FIND THE BOTTOM FOR SEN- SEX

THIS IS THE JOURNEY OF SENSEX FROM 2002-2008 PREDICT THE BOTTOM
MAJOR SUPPORT FOR SENSEX -13600-13300-13000-12500.10700

MY PREDICTION -SENSEX MAY TUCH 12500 BEFORE DIWALI

HAPPY TRADING. DONT CARRY ANY SCRIPS DO INTRA DAY IF POSSIBLE

Denisons Hydraulics India Ltd

The company is having exclusive rights to sell the `DENISON` Brand
Products in India. However, with the changes that have taken place in
the ownership of `DENISON`, USA., and other places, the `DENISON`
products of foreign origin are likely to be marketed in India with a
different Brand name, which situation is likely to affect market for
company`s products in India. In the changed scenario, it is
expected that the products which can be offered at very competitive
price only can survive and the profit margins are likely to be eroded
to a greater extent.
Denison Hydraulics India Ltd has informed that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 16, 2008, to approve the issue of 4,50,000 (Four Lakhs Fifty Thousand Only) Equity Shares of Rs 10/- each for cash at par aggregating to Rs 45,00,000 (Rupees Fourty Five Lakhs Only) on a rights basis to the existing shareholders of the Company in the ratio of 1 equity share for every four equity shares held on the record date.
it has an equity of 1.8 cr and it has posted performance like
2006 it has posted35 cr turnover and net profit of 5.80 cr e.p.s at -32rs
2007 posted 51cr turnover 8.97 cr net profit e.p.s at 50 rs
2008 posted for half year (sep year ending) 28cr turnover 4.5cr .vs. 13.62turnover1.97cr
expecting 15cr for full year.ep.s of 83 rs
current price at 465rs trading at 5.5 p.e only
great buy. at current level

time to relax

HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD

HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD ( AN ULTIMATE BUY)

A NAME TO RECKON WITH : HNGIL, the largest and most prolific producer of glass containers, operating at present 10 furnaces at five locations (Rishra, Bahadurgarh , Pondicherry, Rishikesh, & Nashik ) with 42 production lines. In addition HNG has acquired a Glass Container manufacturing unit of M/s Haryana Sheet Glass Limited at Neemrana, Rajasthan. A fully integrated Group having its own foundry for casting, well equipped workshop for moulds and spare parts and captive power plants and quarries for sand with fleet for finished goods movement has given competitive advantage to its customers.

A MARKET LEADER : In the 5 ml - 3200 ml segment, HNG Group is the undisputed market leader catering to around 70% of the Domestic Market in the pharmaceutical, beverage, processed food, cosmetic and liquor sectors covering industry majors like, CocaCola, Dabur, GlaxoWellcome, Nestle, Pepsi, Reckitt Benckiser (India) Ltd., Smithkline Beecham, UB Group etc. Exports to South East, Middle East, Africa and First World Countries in Europe & North America.

ON SUPER FAST GROWTH TRACK: Its spirit to ascend newer parameters remains as insatiable as ever. The days ahead are gleaming with promise. With modernisation, upgradation and foresight to meet the emerging and more distinctive demands of the customers, the Group is all set for unprecedented achievements. With projected planned investment of Rs.3000 million in the next three years. Touching life in more ways than one and in total tune with the harmony of nature.

MILESTONES : In order to keep pace with changing technology and demands, the Group has acquired the Glass Division of L & T at Nashik in October 2005, having one furnace of 320 TPD melting capacity. HNGIL has also entered into a scheme of amalgamation with Ace Glass Containers (ACE) which scheme has been sanctioned by the Hon'ble High Courts of Kolkata and Delhi. Post amalgamation HNGIL's un-audited turnover as on 31.03.2008 stands at a figure more than Rs. 1100 crore.

it has posted 55.88 cr for nine months vs.22 cr last year .for full year expecting after amalgamation
of Ace Glass Containers Ltd turnover could cross 1000cr and profit could be 100cr

it has fallen from 1800 to 617 today .buy for long term target of 1000 rs in next 3months .

HNG Float Glass Limited

HNG group is planning to come up with an integrated 600 TPD Float Glass Project in the State of Gujarat at a capital outlay of Rs.550 crores. The commercial production for architectural processing and building glass will start by 1st quarter of 2008-09.

expecting 1500cr turnover for 2008-09 .and the shortage of glass. opening of more retail stores

and more +ve factors lead the company.