Vijay Bhambwani

Torrent Power: Long Term Buy Call

During an interview Mr. Amitabh Chakraborty of Religare Securities said that the companies must perform well in the quarterly results in order to keep their stock valuations high. As per view of Mr. Chakraborty, stock valuations have seen a tremendous rise in last 3 months of year 2007. A net profit increase of 20 – 30 % has already been factored in the stock prices. So, companies need to perform better than this to outperform the market.

Satyam Computer Can Touch Rs 475-495

Concluding at Rs. 393.10 yesterday, Satyam Computer opened at Rs. 405.00 today. At 12:54 pm, the stock is trading 2.01% up i.e Rs. 7.90 up at 401.00, at BSE, on Jan 24.

The stock closed at Rs. 393.15, but opened at Rs. 400.00 at NSE. The stock is currently (at 12:57 pm) trading 0.34% up i.e Rs. 1.35 up at 394.50, at NSE, on Jan 24.