to get full information on SESA GOA you can refer to:

http://data.dsij.in/fundamental/CompanyProfile.asp?Ticker=Sesa+Goa

Source: Dalal Street Investment Journal
www.dsij.in

Cairn reported revenues of Rs6.9bn for 4QFY10—up almost fourfold YoY, but significantly below our estimate. PAT, at Rs2.5bn, would have been higher, but for higher exploration cost charge-offs of Rs1.2bn during the quarter. • Mangala gross production in 4QFY10 was 17.5kbpd, up only 2kbpd over 3QFY10. • With commissioning of the second train (50kbpd) in May 2010, production has been ramped up to 60kbpd...

To read full research report you can refer to:
http://www.dsij.in/productattachment/BrokerRecommendation/Cairn%20Ind.pdf

Source: dalal street Investment journal
www.dsij.in

ITC’s Q4FY10 results (28% revenue growth, 27% PAT growth) were driven by strong performance
in core cigarette business (~9% volume growth) and higher than expected revenue growth in
non-cig fmcg as well as Agri business. Higher trade spends in Cig, adverse mix change in Agri
business and commissioning of Banglore hotel property impacted operating margins by nearly
150bps.

Raise estimates and target price. Given the gas price rate hike, we raise earnings estimates by 22%/19% for FY11/12. We also
raise the target price to Rs1,440 from Rs1,200 and upgrade to Buy. Better late than never. The gas price hike comes three years after
the Tariff Commission’s recommendation. The surprise was the quantum – straight from US$2/mmbtu (Rs3,200/tcm) to US$4.2/mmbtu (Rs6,818/tcm). The new price is much higher than the Commission’s recommendation, but in line with RIL’s D6 price and has validity until end-FY14....

To read more you can refer to :
http://www.dsij.in/productattachment/BrokerRecommendation/ONGC.pdf

Source: Dalal Street Investment Journal
www.dsij.in

The Global markets give out mixed cues this morning. U.S. stocks fell, wiping out the 2010 gain for the Standard & Poor’s 500 Index, as Germanys ban on certain bearish investments and a jump in mortgage foreclosures to a record triggered a flight from equities. European stocks retreated for the third time in four days after Germany unilaterally banned some bets against government bonds and financial institutions, sparking concern that regulation will increase. This morning Asian stocks fell, dragging the MSCI Asia Pacific Index down for a fifth straight day, after Japans finance minister warned about continuing deflation and concern grew about Europe’s debt crisis. In commodities, Crude oil gained for a second day in New York as some investors took the view a drop below $70 a barrel made the commodity attractive to buy. Gold gained, rebounding from the steepest loss in more than three months, on speculation that Europe’s fiscal turbulence will continue to fan investor demand for safer assets. Copper and zinc advanced on the London Metal Exchange as Japan’s economy grew at the fastest pace in three quarters. The Indian markets after yesterday’s beating are taking a breather this morning trading in green. The main gainers for the day are the Oil & Gas and PSU indices trading in green more than one and half percentage point. Realty and Metal still remains the main draggers this morning trading in red. Market breadth is positive with 1,292 advances against 1,127 declines. The Sensex trades in green at 16,492.13 gaining 83.64 points or 0.51 percentage points. Nifty trades at 4939.90 gaining 24.40 points or 0.50 percentage points.

Source: Dalal Street Investment Journal
www.dsij.in

Bartronics Limited, a provider of bar coding solutions has reported a three-fold increase in its net profit for the quarter ended March 31 2010. The net profit of the company has inclined to Rs 28.83 crore as compared to Rs 9.56 crore during the same period in the previous year.

For the entire financial year 2009-10, the company had posted a net profit of Rs 106.65 crore that is up more than a five times from Rs 20.64 crore that had been recorded by the company last year...

To read full analysis you can visit dalal street investment journal
www.dsij.in

In Q4FY2010, Bajaj Finserv reported a strong set of numbers by earning a consolidated net profit of Rs433.6 crore as compared with a net profit of Rs107 crore during the year-ago period. The strong performance was mainly driven by the life insurance business, which generated a pre-tax profit of Rs542.2 crore during the quarter as compared to Rs80.8 crore in the year-ago quarter. For FY2010, Bajaj Finserv has reported a consolidated profit after tax (PAT) of Rs554.53 crore, growing by more than 6x yoy...

To get the full research report you can refer :
http://www.dsij.in/productattachment/BrokerRecommendation/BajajFin.pdf

Dalal Street Investment Journal
www.dsij.in

The Indian Markets behaved in line with its global peers to close the day deep in red. The markets declined more than 330 points from the day’s high. Selling in\s witnessed in Metal and Realty indices declining more than two percentage point. The Oil & Gas indices also received heavy selling declining by almost two percentage point. The Healthcare and FMCG indices which are considered among the safe havens ended the day in green. The Sensex closed the day in red declining 271.27 points or 1.57 percentage points to close at 16,994.60. Nifty ends the day at 5093.50 declining 85.40 points or 1.65 percentage points. Market breadth was negative with 843 advances against 2,015 declines on BSE. On the global front European stocks dropped, with the Stoxx Europe 600 Index paring its biggest weekly gain since July, amid lingering concern that the region’s debt crisis will hamper economic growth. Asian shares and U.S. futures also fell...

Source: Dalal Street Investment Journal
www.dsij.in