NSE India (CNX200)

PTC India: interesting

Company profile: PTC India Ltd buys and sells electricity.

NTPC: new base set, buy

Company profile: NTPC Ltd. owns and operates power generation plants that supply power to state electricity boards throughout India. The Company is a public sector undertaking of the Government of India and it also undertakes turnkey consulting projects to set up power plants. 

Exide Industries: correction in uptrend

Company profile: Exide Industries manufactures a wide range of lead and electric storage batteries. The Company’s batteries for automobiles, railways, aircrafts, power stations, telephone exchanges, and other uses.

CESC Ltd.: correction in uptrend

Company profile: CESC Limited generates and supplies electricity in and around Kolkata. The Company also provides consultancy services for setting up power plants and for erecting transformers and electrical equipment.

Apollo Tyres: end of uptrend, exit-long

Company profile: Apollo Tyres Limited manufactures tires and tubes for cars, trucks, farm equipment and light commercial vehicles. The Company also manufactures car flaps and retreading materials.

Bharat Heavy Electricals: could get interesting

Company profile: Bharat Heavy Electricals (BHEL) manufactures power plant equipment. The Company’s products include gas turbines, generators, thermal sets, diesel shunters, turbo sets, hydro sets, power transformers, switch gears, circuit breakers and boilers. The Company also manufactures compressors, valves, rectifiers, pumps, capacitors, oil rigs, as well as castings and forgings.

Indian Bank: moderate buy

Company profile: Indian Bank is a full service bank owned by the Government of India. The Bank offers a wide range of services including a foreign currency banking unit at Colombo and specialized overseas branches at Chennai, Bangalore, and Mumbai exclusively for handling foreign exchange transactions arising out of export, import, remittances and non resident Indian […]

Asia & Intermarket

Spread: Topix-17 Banks (JP)

Profile: Topix-17 Banks vs Topix Large 70 Index, medium term outlook.

Mazda Motors: extremely weak

Company profile: Mazda Motor Corporation manufactures and sells automobiles, trucks, auto parts, and its accessories. The Company operates its business worldwide.

Spread: Topix-17 Construction & Materials (JP)

Profile: Topix-17 Construction & Materials  sector vs Topix Large 70 Index, medium term outlook.

Topix Large 70 Index (JP)

Profile: 70 Most liquid stocks of the Tokyo Stock Price Index. 

China Mobile (HK): good support reached

Company profile: China Mobile Limited, through its subsidiaries, provides cellular telecommunications and related services in the People’s Republic of China and Hong Kong SAR.

Beijing Enterprises (HK): prepare for trend reversal

Company profile: Beijing Enterprises (HK:392) is a diversified company. The Company brews beer, distributes natural gas through pipelines, invests in, designs, constructs and operates water supply and waste water treatment plants, operates toll roads, disposes of hazardous waste, and offers electronic payment systems.

China Resources Power (HK): pressure mounting

Company profile: China Resources Power Holdings Company Limited (HK:836) is a power generation company. The Company invests, develops, owns, and operates coal-fired power plants in China.

More Recent Posts

Trade Idea: Bridgestone (JP)

Profile: Bridgestone (JP:5108) designs, produces, and sells automobile tires. The Company also produces and markets scales to weigh racing cars and jumbo aircrafts and sporting goods including golf equipment, tennis rackets, and bicycles. Bridgestone operates its businesses worldwide. Summary: Weekly – sell

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MOIL: basing above support

| October 16, 2014 | India

Company profile: MOIL Ltd., offers mining operations and services. The Company operates mines located in the Nagpur and Bhandara districts of Maharashtra and in the Balaghat district of Madhya Pradesh.

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ITC: trend breach

| October 14, 2014 | India

Company profile: ITC Limited, a member of BAT Group of UK, is a holding company, which has a diversified presence in Cigarettes, Hotels, Paperboards & Specialty Papers, Packaging, Agri Business, Packaged Foods & Confectionery, Branded Apparel, Greeting Cards and other FMCG products.

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Trade Idea: Taisei Corp (JP)

Profile: Taisei Corp. (JP:1801) is a general contractor operating nationwide and overseas. The Company builds residential, commercial, and institutional buildings such as condominiums and single-family houses. Taisei also performs civil engineering works for roads. The Company, through its subsidiaries, operates real estate, resort development, and financial businesses. Summary: Weekly – buy

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