Markets Today (15th Sept 2010)

The markets kept rising today too and has added about 1200 points in the last 1 week.
BSE : 19502.11  +155.15   NSE : 5860.95  +65.40

Stocks For Tomorrow :

1. Halonix Ltd. (CMP 131.4, -6.90,-4.99%) is an auto ancilliary.It has seen quite a run up from 113 odd levels to 159 in a matter of 12 trading sessions and has been loosing since then. Fell down to 131 in the last 6 sessions.It's quarterly results were healthy compared to its previous quarters.
   The company is a leader in Lamps for the Auto Sector with a sales value of 400 Cr. The company is in the path of recovery after its dismal performance in the year 2009. It has caught Investors flavour only after its Q1 result. So, the stock may see a bit more of consolidation but in the long run it should rise again.
2. Promact Plastics (CMP 4.75, -0.50,-9.52%) Dilip Surana of Moneyvidya.com has a buy call on the stock. It is a micro cap company with a MKT CAP of 3.09 Cr. EPS : 2.74.P/E : 1.99  The 4.70 levels have earlier acted as a strong support for the stock.
   The Q1 result was dismal.The company deals majorlyin sacks & fabrics.The total sales for the company is around 11.2 Cr.
3. Kamat Hotels (India) (CMP 128.90, -7.05, -5.19%) MKT CAP : 204 Cr, EPS : 5.15, P/E : 25.03. The stock has had a rally from 115 odd levels to 149 levels in the last two sessions. The financials are grim like other Hotel companies. The Q1 result was extremely poor compared to 2009Q4 results.The stock was hovering around 113-115 levels after the Q1 results before watching a rally 2 days ago. The stock may consolidate further to the levels of 120 or so before making any breakouts.
4. TV Today Network Ltd. (CMP 79.45, -4.3, -5.13%) The share was trading at around 84 levels and then fell off to 79 odd levels in the second half. The only news on this counter seems to be sale of substantial volumes by HDFC MF. The stock has been see-sawing between the levels of 80-90. It has seen fall in the last two sessions. The stock may shoot up again. The stock is trading at its 52 weeks low. So the downside is fairly limited.The major source of income is from Satelite Broadcasting with a sales of around 285 Cr.
   MKT CAP : 458 Cr  EPS : 2.63  P/E : 30  
5. MVL Ltd. (CMP 79.75, -3.65,-4.37%) The stock has been falling continuously from the levels of 111. The company seems good with nice Q1 results.The volumes are quite high (1079216). The stock fell to the levels of 75 from 84 in the intraday itself and then corrected to 79 levels.It seems there is a lot of operator activity in the stock.
6. Welspun India Ltd. (CMP 63.3, -2.75,-4.16%) Deals in Terry Towels (Textiles) .The company is a market leader in its own segment. The stock has been falling over a month from the levels of 80 to the present level.The company's PAT has been detoriating over the last few quarters.It has a sales volume of around 1700 Cr from the cotton related products. The stock might be falling because of the cotton related policies of the govt. But the stock is already trading at a very low levels so, the downside is limited while the fundamental quality of the stock is very high.
   MKT CAP : 561 Cr.  EPS : 9.95  P/E : 6.36  Book Value : 70.86 
7. BPL Ltd. (CMP 41.8, -1.15, -2.67%) The stock was up yesterday on the news of the stock moving out of some govt funded help or something. It rose up to a high of 46 before settling down to 42.95. It has further corrected to below 42 levels. I expect it to correct further tomorrow to the levels of 40.5 before moving higher again. The story seems to be one of a distressed stock. Lets see how it goes ahead.The Q1 results were no good though over its previous quarters.
   MKT CAP : 202 cr  EPS : 1.04  P/E : 40.15