Market leader in media stocks: ZEEL

Zee Entertainment Ltd with a market cap of 27000Cr is quoting at 266 levels at present. It has been consolidating in band of 260 to 300 since late Nov 2013 to May 2014. A breakout past 300 this time can take it to great highs. The stop loss should be kept at 250 level (closing basis).


Risk reward ratio is favoring buyers now. One should initiate buying at 266 and add more at 260-62 if it comes for a target of 350+.

Positive trigger would be more FDI in media sector. FIIs have increased the stake in ZEEL from 42% in June'13 to 48% by Mar'14. This shows undertone is bullish and good run is expected in near future!

Gudi Padwa Special: Accelya

Accelya Kale

Buy this wealth creator on Gudhi Padwa today at 758-760 levels with a small risk stop loss of 724 for a near term target of 1050 to 1200 once it closes above 825-835 levels for two days.

Accelya voted as 'IT Company of the Year' for 2014

Its in business of providing IT-solutions to Airways sector. The current market capitalization stands at Rs 1,128.43 crore.The company has reported a consolidated sales of Rs 73.31 crore and a Net Profit of Rs 20.3 crore for the quarter ended Dec 2013. Yearly revenue is around Rs.285-290 crore and Net profit at Rs.80 crore, a margin of 28%!!

Promoters stake is at 74.66% while FII have less than 0.5% stake. This means risk of falling when Nifty goes deep in red is minmal. Also, as promoters hold a high stake, just 1% more rise in stake and it becomes a delisting candidate. So to continue the current position, promoters need to sell their stake which should be 25% to 30% in premium to current market price of 760, which comes around Rs.950 per share.

Short term call: Glenmark

Glenmark Pharma : Largest pharma in terms of revenues

The share of Glenmark pharma can prove to be a wealth creator at this point of time. The stocks looks ready to find a bottom in coming 1st week of April. Around 540-45 is a strong support which can give the stock a bounce to 590 levels.
Above this, we can see 630-680 levels coming in period of 6months.

So go ahead and Buy with a sound stoploss of 540 on closing basis for a target of 590 in 2-3 weeks.