Daily Recommendations

Dbhat:
Advance Micronic: (47.90) The stock has come out with a huge bullish break out after heavy accumulation between 44 & 19 on 200dma indicates total freeway ahead for this stock.

* Promoter OPTO CIRCUIT holds 59.71%.

Just grab this 10% dividend paying HEALTHCARE sector stock keeping stop loss of 44 on a closing basis.

All set to shoot up to 80 in next very few days.

Stock traded both at BSE only: 517552.

Insilco: (30.45) The stock has come out with a huge bullish break out after very recent accumulation between 29 & 19 on 200dma & as well as also broken out of it's long term accumulation zone between 29 & 11 indicates stock has turned long term total bullish.

* Foreign promoter DEGUSSA AG holds 73.11%.

Just grab this CHEMICAL sector stock keeping stop loss of 27.

All set to shoot up to 48 & 60 in very short span of time.

Stock traded at BSE only: 500211.

Hameed
MARKET BUZZ:

(May not be useful for day-traders.)

Ambika Cotton-Strong Thematic Play

Massive expansion will propel Ambika Cotton from Rs 91 crore revenue base to Rs 136 crore corporation by end FY06, a jump of 49 per cent. Profitability too will keep pace, rising from Rs 13 crore in fiscal 2005 to Rs 21 crore by end fiscal 2006, a jump of 61 per cent. The twin expansions, the first phase of which has been completed in January 2005 and which will complete in July 2005, will propel Ambika into a new league. This is how it is going about it and this is why the stock is in favour with funds which are playing the Textile Theme for 2005.

Ambika Cotton's expansion will raise its productive capacity from the present level of 42, 000 spindles (of which 11,000 spindles are of Compact Yarn) to 63,000 spindles by July 2005. This will come through an installation of another 21,000 spindles of compact yarn. The first phase involves setting up of 14,000 spindles including wind energy systems for 100% captive consumption at a project cost of Rs 67 crore.

The funding has been met by a term loan of Rs. 50 crore under the TUF Scheme and the balance out of internal accrual of Rs. 17 crore. The project assistance came through a Term Loan of Rs 50 crore (Rs 20 crore by IDBI and Rs 30 crore by Corporation Bank) under TUF Scheme.

While the first phase of the project became operational earlier this calendar year, the second phase involving an addition of another 7,000 spindles of compact yarn will be concluded in fiscal 2006. Thereby the total productive line will have a total capacity of 63,000 spindles, of which 32,000 spindles are of compact yarn.

The scheme for generation of wind energy of 6.6 MW costing Rs. 33 has been completed. The wind energy project was financially assisted to the extent of Rs. 26 crore by Banks under TUFS.

In addition, Ambika Cotton Mills is undertaking a new project for manufacture of high quality Compact Yarn and the setting up of Wind Energy Systems for captive consumption. The capacity of Wind Energy for this project is 4 MW (5 Machines of 800 KW capacity).

The Company in addition to the above, is undertaking a project for implementation of 2.4 MW (3 Machines of 800 KW capacity) to meet the balance power requirements for captive purposes in respect of the existing operations.

On completion, the total Wind Energy Capacity of the Company would be 13 MW which would cater the entire power requirements of the Company with consequent benefits of reduction in power cost.

Maral Overseas-Knitting a New Fabric

CMP Rs 43; BUY (Not applicable for day-traders.)

Lakshmi Jhunjhunwala group concern Maral Overseas may turn out to be the dark horse of the textile industry in fiscal 2006. On the back of sizeable export orders, a depreciating rupee against the US Dollar, cheaper cotton prices, closure of the domestic marketing division "Buddy Davis" and a shift towards high value added fabrics, will see Maral transform into a textile powerhouse this year.

There are signs of change. For the FY 2005 Maral reported Revenues of Rs 252 crore (Rs 242 crore), which shows an insignificant growth. But more important was the conversion of losses of Rs 23 crore in FY 2004, into a small profit of Rs 1 crore during FY 2005.

The corporate has an Equity base of Rs 20 crore, which gives a market capitalisation of Rs 86 crore on today's closing price.

Background

The story of Maral Overseas is a saga of excellence, an open book for all to experience and benefit from. It all began in 1985, when the Jammu Unit was set up in technical collaboration with Devanlay of France, manufacturers of the world famous Lacoste brand of sportswear. This was India's first vertically integrated plant.

Buoyed by this success, the second plant was commissioned in 1989 in the cotton producing region of central India at Maral Sarover, near Indore (M.P). The two ultra modern units combine to produce 1000 tons of yarn, 500 tons of fabric and 6,00,000 pieces of garments per month, making Maral OverSeas Limited, the largest vertically integrated unit in India.

In response to the growing international trend for cotton sweaters, the third unit was set up in 2001 at Noida, U.P. This fully computerised plant has a capacity to manufacture over 15,000 pieces of sweaters per month

Spinning

The spinning section of Maral produces yarns from Ne 10s to Ne 40s, as well as double yarns for knitting & weaving, using the latest machinery viz, Blow room to Ring frame machines from Rieter of Switzerland; Autoconers from Schlafhorst of Germany; Electronic yarn clearers from Loepfe & Uster Quantum of Switzerland, Two for One twisters from Muratec of Japan; latest generation testing instruments to analyse and monitor in-process sliver, roving, etc and the final yarn.

Knitting

The knitting section, too, is equipped with top-of-the-line machinery from Fukuhara of Japan, Orizio of Italy, Unitex, Falmac and Mayer & Cie, the machines are equipped with special attachments to produce Lycra fabrics; the collar making machines are from Matsuya and Shima Seiki, both of Japan. To top it all, a well-integrated system of stringent quality measures checks all fabrics meticulously to eliminate contamination and other faults.

Dyeing & Processing

The company's ultra-modern process house comprises the latest equipments and machinery in the world, latest soft flow dyeing machines from Sclavos, Greece and Fongs of Hongkong, Machines that can dye polyester under high temperature & pressure conditions, Producing dyed fabric without any pilling due to low liquid pressure and double nozzle system, without putting any stress on the fabric. Resulting in uniform and patchless dyeing. The finishing range comes from Santex A.G., Switzerland.

The equipment finishes into a soft and fluffy fabric with near total shrinkage control, both in the tubular and open-width form, the dye house is equipped with colour matching system from Data Colour International including Specto Flash 600, Gain Master dispensing system, Ahiba nuance sample dyeing, colour cabinet and Sclavos dye kitchen, the microprocessors, installed in the dyeing machines connected to a centralised unit, help in centralising control over the entire processing operation. Equipped with all kinds of latest testing machines from James H. Heal, UK such as TITAN, WASCATOR, GYROWASH for testing quality parameters of finished fabrics.

Garment Division

Comprising the latest from the world of garment manufacturing machines; Ex series of Pegasus stitching machines with back latch system in overlock machines and latest interlock machines, along with the Model 5550 computerised Juki lockstitch machines; GGT Automatic Cutting Machines for fabric cutting; Micromark Rs/20 model micro dynamic CAD/ CAM system; Stain remover work station from Taga, Japan; Needle detector from Hashima; Automatic pocket creasing machines of Sanko, Japan; Barudan 20 head 7 to 9 colours automatic embroidery machines; Impulsa steam presses; Hashima fusing machines ... and more.

Flat Knitting & Linking Machines for sweaters

Fully automatic and jacquard machines from Stoll, Germany, Multiguage effect machine from Stoll, Germany, Linking machine and mock linking machines from KMF, Germany, Greige circular knitted fabrics in grey- We produce 100% cotton and blended fabric in various knits such as single jersey, piquet, fleece, rib, honeycomb, interlock, flat back rib and auto striper. Dyed circular knitted fabrics in dyed form - 100% cotton and blended fabric in various knits like single jersey, piquet, fleece, rib, honeycomb, interlock, flat rib, auto stripper.

Shifting product profile

Maral produces a wide range of speciality fabrics like auto stripe, body dia, pleated jersey, dri fit fabric, mini jacquard, organic cotton, fibre dyed, mercerised fabric, lycra fabrics, enzyme washed, resin finished, easy care, Teflon finish, vegetable dyed fabrics. In addition, it produces a wide range of cotton knitted garments for active wear, sports wear and casual wear across various textures like s/jersey, piquet, interlock, rib, honeycomb, fleece, jacquard, flat back rib etc. in 100% cotton, cotton blend, dri-fit, tencel, polyester, lycras fabric. Maral also carries out enzyme washing for making cleaner surface fabric.

A Broad product range

Maral's Range of readymade garments include T-shirts, polo shirts, Rugby shirts, Hooded shirts, Tank tops, Shorts, Track suits, Sweat shirts, Undergarments, Bed Linens. In addition, Maral also manufactures fully fashioned sweaters for formal and casual wear using any yarn e.g. cotton, manmade, wool etc. in various knits and textures like gersey, argyles, farisles, cable, jacquards and pointelles. The product range includes Pullovers, Cardigans, Mufflers, Stoles in 100% combed cotton single yarn between Ne10's to Ne40's under the brand name of Maral and double 100% combed cotton yarn between Ne 10's to Ne 60's against special requirements.

Outlook

Maral is likely to conclude Fiscal 2006 with Revenues in excess of Rs 300 crore and after tax profits close to Rs 15 crore. This will work out to a FY06 EPS of Rs 7.5 for Maral, giving the scrip a PE of 6. A PE of 10 is where the Maral scrip should trade. This gives the Maral stocks a one year target of Rs 75. BUY.

Asethi:
101% , U don’t need Lion's heart to buy this Software baby.
Stock for Day & Swing Traders & yes of course... Short term Investors can buy........ !!
Goldstone Technologies Limited :531439
Traded @ NSE as :GOLDTECH
(Chart indicates , Stock is Pregnant..... expect some NEWS)
At opening bell , Have a close eye on 29. 85... crossover will take stock to 34 , 37 level in hours only.
*Expect a level of 42 , 44........................... very very soon !!
*Stop-loss :Rs. 28. 50 on closing basis.
*We boldly recommend to buy 25000-50000 shares and forget !!
*We don’t know any NEWS or development....... but chart indicates something is cooking.
*Stock coming out of huge accumulation...... so Don’t buy for Rs. 5-6 only. At least from this level it will zoom to Rs. 42 , 44 level.
*Please look @ the chart below & see client list :

Search this Pharma stock & u will become Millionaire
Technically , Above 59... in this month will zoom to 80 & very soon u will see a price of 94 106106.
*Risk :0%
Name starts from :P..... It will become darling of every trader , traded @ BSE only.
One or Two upper-freeze of 20% not ruled out.
Hint: Pioneer company in making IV Fluids and is the largest player in polypropylene segment as glass and polyethylene materials are fast becoming obsolete.
*Having 57 products in their basket !!
*Untouched by Bulls............ Till Today.

Kuberdhan:
GRAB THESE BLUE CHIP COMPANIES FOR MEDIUM TO LONG TERM !!!

BSE CODE 505196 @ 156.50

The company incorporated in 1974 under the name of Spundish Engineers Ltd (SEL). In 1984 Tractor India Ltd was amalgamated with the company. In 1986 the name of the was change to TIL Ltd. The company is India's leading providers of technology intensive, application specific heavy engineering equipment for use in core infrastructure sectors. Company’s product profile consists of material handling equipment, earth moving equipment, industrial generator sets and diesel engines. TIL manufactures lndia's largest mobile crane range from 5 to 100 tones in technical collaboration with world leaders.

As Caterpillar dealer TIL also offers power systems and engines beyond 1.6 MW to 12 MW.

TIL OFFERS:

· Diesel Generators Sets powered by Caterpillar engine made in India (180 KVP-2250KVP)

· CIA Power System for higher range.

· Gas/Heavy fuels based CIA engines.

As the present govt is insisting in building the World class infrastructure and spending heavily for the same, this company is still to see very good time ahead. So this is a very sound bet foe the investors.