Roongta Rising Stock Pvt. Ltd

15/09/2015

04/09/2015

Market will be weak , gold up ,

$ heading to ₹ 71 ,

Korea n south Korea near to war ...

China reserve fall heavy...

USS n UK economy on hedge to fall ..

All bad news to be come in next week be careful in market ...
"World Economic Analyst predict within 100 days, Malaysia will collapse. Stock market & currency value will take a nose dive in a drastic manner.

This is due to world negative economic outlook; World's security issue due to terrorism - ISIS, & middle East conflict. There has been much fear on the Spartly Island; where China, Vietnam, Taiwan, Philippine and Malaysia want to claim ownership rights. The recent China & Russia military training exercise is to show their military alliance & strength. This is to tell US to lay off. Indirectly to warn US, Japan & Philippines, do not wage war against China or Russia.

The recent crude oil crash is due to oversupply. The Americans are pumping in the world more crude oil. The reasons: i) to hurt Russian's economy and her currency as Russian is world's no1. Oil exporter. US & EU are blaming Russia for Ukraine's turmoil & the unresolved MH 17 issue. ii) to stop terrorists, particularly ISIS for selling cheap smuggled crude oil from Syria & Iraq.

Malaysia is compounded by political uncertainty; corruption, abuse of one's power & withholding the truth.

The world has perceived Malaysia as no. 1 in world ranking in: i)Corruption & Scandals; and ii) world's champion in Credit Cards forgery.

So my dear friends & family members; please spend your money wisely. Keep your Money for rainy days. We are heading towards World economic collapse. The days ahead will be difficult and bumpy. The journey is tough & unpredictable. This will hit hard on All of us; regardless whether you are rich or poor."

04/09/2015

NFO: Sell Banknifty 16050 Tgt 16800 16650 SL Abv 16180
www.roongtarising.in

03/09/2015

MCX: Gold made low 26477 CMP 26480 our Tgt 26470 almost achieved book full profits
www.roongtarising.in Helpline 011 - 45578672

03/09/2015

Gold Made Low 26485
www.roogtarising.in

16/05/2013

Corporate News
The board of Maruti Suzuki, India's largest passenger carmaker has just cleared a proposal to start manufacturing light commercial vehicles (LCV). Senior Maruti Suzuki executives communicated this decision at an offsite with its vendors in Malaysia last week. (ET
Several Indian IT services companies, including HCL Technologies, Mahindra Satyam and Infosys as well as engineering conglomerate L&T, have bid for the services business of Chennai-based software firm
Highway developer IRB Infrastructure received a board approval to raise as much as Rs 5bn through private placement. (BS)
he law ministry has rejected the proposal to defer premium payments for distressed highway developers such as GVK and GMR. The road ministry will now either put up the projects for re-bidding or substitute

16/05/2013

Contents in today’s MORNING INSIGHT
Result Update: IRB Infrastructure Developers Ltd
¾ Revenues of the company for Q4FY13 and full year FY13 reported a growth of 11.2% and 17.2% YoY respectively. This was led by excellent growth in EPC division and improvement in toll revenues.
¾ EPC business margins continued to surprise on the upside and led to improvement in overall operating margins on yearly basis on a consolidated basis.
¾ Net profit reported a growth of 26% YoY for Q4FY13 and stood better than our estimates led by lower than expected depreciation and tax write back in BOT segment. We expect profit for FY14 to drop sharply due to commissioning of three projects and corresponding increase in depreciation and interest charges.
¾ We tweak our estimates and continue to maintain BUY recommendation on the stock with a price target of Rs 180 (Rs 184 earlier) based on sum of the parts valuations on FY14 estimates

10/05/2013

Contents in today’s MORNING INSIGHT

¾ Economic News

¾ Corporate News



Result Update: Punjab National Bank

¾ Core earnings (NII at 14.2% YoY) came largely in-line with our expectation while PAT growth was impacted by higher provisions. Liability franchise continued to improve - CASA share by 230bps QoQ with the shedding-off bulk deposits while loan growth was moderate as a part of conscious strategy to consolidate its balance sheet.

¾ Although reported NPA numbers improved QoQ, it is disguising the persisting asset quality risk for the bank. Gross slippage remained high (4% on annualized basis), while addition to restructured portfolio zoomed to Rs.64.4 bn (8.8% on annualized basis) as against the run-rate of Rs.25.7 bn seen during previous three quarters. Addition to restructured portfolio came at ~12.8% (annualized no) during Q4FY13, higher by any standard.

¾ We expect its return ratios to remain lower in near term - RoE/RoA are likely to come at ~16%/1.0% during FY14E as compared to ~24%/1.4%, seen during FY09-11. Hence, we retain REDUCE rating on the stock with unchanged TP of Rs.820 based on P/ABV of 1.0x its FY14E adjusted book value.



Result Update: Union Bank of India

¾ NII came marginally above our expectations at Rs.19.8 bn, up 5.5% YoY while strong non-interest income aided the net profit. Liability franchise remained stable QoQ at ~31% while loan growth came a shade below deposit mobilization leading to slight improvement in B/S liquidity. Slippage during Q4FY13 came at 1.9% (annualized), lower than the run-rate of 2.3% witnessed during previous three quarters. However, strong recovery/up-gradation led to decline in gross NPA.

¾ As stock trades reasonable at 1.0x its FY14E ABV, we upgrade the stock to ACCUMULATE from REDUCE earlier with revised TP of Rs.263 (Rs.235 earlier) based on P/ABV of 1.1x its FY14E adjusted book value. We are assigning higher multiple (1.0x earlier) for Union bank, after having more comfort on its balance sheet quality, which has seen consistent improvement during last three consecutive quarters.

08/05/2013

Stocks in focus

Index heavyweights like HDFC, Lupin and Ranbaxy Labs will report their earnings today. In the midcap space, shares of SKS Microfinance, Corporation Bank, Piramal Life, Future Retail, Jubilant Industries, KEC International, Orient Paper, Talwalkar, Simplex Realty, Sudaram Clayton and Triveni Engineering will also announce their quarterly earnings.

Shares of Oracle Financial Services dropped more than 5 percent after promoters of the company announced plans to sell stake via offer for sale to meet shareholding norms of 75 percent. Oracle Global Mauritius holds 80.3% stake in the company.

UCO Bank disappointed the street with its quarterly earnings. The stock was down 3 percent after bank's net profit slumped by 75 percent to Rs 49.5 crore from Rs 253 crore a year earlier.

Dewan Housing Finance surged more than 6 percent as company's topline and bottomline shot up by more than 100 percent to Rs 1727 crore and Rs 197 crore respectively.

The Indian rupee opened with 8 paise gains at 54.05 per dollar on Wednesday as against previous day's closing of 54.13 per dollar. Himanshu Arora of Religare feels the rupee is likely to strengthen against the dollar on surging inflows.

08/05/2013

Economy News

4 The Reserve Bank of India (RBI) will shortly come out with its clarifications on issuing licenses for more private sector banks, the Finance Ministry said on Tuesday. (Mint)

4 Congress' plan to pass the food security bill in the Lok Sabha by Thursday, even if Opposition tries to block proceedings, ran into trouble after Agriculture Minister Sharad Pawar insisted on a structured discussion in

the House on the issue. (ET)

4 State-owned power generator NTPC Ltd's plan to spend around Rs 96 Bn to revive its old power plants might help revive the ailing power equipment sector as well. NTPC plans to improve the falling plant load factors (PLFs) of seven power plants that are more than 25 years old. (BS)

4 Settling the issue of fixing coal prices, a Group of Ministers (GoM) has decided that the proposed regulator will not determine fuel rates, a job that will continue to be vested with the producers. The regulator, however, will be empowered to resolve disputes including disputes arising out of fuel supply agreements (FSAs). (ET)

06/05/2013

Economy News

4 RBI allowed banks which exceed the target of opening branches in rural areas in a year to carry forward the additional number to the next fiscal. (BL)

4 Amid a steep fall in gold prices recently and the resultant risks to the system, RBI has further tightened screws on gold loans by banks, restricting them to finance import of the precious metal only for gold jewellery exporters. (BS)

4 India's energy sector is preparing for a new regime for natural gas pricing and distribution with fresh norms for allocating the scarce resource and revised prices that makes the business attractive enough for companies to commit risk capital and boost output. The government proposes to grant the fuel-starved power sector the same priority as fertilizer plants for supply of depleting domestic gas. (ET)