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Dear Readers, This is w.r.t. the Arman Financial Services Ltd (BSE Code 531179) investment cum arbitrage opportunity shared with you on 11th Nov’11 Note: The proposed Rights issue of company stands cancelled and therefore the arbitrage opportunity. However, we would still suggest you to continue holding with 3-4% portfolio allocation, as recommended earlier. The company had its board meeting yesterday. In the same they have authorized the board to: Issue, offer and allot up to 13, 58,130 equity shares at…

Dear Readers, As you must be aware that Cera Sanitaryware Ltd is our Alpha Recommendation for Jan’11, so we and our members have a vested interest in the stock. Even as the Indian ceramic industry is reeling under high costs, Cera Sanitaryware is looking ahead. The sanitaryware player is bullishly looking at acquisitions and retail expansion. Vidush Somany, Executive Director, Cera Sanitaryware listed out his plans in a recent interview. Some of the highlights of the same are as below:…

Dear Members, We attended the conference call of Sanghvi Movers Ltd, our Alpha recommendation for Aug’11. Sanghvi Movers directly caters to the crane requirement of varied sectors like Power, oil and refinery, Wind power, cement, etc. The management indicated 22-24% growth in top line for FY 12 over FY 11, however they also mentioned that economic scenario is grim. The policy action on the front of various issues like land acquisition, coal linkages, etc is lacking which is hurting investment…