In markets you can’t rule out anything. Hindustan Lever as a momentum play? That's what we have turned up with this fortnight. This variety of stock grader tries to capture the more recent moves of a stock. It lets the more active investor focus on stocks that are currently on an uptrend. The emphasis is less on the fundamentals of a stock and more on price strength and lower volatility....
Despite the sharp market decline, lots of stocks are holding out very well. Our selection process has identified 40 stocks as worthy of the long term buy given their price strength and sound fundamentals. A lot of excellent companies have got low grades on the fundamentals and this is mainly because we not only include growth and margins in our calculation but also valuation. Valuation of many...
On 1 April 2008, Justice VM Kanade of the Special Court (for trial of offences relating to the securities scam of 1992) sentenced seven persons - including Ketan Parekh and Hiten Dalal to one year rigorous imprisonment and two others to six months simple imprisonment -- in a case relating to Canfina, a former subsidiary of Canara Bank.
Ketan Parekh, a close crony of the late Harshad Mehta,...
