www.infystocks.co.uk: 04/02/2007

9 February 2007

Diamond Cables Ltd

Diamond Cables Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 08, 2007 has discussed and approved the following: 1. In order to finance the Companies expansion plans in HT power cables, finance the Working Capital Requirements of Power Infrastructure Group and to Create a fund for acquiring Companies in the Power Equipment space, the Company proposes to raise Rs 52.5 Crore by making preferential allotment of Shares. - The Board of Directors approved to Issue, offer and allot 25,00,000 Zero Interest Share warrants to the Promoters group, their friends and associates at a Price of Rs 150 per Share being the price more then determined by SEBI. Formulae on preferential basis. - The Board of Directors approved to Issue, offer and allot 10,00,000 Zero Interest Share Warrants to Clearwater Capital Partners Cyprus Ltd part at a Price of Rs 150 per Share being the price more then determined by SEBI. Formulae on preferential basis. - The Board fixed a date for March 09, 2007 for a EOGM for the approval of above said preferential allotments. 2. The Board of Directors of the Company has approved the Company's expansion into manufacture of High Tension Power Cables. The proposed expansion project estimated to Cost Rs 18 crores would be set up at Village Vadadala Taluka Savli Dist Vadodara near the existing Cables manufacturing facility of the Company. The proposed Expansion includes the Investment, in HT Extrusion facility with a capacity of 3000 kms per annum; The Company is also adding balancing equipments like Copper Wire Drawing Facility, Laying machines and Armouring machines. The proposed HT Cables Facility is State of Art computerized facility with the latest Technology which shall result in Huge Saving in the manufacturing facility. The Company's expansion into HT Cables will not only result in higher utilization of its Large Conductors and rod manufacturing facilities but the Company would be able to offer the entire gambit of HT and LT power Cables to its customers. The Expansion Project is expected to commence production before October 2007 and will add significantly to the Companys revenue in year 2007-2008. 3. To Companies "Power Infrastructure Group" of the Company has participated in Various turnkey projects under the RGGVY Scheme, Various HT and LT Lines Turnkey Projects & Feeder Franchise Projects, the Company expects to Generate Substantial business in the Year 2007-2008. In order to meet its financial requirements and capital expenditures the Board approved an Investment of Rs 25 crores in its "Power Infrastructure Group Business" over period of One year. 4. The Board received and approved a request from Clearwater Capital Partners Cyprus Ltd for conversion of 12,50,000 FCD into equity Shares of Rs 10 each being 50% of the total amount of 25,00,000 FCD issued to CCP Cyprus Ltd in August 2006. 5. In order to Share the Companies growth with its employees, the Board discussed a Employees Stock Options / Grant Scheme for its permanent employees in Order to facilitate the process of the scheme the Approved approved the scheme in principle and authorized the Whole Time Directors for the appointment of a Merchant Banker and Formation of a Employee Stock Option Trust to be Independently Handled by a Trustee & for Creation and constitution of Remuneration / Compensation Committee for framing the detailed terms and conditions for ESOP.Safe Harbor Statement:Some forward looking statements on projections, estimates, expectations, outlook etc are included in this update to help investors / analysts get a better comprehension of the Company's prospects and make informed investment decisions. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Investors are advised to consult their certified financial advisors before making any investments.

8 February 2007

weekly picks

Weekly pick'sBuy Satyam comp -- target -- 526Wipro -- target - 689Midcaps :Assam company ( 500024 ) -- Target -- 32Jphydro -- Target -- 40Rcom In consolidation Mode so Try and accumulate the stock @ 470 levels -- target -- 525Real estate sector can see correction in short term long term outlook for fundamentals stocks id bullish

7 February 2007

Indiabulls IPO is a first. Out of the million ideas that ended with a dotcom after their names, Indiabulls is the only one so far to have ended up with an IPO. And it definitely needs the Rs 42-50 crore that it is trying to raise. Other brokerages with heavy emphasis on electronic trading all have a pedigree: ICICI Direct has ICICI, Sharekhan has SSKI and HDFC Securities has HDFC Bank. Indiabulls does not.Having said that, IndiaBulls has done well for itself recently. It had an EPS of Rs 2.24 for 2003-04 compared to 0.66 in 2002-03 and 0.61 the year before. The boom in the earnings of the intermediaries is riding on the back of a spectacular performance on the bourses in 2003-04. The P/E, thus, looks a little reasonable at 7-8.5. In a normal year this valuation would look stretched.There is competition driving the margins down too. Apart from traditional brokers, there is E*Trade, Charles Schwab's e-broking outfit, looking at the Indian market. But increased competition that will bring more investors to India may not be such a bad thing after all. The test for Indiabulls' young CEO Sameer Gehlot and CFO Rajeev Rattan is how they stand up to the competition and ride the market.

indiabulls also in the race of bag filmes one must have bag filmes and indiabulls in his Portfolio we have targ of5o of bag filmes and600 of indiabulls in short peroid of time R.com @ CROMPGRAVE soon steel the show in capital market of india heavy fund buying seen in indiabulls rcom and in crompgraves we are also very much bullish in Ashokaley one must have delivery of all.

6 February 2007

level of nifty

we are very much postive on niftty one can play in niffty in feb with only one stoploss if nifty breakes 4135 than sell what u have market can show more than 100 point fall from here in nifty above4200 market still in postive direction only few stocks which we can accumulate here one is uti bank we can have a traget of uti bank 1000 and union bank 200 soon one can also have infosys and nuclues softwear in his profolio we also accumlating acc in very big quanity and we should prefer to sell sesgoa and tecmindra at2300 level one stock i also suggest for buying hotal leela at current level.