Ramesh S Damani : Hello everyone thanks for joining. Let's start
skf : dear sir, good evening
Ramesh S Damani : Good evening.
Seema : Three Ques: 1. what do you think of Dr Reddy? 2. how is its generic grug pipeline for US doing? 3. Which one would you buy Ranbaxy or Dr Reddy??
Ramesh S Damani : Reddy's model is under threat.US co's are lisencing own copies of drugs. Rambaxy and Reddy are a tough choice at this time.
jatin : iam having lupin @670 what is ur call hold or sell?
Ramesh S Damani : Results may be flat this quarter.
profit : sir today market was up subsequently ? will markets correct in future ?
Ramesh S Damani : Oil remains a concern, otherwise markets would be okay.
Newbiesatstock : Sir Goldiam International has been rising for sometime now, whats your view on the stock from here on , do you see significant returns.
Ramesh S Damani : It seems to be trying to get out of the 60-64 band.
ASH : Why despite a dividend of Rs 16 per share Balaji Telefilms is flat
Ramesh S Damani : I think it is a buying oppotunity.
tradeInvstmt : DAMANI UR CALL ON NUCLEOUS I BILIEVE RESULT IS OUT
Ramesh S Damani : Looks good.
suven : I am a regular reader of your chat column.This is the 1st time I am putting a question to u directly.Pls answer.Can I have ur views on torrent cables.It is not at all moving up
Ramesh S Damani : You need to be patient in these stocks. Stocks don't move up because we buy them. Let's watch results for a couple of quarters.
Kiwi : Are there any zirconium mfrs. or re-sellers listed in India? I'm aware of the global boom in zircon products. thanks
Ramesh S Damani : None that I know of.
sanjeev : What do u think about HMT and Hindustan Organic (HOCL) after disivestment news from goverment?
Ramesh S Damani : These are companies with huge losses and poor prospects, so be careful.
VAVNATHAN : Mr.Ramesh, what about jagsonpal pharma, Nucleus software and Tata elexi, whether we can buy these sotcks at the current market price for 2/3 yrs. investment purpose?
Ramesh S Damani : I like Nucleus at current prices, I trade in it.
profit : sir can you please today give at least 5 good stocks for us ? its a long time sir ? please sir
Ramesh S Damani : I have nothing really new, I added. Nucleus, Swaraj Engines.
bpshah : what do you think about financil tech. at this price.
Ramesh S Damani : Seems a good bet.
jAWAHARLAL : sir, were you pleased with tata elxsi quarterly results? should we expect better performance in next few quarters as well as a healthy dividend?
Ramesh S Damani : Yes, results are on track. Q3 should be better. Dividend could be between 5-6.
VAVNATHAN : Mr.Ramesh, Your view on Sundaram, FDC, SKF, whether at the current marker price we can accumulate these stocks?
Ramesh S Damani : They all look good to me, I own 1and 3.
Sharma_new : Damaniji r u trying to avoid questions on Elxsi?
Ramesh S Damani : I dislike commenting every weekon stock moves. It remains a core investment in my protfolio, the rest is for you to decide.
Deepak M : Mr. Damani, Good Evening. Whats your view on Tata Honeywell in the short term
Ramesh S Damani : Bullish
Newbiesatstock : Whats the dope on tata elxsi the results were good , the stock ran up too much, is this one of those plays which has a good story but will do well quarter on quarter.also i was talking to someone a lot of the "good staff" has left the company earlier the animation arm of it and joint various other companies (utv etc) your views.
Ramesh S Damani : They are in a good mode for growth.with name they should be able to attract talent in animation.
gops : Sir, do you have any companies in the casting sector . Can u please give one dark horse in this
Ramesh S Damani : You mean like Bharat Forge.
wily : will i get the dividend if ibuy balaji tele now
Ramesh S Damani : They declare it, yes.
profit : sir after a sharp rise on godrej industries from 44 to 91 its is consolidating at 74 level ? what do you suggest ? cab go upto 150 in 2-3 years ?
Ramesh S Damani : I hope so.
sanujkadavl : SirMeeting with you, it was a great moment in my life. And your presentation was excellent on 5-MINDS THAT MOVED THE MARKETS But unfortunately I couldn't ask anything to you.I was totally panic, I had lots of doubts and questionsSurely next time I can talk to you more
Ramesh S Damani : Thanks for coming. I am sure you will do well in your career. Feel free to email any Q you may have.
amanshah : Mr. Damani is there any news on GATI ltd. counter has started moving in higher band.A friend from leading brokerage house sees it going to 50 levels atleast..any feed back
Ramesh S Damani : No feedack it is a cheap stock though.
VAVNATHAN : Mr.Ramesh, what about a company called Helios & Matheson information tech. ltd. they have announced 1:1 Bonus issue and second qtr. result are good.
Ramesh S Damani : No good info really.
shaman : sir what is ur opinion on Sona Koya Steering and Carborundum universal?
Ramesh S Damani : They both are doing well.
profit : sir markets had a good run up in the few months ? now after earning seasons are over do you see a sharp correction ? sir which sector will be the safest to invest ?
Ramesh S Damani : Tech seems the best bet since it's not exposed to oil.
VAVNATHAN : Mr.Ramesh, Thanks very much for answering all my questions and it is better to wait to buy good stock at the fall then to buy at high price?
Ramesh S Damani : No answer is right all the time. It is a matter of judgement.
sanujkadavl : SirUDAY KOTAK one of the most respected name in Indian investment banking, merchant banking, share broking, Asset management etc.The management is strong, corporate governance is excellent; investors should give a P/E of 15-18 to this emerging starKotak Mahindra Bank is an emerging story in Indian banking space and has the substantial upside potential over the next 3-4 years. I think It is going to be a 5Bagger in 3-4 years Kotak Mahindra bank has 14 subsidiaries, and the bank holds majority stakes in most of the companies.Like- KMCC (75%), KOTAK SECURITIES (75%), Kotak prima plus (60%), OM KOTAK LIFE (74%), Kotak asset mgmt (100%) etc. at 120cr equity stock trade with a p/e of 13times to fy03 EPS and mkt/cap of 2300cr. This gives lots of opportunity in longer term; a conservative investor can expect a compounded return of 25-30% in the next 5years. And the management is very keen on shareholder value and should unlock the value like, floating of KOTAK SEC and OM KOTAK LIFE over p
Ramesh S Damani : You are on the right track. I've the share. Time to grow though.
Hitujs : Mr Damani Could you kindly suggest any listed Indian company with interests in the RFID space
Ramesh S Damani : I think Tata Infotech, Wipro, Infy will be doing some work in this area
amanshah : in auto ancillary pack banco products with excellent dividend yeild is not moving much...A good stock to accumulate??your views??
Ramesh S Damani : I think so.
gops : sir, i am taling about tayo rolls,magna electrocasting etc. any idea on these stocks and on the sector whole
Ramesh S Damani : They had good results today, but I dont follow them.
Newbiesatstock : Do u find it easier to trade in stocks you dont mind taking delivery ?
Ramesh S Damani : Delievery sometimes is a matter of conviction.
profit : sir please comment on tisco ? please reply sir . thanks in advance.
Ramesh S Damani : Profits should be good , so hold on.
sureshmakhija : sir ji good evening nice to c u on chta after long time as was bussy in my work sir seeing the sucess of four soft prodouct e supplu on logistic which is one of its kind in the world and its acceptance by acompanys how do u consider the future of four software plzz comment
Ramesh S Damani : I have some shares but I need to visit them to have a firm view. I would buy some at current rates.
sunrams : hello sir some time back you where favourable of Bank of Punjab what are your views now
Ramesh S Damani : You can initiate a trading position at these rates.
madhud : Ramesh - Who is the Ramesh M Damani we see on the bulk trades - related to you ?
Ramesh S Damani : Another guy, not me my middle initial is S.
profit : sir do nifty have the potential to cross 1850 in november ? do you think so ?
Ramesh S Damani : It
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is a barrier, technically.