Fixed Maturity Plans - Last week of May 2011

Dear All,

Following are some of the ongoing Fixed maturity plans available for investment in the market.

If you're unable to view the image properly, kindly click on the same to view an enlarged image.

Thanks,
Dewang K. Mehta
DENIP Consultants Pvt. Ltd

Food Bill……Cash v/s Grain

Under Food Bill norms the state government has to compulsorily pay a food security allowance to targeted sections in case of failure to supply food grain. Definitely the amount will be decided by the central government. The draft bill will projects improved modern and scientific storage and doorstep delivery of grain to targeted public distribution system outlets.

The need for such kind of bill is because majority of Indian population lives below poverty line and they hardly get two times meal.With this bill it is said that people who live below poverty line will get primary food i.e. Wheat and Rice at Rs.2 and Rs.3 per kg.

The National Food security ACT covers entire India except Jammu and kashmir.The main beneficiaries of this bill, will be selected from the poorest 46% in rural areas and 26% in urban areas. Another 29% and 22% of the population from rural and urban areas, respectively will be treated as general category. under this bill 7 kgs of grain will be given to every person belonging to priority households and 3 kgs to individuals from general households every month at subsidized prices.

The National Food Security committee is commissioned at Delhi which includes a chairperson, a vice-chairperson and five other members, provided that there at least two women and at least one person each from the scheduled castes and scheduled tribes.

Now lets look at the ugliest side of this Bill as the Bill says that it will give free food grains to the poor people and if not then compensation. After analyzing the Food bill i came to know that due to this bill many problems will be created like middle persons will create false scarcity in the market and will not supply food grains to the poor people and will pay them compensation as prescribed by the central government and they will sell the food grain in the market and earn profit. Thus the poor people will be left with nothing but to purchase food grain from the market at higher price and again they will get 1 time meal in a day rather then 2 time.

I personally feel that to implement this Bill first the road towards this bill should be clean then only some effective thing can happen otherwise the cycle will keep on going.





Thanks & Regards

Stevenson

Management Trainee – Fundamental Analyst
Mobile Number -- 8652708657
Denip Consultants Pvt Ltd

Shree Cements Q4 PAT at Rs 66 cr

Shree Cements has announced its fourth quarter results. The company's Q4 net profit was at Rs 66 crore versus loss of Rs 71 crore, year-on-year, YoY.

Its Q4 revenues were up at Rs 1,072 crore versus Rs 945 crore, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Neyveli Lignite FY11 cons PAT up at Rs 1,298 cr

Neyveli Lignite has announced its FY11 consolidated results. The company's net profit was up at Rs 1,298 crore versus Rs 1,247 crore.

Its FY11 consolidated net sales were down at Rs 3,949 crore versus Rs 4,121 crore

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Rel Infra FY11 cons PAT up at Rs 1,552 cr

Reliance Infrastructure has announced its FY11 results. The company's consolidated net profit was up at Rs 1,552 crore versus Rs 1,519 crore.

Its consolidated revenues were at Rs 15,408 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Fortis Q4 net up 43% on robust revenue from all hospitals

Fortis Healthcare's fourth-quarter (January-March) consolidated net profit surged 43% to Rs 38.8 crore backed by robust revenue growth from all hospitals. However, the company said net profit rose by 8% to Rs 29.4 crore after including the start-up costs of newly commissioned greenfield hospitals.

Net revenue during the quarter under review rose 26% to Rs 416 crore, Asia's largest private healthcare provider said in a press release Friday.

"We added eight hospitals to the network during the past year, including three large greenfield facilities in metro cities," said Shivinder Singh, managing director, Fortis Healthcare (India) Ltd, in the press release.

Operating margins on a like-to-like basis improved by 60 bps to 14.8%. However, with the initial start-up losses at the newly commissioned green field ventures, the operating EBIDTA (earning before income, depreciation, tax and amortisation) stood at Rs 56 crore, up 19%, reflecting a margin of 13.5%, the company said in the release.

Shares of Fortis Healthcare ended at Rs 160.60, up 2% on the Bombay Stock Exchange.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

NHPC FY11 cons net profit up at Rs 2,316 cr

NHPC has announced its FY11 results. The company's consolidated FY11 net profit was up at Rs 2,316 crore versus Rs 2,175 crore.

Its consolidated net sales were down at Rs 4,965 crore versus Rs 5,048 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

JSL Stainless FY11 cons net profit down at Rs 319 cr

JSL Stainless has announced its FY11 results. The company's FY11 consolidated net profit was down 19% at Rs 319 crore versus Rs 392 crore.

Its FY11 revenues were up 22% at Rs 7,534 crore versus Rs 6,149 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Havells India Q4 net profit up at Rs 69 cr

Havells India has announced its fourth quarter results. The company's Q4 net profit was up at Rs 69 crore versus Rs 65.8 crore.

Its net sales were up at Rs 841 crore versus Rs 674 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Take Solutions FY11 cons PAT up at Rs 70 cr

Take Solutions has declared its FY11 results. The company's FY11 consolidated net profit was up at Rs 70 crore versus Rs 32 crore.

Its consolidated net sales were up at Rs 500 crore versus Rs 351 crore.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd