MKT LIVE-24TH MAY 2007

-MKT TRDING LACKLUSTER
-long term story is still intact
-profit booking may seen in coming future
-be stock specific-look for front line stock which will recover soon
-matrix lab as indicated earlier today shut up 18% on goor result, 300 target is firm
-reliance capital has already came from 1020 level, short term investors , i told to book profit
-Another good news Divis lab recommends stock spilt, from rs10 to rs 2,
-to CHANDER SHEKHAR(NEW DELHI), thank you for using the blog for ur guidance, it will be better if u can give any contact email id , so that my service will be more better, hope u will visit frequently for daily updates, in your comment u have not mention at what price you got rcom, and bharti, but you hav invested in good stocks, and as a retail investors it is always good to invest for long term, shares like rcom , rel cap, rel ind, bhari, will always give you good return.
Recently i am bullish about telecom sector take rcom on every dip and stay invested till three - four years, u will get good return, see my blog post daily for more stock research- thank you
-to Sandeep- thank you Sandeep for your valuable comment, as you said really mkt is trading all time high, ang right now for long term investors its better to book partial profit and get some cash in hand so that in next dipo you can buy some good stock and reasonable price, see if you can get 40% profit by selling your current portfolio,
some scrips are like Praj ind- have to see after bonus issue, and DIVIS LAB as per todays news have to watch after stock split
-matrix lab result-
Matrix Labs Q4 net profit at Rs 54.3cr
Matrix Laboratories has announced its fourth quarter results. The company has reported net profit of Rs 54.3 crore (Rs 543 million) versus Rs 21 crore (Rs 210 million) in corresponding quarter of previous year. donot enter at current level, target is 300
-divis lab - again with strong performance both results and stock performing well, In the fourth quarter of FY07, its net profit was up at Rs 101 crore versus Rs 22.9 crore on YoY basis. During the corresponding quarters, the net sales figure stood at Rs 252.6 crore versus Rs 127 crore. It posted OPM of 40% versus 30.5% on YoY basis.
The FY07 EPS was at Rs 143. Divi's Labs board has approved 1:5 stock split.