Monday, January 23, 2012

GAIL Q3 net up 13%, plans capex of 9k cr for FY13

Gas Authority of India (GAIL) has posted an 13% rise in its December quarter profit to Rs 1091 crore year-on-year, partly helped by higher sales. Sales for the period also rose 35% to Rs 11260 crore. Shares of the company closed the day marginally down to Rs 369.95

During the quarter, GAIL's revenues from natural gas transmission business increased 9% to Rs 1087 crore. Its petrochemicals business grew 54% to Rs 878 crore, LPG segment revenues too grew 33% to Rs 966 crore.

Meanwhile, while giving an outlook on its capex plans for FY13, the company said it plans to spend around Rs 9000 crore for which it has tied up loans worth Rs 500 crore and will raise USD 100 million by March this year.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Dividend in FIBCF & FTDPEF

Franklin Templeton declares annual dividend in Franklin India Bluechip Fund (FIBCF) and quarterly dividend in FT India Dynamic PE Ratio Fund of Funds (FTDPEF).

FIBCF is one of oldest equity funds in the country and has a consistent performance track record over 17 years across market cycles. It currently has assets of about Rs.4066 crores from over 276,000 investors.

FTDPEF is a unique product that has built an enviable track record since its launch in 2003. It currently manages over Rs.1409 crores in assets across 31000 investors.


The details are:


# Inclusive of statutory levy

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Net FII Purchases & Sales during the week 16th Jan 2012 to 20th Jan 2012

Net FII Purchases & Sales during the week 16th Jan 2012 to 20th Jan 2012

FII purchases during the week:

16/01/2012: 364.5
17/01/2012: 447.3
18/01/2012: 1064.5
19/01/2012: 961.3
20/01/2012: 697.7

FII were net buyers of Rs 3535.30 crore during the week.

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Sectoral Performance During the week 16th Jan 2012 to 20th Jan 2012

Sectoral Performance During the week 16th Jan 2012 to 20th Jan 2012

MAJOR SECTORAL GAINERS:

REALTY: 8%
OIL & GAS: 6.40%
BANKING: 5.90%
CAPITAL GOODS: 5.50%
AUTO: 4.20%
PHARMA: 0.70%
IT: 0.30%

MAJOR SECTORAL LOSERS:

FMCG: -0.90%

MAJOR GAINERS IN SENSEX:

BAJAJ AUTO: 6.50%
ICICI BANK: 5.70%
AXIS BANK: 5.70%

MAJOR LOSERS IN SENSEX:

ITC: -3.80%
DR REDDYS: -3.25%
M&M: -2.50%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Trend in Global Market during the Week 16th Jan 2012 to 20th Jan 2012

Trend in Global Market during the Week 16th Jan 2012 to 20th Jan 2012

DOW JONES: 1.60%
FTSE: 1.90%
DAX: 4.40%
CAC: 4.10%
BOVESPA: 4.20%
NIKKEI: 3.10%
SINGAPORE: 2.10%
HANG SENG: 4.70%
SHANGHAI: 1.90%
SENSEX: 3.60%

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Important US Economic Data Releases for the Week 23rd Jan 2012 to 27th Jan 2012

Important US Economic Data Releases for the Week 23rd Jan 2012 to 27th Jan 2012

Tuesday
FOMC meeting begins.

Wednesday
FOMC meeting announcement
FHFA House Price Index
Pending Home sales Index
EIA Petroleum Status Report

Thursday
Durable Goods Orders
Jobless Claims
Bloomberg Consumer Comfort Index
New Home Sales
Leading Indicators
EIA Natural Gas Report

Friday
GDP
Consumer Sentiment

Source: www.sharetipsinfo.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Saturday, January 21, 2012

New Fund Offers Open for Subscription



Source: www.cafemutual.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

NFO: Indiabulls Bluechip Fund opens today

New fund offer (NFO) will close on 3 February 2012.

Indiabulls Mutual Fund has launched Indiabulls Bluechip Fund. The scheme will be jointly managed by Aviral Gupta, Amarjeet Singh and Sumit Bhatnagar. According to the AMC, this fund would provide investors an opportunity to invest in a core portfolio of carefully chosen best-of-class businesses with exceptional operations. The scheme is expected to benefit from the ongoing evolution of the Indian economy.

Investment Objective: To generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of blue-chip large-cap companies.

Investment Strategy: The AMC says the scheme will predominantly invest in bluechip large-cap stocks and/or in exchange traded derivatives on the S&P CNX Nifty or such bluechip stocks. 0-35% of the net assets will be invested in securities other than bluechip large caps and a very small portion of the fund will be kept liquid. According to the offer document, the fund manager would follow a top down approach to identify themes which have the potential to outperform. The final stock selection would be done through bottom up process, wherein stocks from the shortlisted themes would be picked based on valuations and business model.

Benchmark Index: S&P CNX Nifty

Type of scheme: Open – ended

Options: Growth & Dividend (Re-invest & Pay-out)

Minimum Application Amount: Rs. 5,000 and Rs. 1,000 for SIP

Minimum Redemption Amount: 100 units or Rs.1,000 and in multiples of Rs. 1 thereafter

Exit Load: 1% if redeemed/switched out within first year, NIL if redeemed/switched out after 1 year.

Source: www.cafemutual.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Morgan Stanley MF launches multi asset fund

Morgan Stanley Mutual Fund announced the launch of its open-ended Morgan Stanley multi asset fund which opens for subscription on January 17 and closes – January 31.

The fund has two plans:A and B. Plan A seeks to generate regular income through investments in debt and money market instruments, along with capital appreciation through limited exposure to equity and equity-related instruments. Plan B will have exposure to three asset classes: equity, debt and gold ETFs. Both plans will have separate portfolios.

The fund will be co-managed by Jayesh Gandhi and Ritesh Jain.

Anthony Heredia, CEO, Morgan Stanley Mutual Fund, said: “We believe that the multi asset fund category has tremendous potential for growth. In the current market environment, multi asset funds which seek to generate reasonable returns with lower levels of risk, should find favor with investors.”

Asset allocation of Plan A

Asset allocation of Plan B


Exit load: 1% if redeemed before 1 year.

Minimum Investment: Rs. 5,000

Additional investment: Rs. 1,000

Total Recurring Expenses: 2.25% for both plans

Source: www.cafemutual.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Axis Mutual Fund plans to launch Axis Life Plan

Axis Mutual Fund has filed an offer document with SEBI to launch its open ended fund of fund scheme- Axis Life Plan.

The fund aims to generate long term capital appreciation by investing in mutual fund schemes based on a target asset allocation structure linked to the time period between current date and target date of the respective plan. The target asset allocation of the plan is designed to become more conservative & reduce risk as it approaches its target date.

The fund will invest in a range of mutual fund schemes including equity funds, debt funds, Gold ETFs and offshore funds.

Minimum Application: Rs. 5,000

Minimum Additional Purchase: Rs.100

Exit Load: 5% if redeemed/switched out within 3 years


*Includes investments of up to 10% of the net assets of the scheme in domestic gold ETFs, balanced/hybrid funds. # includes investment in offshore funds up to 10% of net assets.

The scheme will have 4 different plans - Plan 2020, Plan 2025, Plan 2030 & Plan 2035. Each plan will have a different portfolio. The name of the plan mentions the target date based on which the asset allocation will be run as per the investment strategy. Target date will be December 31 of the respective year.

The indicative allocation that the scheme will follow is mentioned below:





Source: www.cafemutual.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd