In the Stockgrader of your 27th March issue, you have not even mentioned Ispat Industries, though in the 13th March issue, you had given it a B grading. As I have unfortunately invested in this scrip due to the advice of my broker, I am keen to know the reason for its sudden removal. In your 17th January issue, you had a write-up on the antics of this scrip. Please advise if I should hold it.
I’m a regular reader of MoneyLIFE. Some time back, MoneyLIFE had given bullish calls on Birla Corporation, based on its high ROE. As per the newly-introduced stock-grading system, it has been given a C grade, with a note to sell all C- and D-graded stocks. Is there anything that has gone wrong with this company? Since Birla Corporation has become cheaper, it is a good opportunity to accumulate...
"No Sunshine in Autumn" (MoneyLIFE, 28 February 2008) seems to suggest that fighting the unilateral termination of the Senior Citizens’ Unit Plan (SCUP) is unlikely to achieve much. I beg to disagree. The question is ‘Do investors have a case against UTI MF?’ The answer is an emphatic ‘YES’ for the following reasons:
