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Monday, July 6, 2009

What the street is saying

1)Scripscan:Tube Investments of India Ltd
cmp:48
Code:504973

Story:After taking a huge beating on the bourses,Tube Investments of India Ltd is back in the reckoning.Sources close to the management claim that the company is going to do exceptionally well in the coming quarters.Even some of the mumbai based HNIS are active on the counter again.The scrip at present is quoting at 48 and punters are betting for 60 odd in the short term.The company also has an insurance division which itself if value would come more than the present marketcap of til.These is a counter which may surprise one in the long run.

2)Scripscan:Subex systems Ltd
cmp:68
Code:532348

Story:Plenty of buying is happening on the subex counter on expectations of bumper numbers in the coming quarters.Market participants feels worst is certainly over for the counters and good times may have just set in.Subex has already tripled in just a matter of 3 months.Informed circles suggest there can be much more upsides in the counter as operators have started taking much interest in the counter.In light of these facts one can take a call on the counter at dips.People who bought at lower levels may sell half the quantity to make it an investment free bet.

3)Scripscan:Panacea Biotec Ltd
cmp:125
Code:531349

Story:If the market grapevine is to be beleived,then heavy accumulation is taking place in the counter since last few trading sessions.Resuluts are expected to be encouraging.Rumuor of a libeal bonus issue has been a strong buzz for the counter offlate.Further buying the fraternity cannot be ruled out.Market participants feels the counter to hit the roof fairly soon.

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Posted by Arun Mukherjee at 6:05 AM

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