VJonDalalStreet.com MF, IPO & Shares info - 53/2007
Readers Hi,
Even though the market is consolidating at its current level, we are hitting our targets. I hope you all are making some money!
1) Share Targets Achieved
*Type***
* **Company Name** *
*Date Added***
*Target Achieved***
*No of days***
*Reco Price***
*Target Price***
*Peak Price since Reco***
*Gain %***
*Annualized Gain %***
LT
Tata Tea
2007-08-20
2007-09-12
23
664.85
799
806.90
21.37
339.13
ST
Mercator Lines Ltd
2007-08-24
2007-09-12
19
52.00
63
65.00
25.00
480.26
http://www.vjondalalstreet.com/shares_tgt.html
2) Share Recommendations Added
- *Numeric Power Systems Limited*** - *Alembic Limited*
http://www.vjondalalstreet.com/shares.html
3) Coverage initiated on new Initial Public Offering (IPO)
- *Power Grid Corporation of India Ltd*
http://www.vjondalalstreet.com/ipo.html
4) IPO Allotment Status
- *None Today***
http://www.vjondalalstreet.com/ipo_allot.html
5) Coverage initiated on new Mutual Fund (NFO)
- *Fidelity India Growth Fund* - *ABN AMRO China India Fund* - *LICMF Systematic Asset Allocation Fund* - *ICICI Pru Indo Asia Equity Fund*
http://www.vjondalalstreet.com/mf.html
Happy Trading!
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*Today’s Tip: *
When you buy and sell shares, you will have to pay a brokerage fee and a Securities Transaction Tax. This could nip into your profits specially if you are selling for small gains (where the price of stock has risen by a few rupees).
*Term of the Day: *
*Dividend** *Distribution of a portion of a company’s earnings, decided by the board of directors, to a class of its shareholders.**
For more terms, visit http://www.vjondalalstreet.com/faq_glossary.html
* *
*Disclaimer*
All information provided is for informational purposes only, not intended for trading purposes or advice. Prior to execution of any trade, you are advised to consult your financial advisor to verify the accuracy of all information. We are not liable for any informational errors, incompleteness, delays, or for any actions based on information contained herein.
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