Pyramid Saimira (BSE code 532791) is currently trading at Rs 42.55 (52-week high/low Rs 551.00/39.60). It is one of the largest film exhibition companies in Asia. The Company’s topline stood at Rs 743.89 crore (Rs 164.32 crore) for FY08, recording a mammoth YoY growth of 352.71 per cent. For the same period the bottomline stood at Rs 57.87 crore (Rs 13.43 crore), posting a YoY growth of 330.90 per cent. The company’s top-line stood at Rs 502.67 crore (Rs 266.91 crore) for H1FYO9, posting a YoY growth of 88.33 per cent and the bqttomline stood at Rs 22.20 crore (Rs 31.12 crore), a decline of 28.66 per cent. The main reason behind such a decline in the bottomline is the rise in the operarecia- tional expenses and the interest expenses that stood at Rs 463.65 crore and Rs 10.95 crore and increased YoY by 105.66 per
cent and 495.11 per cent respectively. The Company is t modernize 250 screens in South India and plans to invest Rs 200 crores towards renovation in the next 18 months. It was rumoured that Pyramid Saimira is set to buy UK’S Reel Cinemas.

However, it later clarified that till date the discussions are in a primitive stage and the Company’s Chairman and MD had made a futuristic statement. The counter is currently available at a P/E of 2.46x of its trailing 12-month earnings and a P/BV of 0.72x. PSTL stock previously commanded a premium due to the new concept it bought into the market. The management
is very aggressively pursuing growth abroad apart from the country. The mute question is whether it will be able to manage such a huge expansion. This has led to increased risk, resulting in the counter taking a beating on the bourses despite growth.

We would suggest you to stay invested as the counter may give good’ recovery once the market stabilizes.

Tags: Pyramid Saimira (BSE code 532791), short term ideas, short term investment, stock investing, stock investment, stock market advice, stock market research

Network 18 Media & Investments

Network 18 Media & Investments (BSE code 532798) is currently trading at Rs 97.00 (52-week high/low Rs 541.55/77.10). It is one of India’s leading full play media conglomerates with interests in television, print, internet, filmed entertainment, mobile content and allied businesses. For FY08, the company has recorded (more…)

Tags: Network 18 Media & Investments, short term ideas, short term investment, stock investing, stock investment, stock market advice, stock market research

It is question of playing right cards - IMP Powers

The economic slowdown, which finds its origin to financial meltdown and has led to the demand destruction, has its silver lining. There is general consensus building in the country that to stimulate the demand, (more…)

Tags: IMP Powers, short term ideas, short term investment, stock investing, stock investment, stock market advice, stock market research

Provides solace to investors - Wyeth

The financial markets are suffering from uncertainty, both in India and abroad. The rising interest costs and the liquidity crunch are already pinching all the corporates hard. During these troubled times when
the investors are looking for steadiness, Wyeth, a debt-free, cash-rich company, provides some solace to them. During the current fall Wyeth has been steady, clearly showing its strength. (more…)

Tags: short term ideas, short term investment, stock investing, stock investment, stock market advice, stock market research, Wyeth

“Tata chem. announced successful refinancing of the USD 300 million bridge loan it had taken for funding the GCIP (General Chemicals Industrial Products Inc.) acquisition in Mar’08.” (more…)

Tags: stock investing, stock investment, stock market advice, stock market research, Tata Chemicals

Seamec Limited

Sundaram BNP Paribas Mutual Fund bought 3.25 Iakh shares of Seamec in October, increasing its stake in the marine support services company to 5.91 per cent (20.05 Iakh shares). Seamec, a 78.2 per cent subsidiary of French firm Technip, is a sub-sea contractor providing construction and (more…)

Tags: Seamec Limited, short term ideas, short term recommendations, stock investing, stock investment, stock market advice, stock market research

EID Parry (India)

Reliance Growth Fund recently bought 23.94 lakh shares in EID Parry (India), more than doubling its stake from 21 lakh shares (2.68 per cent) to 45 lakh shares or 5.04 per cent. The stock has suffered a 36 per cent erosion from its peak of Rs 267 on August 7,2008. During the last fortnight the company’s board (more…)

Tags: EID Parry (India), short term bet, Short Term Buy, short term calls, short term ideas, short term recommendations, stock investing, stock investment, stock market advice, stock market research

Acacia Partners recently raised its stake in Gruh Finance, a subsidiary of HDFC, to over 5 per cent, through market purchases. Gruh announced a 22.5 per cent increase in net profit to Rs 8.21 crore for the quarter ended September 2008, as compared with Rs 65.61 crore in the corresponding period a year ago. While (more…)

Tags: Gruh Finance, stock investing, stock investment, stock market advice, stock market research

Trent Limited
M Cap: Rs 586cr
Reliance Equity Opportunities Fund bought 75,000 shares of Trent last fortnight, increasing its holding in Tata group’s flagship retail company to 5.18 per cent (10.13 lakh shares). At Rs 300, the stock is down 64 per cent from its 52-week high of Rs 829 on December 27,2007.Trentoperatesa chain of stores under the (more…)

Tags: stock investing, stock investment, stock market advice, stock market research, Trent Limited

Zee Entertainment
M Cap: Rs 6,310cr
During the last fortnight, Oppenheimer Funds Inc bought 11.63 lakh shares, increasing its stake in the company to 10.2 per cent. Average trading volumes declined by more than 51 per cent to 2.76 lakh shares during the period and average delivery also declined to 36 per cent from 51 per cent in the previous (more…)

Tags: stock investing, stock investment, stock market advice, stock market research, Zee Entertainment