GAURAV BHATI

CO.NAME ? CMP TARGET STOP LOSS TIME ASHOK LEYLAND BUY 50 65/70 43 2-5 WEEKS CANERA BANK BUY 303 340/400 270 2-5 WEEKS ZYLOG SYS BUY 380 ? ? 2-5 WEEKS MOSER BEAR BUY 306 310/400 278 2-5 WEEKS

Huge spend on offshore E&P activities planned in India India is in the midst of a robust economic growth phase, which has translated into a strong demand for primary energy. India derives more than 37% of its primary energy requirements from hydrocarbons (crude oil and natural gas). However, the country still imports over 70% of its crude oil requirement and is starved for natural gas. With more than 80% of India’s sedimentary basin still under-explored, huge potential remains untapped. Over the last seven years, through six rounds of National Exploration Licensing Program (NELP) , the Government of India has attracted investments of US$12bn for exploration activities in the country. Of the 165 blocks offered in the six rounds of NELP, 102 have been offshore blocks. This offering has resulted in a huge capital expenditure planned for the offshore segment. after looking on this My recommendation is two invest in to offshore co. & for that My recommendation's are ABAN ...

Deccan Gold Mines Ltd - Deccan Gold Mines Ltd is the first privately owned gold exploration company in India to be listed on the BSE. Established as a gold exploration company in 2003, DGML now has a large portfolio of exploration prospects in Karnataka, Andhra Pradesh, Kerela and Rajasthan. India is the largest consumer of gold in the world but produces only a mere 2-3 tonnes of the precious metal on its own. Hardly any investment has so far taken place in the sector and Deccan Gold is one of the first companies to come into the field. Government has adopted a liberal policy towards the mining sector and FDI is allowed upto 100%. While this is good, release of Prospecting Licences has been slow and this has prevented large investment from coming into this nascent industry. Being aware of this bottleneck, the Prime Minister and the Minister of Mines have recently set in motion a fast track approach for giving such licenses. It is hoped that this will lead to more production of gold a...

Zenith Infotech looking at possible Nasdaq listing, stock gains 17% Zenith Infotech gained 16.52% on the news that the company is looking at possible Nasdaq listing, according to sources. The company is looking at raising USD 30-50 million via this listing but the management said that they are not looking at Nasdaq listing for 3-6 months. The stock gained Rs 53.85 at Rs 379.80 at 1:56 pm and trading with volumes of 128,858 shares, compared to its 5-day average of 4,631 shares, an increase of 2,682.39%. It has touched an intraday high of Rs 391.10 and an intraday low of Rs 315.25. The current market cap stood at Rs 449.07 crore.