Value Picks to Watch 17NOV2011

by Mir Mazhar Hussain

MTNL (FV 10) - 26.25

TTML (FV 10) - 15.10

Suzlon (FV 2) - 25.55

Unitech (FV 2) - 23.20

HCC (FV 1) - 23.30

DLF (FV 2) - 203.15

GMR Infrastructure Ltd (FV 1) 27.80

GVK Power & Infra (FV 1) - 10.55

Lanco Infratech (FV 1) - 12.15

KFA (FV 10) - 24.65

Jet Air (FV 10) - 241

RIL (FV 10) - 807

TATA STEEL (FV 10) - 400

ITC (FV 1) - 206

Indiabulls Securities (FV 2) - 6.95

Indiabulls Power (FV 10) - 13.25

Wire and Wireless (FV 1) - 7.3

Rana Sugars (FV 10) - 3.40

NHPC (FV 10) - 23.10

BUY Rana Sugars by Mir Mazhar Hussain

Rana Sugars (Symbol RANASUG) stock is currently trading at 3.95 on NSE.

Its Face Value is 10.

Year High is Rs.11

Year Low is Rs.3.70

I have been watching this stock for years. It is fundamentally a strong company.

Stocks like this with a face value of 10 won't stay below Rs.10 for too long.

I recommend buying 100,000 shares of Rana Sugars below Rs.4.

Sell it when it touches Rs.10. You gain 6 Lacs.

However the wait could be a few months.

Hope you all liked this Eid gift. Eid Mubarak.

This is an Equiwise recommendation by...

Mir Mazhar Hussain

mirmazharhussain@cerindus.com

RCOM gets $1.93 billion loan, stock soars 9%

The debt-laden Reliance Commmunication (RCOM) today announced a deal with China Development Bank (CDB) for availing a loan of Rs.6000 crore ($1.33 billion).

In a disclosure to the stock exchanges RCom stated that the loan of Rs.6000 crore would be used for refinancing the spectrum fees.

An additional credit facility of Rs.2,700 crore ($600 million) has been extended to RCom by CDB for imports and domestic deployment of telecom equipment from Chinese vendors such as Huawei and ZTE.

After witnessing heavy trading of around 34.42 million in the counter, RCom closed 9% higher on NSE.

RCom's closing price on NSE was 99.20 on 09-Mar-2011.