Happy Deepawali: Samvat 2070

Muhurat Trading Session

We wish all our readers a very Happy & Prosperous Deepawali. May Goddess Laxmi shower her blessings, and Lord Ganesha shower happiness on all of us.

Samvat 2069 ended on a wonderful note as the Sensex hit an all time high.

We recommend our readers to take part in the Muhurat Trading session on this auspicious day. Few ideas for long term perspective are:

1. Alembic Pharma

2. GRP

3. Oriental Carbon

4. P I Ind

5. Shilpa Medicare

Over last couple of years, we have got some superb companies to participate in, such as Astral Poly Technik, Ajanta Pharma, Atul Auto, Avanti Feeds, Poly Medicure, Mayur Uniquoters etc and all of these have given some superb returns. The Q2FY14 results have been very good for most of the companies we have been tracking and hence existing ideas give more comfort and promise rather than something new and unknown.

The best stock to buy could be the one you already own – Peter Lynch

We would like to thank our readers for your support and collaboration in doing the in-depth research and groundwork. We are pretty optimistic about the year ahead and wish you Happy Investing!!!

Welcoming Samvat 2068…

Dear Friends,

Wish you and your family a very very Happy & Prosperous Deepawali!!! May Laxmi Ji shower her blessings and Ganesh Ji his happiness on all of us.

On this auspicious day, do participate in Samvat 2068 – Muhurat Trading session from 4:30 – 6 pm. Our Muhurat picks are:

  1. Nesco (560)
  2. Avanti Feeds (115) / IFB Agro (145)
  3. Balkrishna Ind (171)
  4. GIPCL (82)
  5. Indag Rubber (135)
  6. Gujarat Reclaim (1250)
  7. Atul Auto (107)

Look forward to your views. Have a happy and safe festive time!

Wish you a very Happy and Prosperous New Year

Dear readers,

We wish you a very Happy and Prosperous new year. While in 2010, markets performed quite well with a return exceeding 17%, we wish, 2011 is even better.

We are awaiting for the quarterly results ending December’10, about which we are optimistic. Since most of the things were positive in the last 3 months, the same should bring lots of cheers.

We loved your support and your valuable comments were our yardstick of efforts. As Dad always wanted to have a community of like-minded value investors, the blog has helped us in building the same.

We are in process of releasing some very useful tools for value investors in 2011 and keep the community growing.

Lots of wishes from Dalal-Street Team.

Wish you a very Happy and Prosperous Diwali

Dear Friends,

Wish you and your family a very Happy & Prosperous Deepawali!

Previous year has been excellent for Equity Investing and the long term looks equally opportunistic.

On the auspicious day of today, we would like to mention few new ideas which investors may explore and initiate investing on Muharat Trading today:

  1. Mangalore Chemicals (45.50)
  2. Facor Alloys (6.60)
  3. Nitin Spinners (13.50)
  4. Sree Rayalseema Hi-Strength Hypo (63)
  5. 3M India (3960)

Looking forward to your views.

Best Wishes. Happy Investing.

The good is getting better

Dear Friends,
with your support and good wishes, we are being able to open our new Branch Office at Lucknow.

“Mittal & Co.” – members of UPSE (Uttar Pradesh Stock Exchange) and business associates of “Asit C. Mehta”, has been encouraging value investing since seventies and entered the brokerage business in 1982 (yeah, this is our 28th year). With the support of our esteemed clients, teamwork of most enthusiastic employees and hard work done by everyone, the good has just got better.

You are invited to join us at this wonderful moment.

Investing in the heart of the city has become easier now.

We will soon be posting the pictures of the new office for our readers who might not be able to join us on the opening ceremony.

Keep your wishes coming,

Happy Investing,

from whole team of “Mittal & Co.”

Happy New Year!!!

Hi Friends,

Yeah, I’m a bit late in conveying my new year wishes as last few days have been highly hectic.

Markets have been roaring and stocks are flying. I think we should be careful going ahead and should start building cash levels. Q3 nos will be very important to judge the price vs value for many stocks.

Among the stocks we have discussed at our blog earlier, almost all have done extremely well. Few updates:

Manjushree: After very good returns in short term, I think we should do partial profit booking here.

Fresenius Kabi: Stock has done quite well and looks a bit expensive now. One may book profits on rise here.

Suprajit Eng: One can continue to hold.

Jaihind Projects: I feel the best is yet to come. One may look to add more on declines.

Siemens Healthcare: One should exit due to the merger announcement.

Asian Hotels: Stock has moved up smartly as expected but more room is left.

Few new stock ideas which can be considered at current levels and declines: Vipul Ltd, Himatsingka Seide & Tata Sponge. (I’ll post detailed logic later)

Where were we!

Dear readers, it has been more than a month since we last posted. Sorry for such a long wait.

While we were on official tours, audits and working on presentations, the world kept changing. A budget was presented, RPG group proposed the merger of its listed finance companies, Google Finance introduced many new features, Michael Jackson died mysteriously and much more. We will discuss about some of these events in upcoming posts.

Also, during this time, we were working on a new stock screener for our readers. We tried collecting past five years data of around 3500 companies. We are planning to release it within this week. Will love to have your views on it.

Welcome to dalal-street.in

dalal_street_0Dalal-Street” is also known as the “Wall Street of India”. This blog is dedicated to thousands of people who are the part of this wonderful world of investing. Their talks, their ideas, their success, etc. will be shared here.

The blog is authored by Pratyush Mittal. He is a Chartered Accountancy student and in the search of investing wisdom. What other place is better to start than our own “Dalal Street.”

To help him in guiding the way through are his wonderful friends and family members. Thanks to Dad, brother and everyone else. Special thanks to Mayur for helping me in setting up this blog.

So let the journey begin.