disaster,” said Shyamendra Singh, the scion of the Maharajas who ruled a princely state near Panna during the British colonial era. “It will lead to floods in the forest and drought in the downstream.”
Authorities say they have planned for the safety of tigers and vultures.
People in Daudhan village, not very far from the Gangau dam built by the British in 1915, are ambivalent. With no access to electricity and other basic services, they want more information on what they will get in return for being displaced.
“We never got to see electricity in our village,” said village elder Munna Yadav, gesticulating towards the Ken flowing a few metres from his thatched cottage. “If our children get to move out of this area and if the dam benefits everyone, we’ll not oppose it.” Reuters

Friday, September 01, 2017

01-SEP-17

INDIAN STOCK MARKETS=SEPTEMBER SERIES DAILY STUDY REPORT

US MARKETS: DOW UP 58 POINTS NASDAQ UP 60 POINTS
EUROPE: DAX CLOSED IN POSITIVE WITH 50 POINTS, BUT RECOVERED 0.7% OF THE FALL (-177) IN TWO DAYS
ASIAN MARKETS: MILDLY POSITIVE
SGX NIFTY CURRENTLY SUGGESTING: + 3 POINTS
MACRO ECONOMIC NEWS: Q-1 GDP IS @ 5.7% IS CONTINUOUSLY DECLINE TO TOUCH 3 YEAR LOW
CORPORATE EARNING ARE OK BUT THEIR INVESTMENTS ARE NOT COMING DUE TO BAD DEBT ISSUES, IS LIMITING THE GROWTH EXPANSION
COMPANY SPECIFIC NEWS:
DR REEDY GOT FAVOURABLE NEWS
RANBAXY SINGH BROTHERS ISSUE EFFECT FORTIS, ALREADY LOST 5.44% YESTERDAY.

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IMPORTANT DISCLAIMER:

STOCK TRADING IS A HIGH-RISK VENTURE AND TRADERS ARE THE MOST TO LOSE. IT DEMANDS CALM MIND AND PSYCHOLOGICAL BALANCE. IT IS A CHALLENGING JOB DUE TO PRECISION IN TIMING & LIMITED CAPITAL AVAILABLE WITH RETAIL TRADERS.

SO ALWAYS CONSULT YOUR EXPERT ADVISOR AND ALSO MAKE YOUR STUDY TO GET SUCCESS.
NOT TO DISCOURAGE BUT REQUEST PARTICIPANTS TO TIME & ENERGY TO EMPOWER THOSE MOST REQUIRED QUALITIES.
 ===============================================================
POSSIBLE ACTION AS PER MY STUDY: CONSIDER FOR EDUCATION

NIFTY:SUPPORT: 9885 & 9856 and RESISTANCE:  9946 & 9972
BANK NIFTY: SUPPORT: 24230 & 24185 and RESISTANCE: 24490& 24560
RELIANCE: SUPPORT:1576, 1572 and RESISTANCE: 1606-08         
AXIS BANK: SUPPORT: 494-92 and RESISTANCE:  506-08, crosses 516-18 in due course.
YES BANK: SUPPORT: 1732-28 and RESISTANCE: 1758-62, 1773          
RELCAPITA SUPPORT: 801-03 and RESISTANCE: 816-21, stock is very strong may touch 860, may consider a buy from 782-78
REL INFRA: SUPPORT: 491-89 and RESISTANCE: 516-18            
CENTURY TEX: SUPPORT: 1208-16 and RESISTANCE: 1248-52, likely to cross yearly highs soon, no shorting advisable.            
TATASTEEL: SUPPORT: 524-26  and RESISTANCE:  542-44          

VEDL: SUPPORT: 303 &301 and RESISTANCE: 314 huge investment plans.