Educomp Solution zooming up due to fund raising plan.

Educomp solution is up almost by 11% odd. The stock is zooming up as the management has approved the issue of 16,20,000 equity shares of Rs 10 each at a price of Rs 3,745 per equity share (”Issue Price”) including a premium of Rs 3,735 per equity share, aggregating to an Issue size of Rs 606.69 crores.

The Stock Look strong and one can expect it to reach 3900 levels in near terms.

Analyst View : Hold Educomp Solutions with target of Rs 3850, says Nitin Murarka of SMC Global on Zee Business. Keep stop loss of Rs 3550, he adds.

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Profits from IndianMoneyPlus.Com's Receomendations.

My research have given a huge return over a period of time.

Here is a snap shot of it -

Hercules Hoists Ltd. recomended on 27th March at Rs 87 and now CMP of 148.35 in less than two months.

Nestlay India Ltd recomended on 8th March at Rs 1417 and now CMP of 1710 in two months.

OnMobile Global Ltd recomended on 7th March at Rs 230 and now CMP of 339 in two months odd.

Praj Industry recomended on 2nd March at Rs 49.50 and now CMP of 88.95 in 2 months odd.

Financial Technology Ltd recomended on 1st March at Rs 423.60 and now CMP of Rs 923 in 2 and a half month.

NTPC recomended on 1st March at Rs 184 now at Rs 205.

Educomp Solution recomended on 23rd feb at Rs 1771 now at Rs 2671.

Rajesh Exports recomended on 14th Feb at Rs 25 now at Rs 31

LNT recomended on 7th Feb at Rs 638 now at Rs 1400

Areva T&D recomended on 7th feb at rs 189 now at Rs 293.

Read this " Stocks to look for in the year 2009 "

And many more. We will now come up with weekly research report on various stocks. We will try out for 3 research report every week.

Cheers.

Happy Investing.

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Educomp Solution a stock to rock.

Whats hot these days ???
Dont know? It is the education sector. Thousands of B- Schools and Engineering Colleges are comming up in India.
This can directly and indirectly benefit Educomp.

Scrip - Educomp Solutions Ltd.
CMP - 1771.85 Rs.
Target - 2325 ( In 6 months )

Summary -
Educomp Solutions Limited (Educomp) is a provider of technology-based education products and services for kindergarten to twelfth grade (K-12) education. The Company’s principal business areas include Business-to-Business (B2B) initiatives and Direct Initiatives. Educomp provides technology enabled products and services to both public and private schools, including Smart Class, instructional and computing technology solutions (ICT solutions) and teacher training programmes (Professional Development). The Company sells educational aid, compact disk-read only memory (CD-ROM) and learning content through its online initiatives (including Mathguru and Learning Hour) and its offering initiatives (including establishing pre-schools, K-12 schools and higher education institutions). In May 2008, the Company acquired a 51% stake in Learning.com.
In October 2008, the Company acquired a 51% stake in Takshila Management Services Pvt. Ltd.

Recent Happenings -
Educomp Solutions has won orders from the State Governments of Uttar Pradesh (UP) and Assam for a total of 2,042 schools and the total size of these orders stands at Rs120 crore.
With these wins, Educomp has achieved its target of 12,000 schools in its ICT Business (government schools).
Educomp will supply computer hardware, software and connected accessories and provide computer-aided education in the specified schools and intermediate colleges from Classes VI to XII. The company will also provide one full-time instructor, supply courseware, impart training and provide electricity and internet connections at each school.

Key Drivers -
The retail segment, a tutorial service led by the math Web site mathguru.com is growing at over 600 per cent, and from insignificant contribution a couple of years ago now contributes 11 per cent of its revenues. The business enjoys a 70 per cent margin and would contribute to higher margins as it adds users.

Results -
Educomp Saw a 61.36 per cent jump in net profit at Rs 31.83 crore for the third quarter ended December 31, 2008

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Market outlook and Intraday tips for 17th Feb.

US markets end negative after a roler coster ride.
Europe also ended in red.
Asia is ought to open flat or may be negative.
Indian markets will open in the same way.
Markets react negative on Interim Budgets yesterday.

The support for the Sensex is 9178-9049 and the resistance to the up move is at 9445

Nifty: (2849) the support for the Nifty is at 2810-2779 and the resistance to the up move is at 2890

Day Trading Ideas.

HDIL
Buy above 83.25 for targets of 84.90 and 85.60
Sell below 79.65 for targets of 78.10 and 77.35

Educomp
Buy above 2068 for targets of 2075 and 2087
Sell below 2049 for targets of 2042 and 2035

Unitech
Buy above 30.85 for targets of 31.20 and 31.85
Sell below 29.10 for targets of 28.50 and 28.05

Sterlite Ind
Buy above 265 for targets of 268 and 271
Sell below 252 for targets of 249 and 245

Happy Investing.

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Market outlook and Intraday tips for 21st Jan.

Its been one year since markets have fallen from its peak. Last year on 21st Jan we saw Indian markets saw a blood bath.
US markets plung badly.
Europe is marginally lower.
Asia has opened weak.
India is bonded to open negative.

The target for the Sensex is 8945 and the resistance to the up move is at 9528-9708

Nifty: (2797) the target for the Nifty is at 2686 and the resistance to the up move is at 2870-2922

Day trading ideas

HDIL

Buy above 106 for targets of 108 and 110

Sell below 102.25 for targets of 100 and 98.20

Power Grid

Buy above 88.10 for targets of 89.85 and 91.25

Sell below 84.20 for targets of 82.10 and 80.50

Educomp Solutions

Buy above 1978 for targets of 1985 and 1993

Sell below 1958 for targets of 1950 and 1940

Happy Investing.

Are u angry on Ramalinga Raju? Then hit him with a rotten egg on his face.

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Intraday tips and Market outlook for 19th Dec.

US markets plunge in the later hours. Europe has ended flat to negative.

Asia has opened flat. Expect Indian markets to open flat to negative.

A bullish mode expected in NIFTY.

Inflation has cooled down from 8% to 6.84% in a single week change.

The support for the Sensex is 9800-9660 and the resistance to the up move is at 10350

Nifty: the support for the Nifty is at 2902-2883-2795 and the resistance to the up move is at 3240

Day Trading Ideas.

India Infoline

Buy above 53.70 for targets of 54.50 and 55.90

Sell below 50.35 for targets of 49.10 and 48.50

IDFC

Buy above 70.50 for targets of 71.90 and 71.60

Sell below 65.45 for targets of 63.25 and 62.50

Reliance Capital

Buy above 508 for targets of 511 and 515

Sell below 496 for targets of 492 and 489

Educomp Solutions

Buy above 2630 for targets of 2640 and 2648

Sell below 2598 for targets of 2590 and 2582

Wipro

Buy above 253 for targets of 255 and 257

Sell below 246 for targets of 242 and 239

Happy Investing.

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