i Develop Stocks Advisory: Jai Corp......... Our Favourite from Rs.1100/-

Friday, August 10, 2007

Jai Corp......... Our Favourite from Rs.1100/-

Jai Corp was locked at the 5% upper circuit of Rs 5580.45 after its board approved a 1:1 bonus issue. The scrip surged 71.02% from a recent low of Rs 3107.60 on 25 July 2007 to Rs 5314.75 on 9 August 2007 backed by the company’s decision to split and/or bonus issue.

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Economic Event Calendar

GMT+5:30	Event	Vol.	Actual	Consensus	Previous
Friday, Jun 20
11:30	Public Sector Net Borrowing	1	£17.686B		£20.052B	Revised from £20.155B
11:30	Retail Sales (YoY)	2	-1.3%	1.7%	5.0%
11:30	Retail Sales (MoM)	3	-2.7%	-0.5%	1.3%	Revised from 1.2%
11:30	Retail Sales ex-Fuel (YoY)	2	-1.3%	1.8%	5.2%	Revised from 5.3%
11:30	Retail Sales ex-Fuel (MoM)	2	-2.8%	-0.5%	1.4%	Revised from 1.3%
18:00	Philadelphia Fed Manufacturing Survey	2		-1	-4
18:00	Industrial Product Price (MoM)	1		0.0%	-0.8%
18:00	Raw Material Price Index	1		-0.8%	-3.0%
18:00	New Housing Price Index (MoM)	1		-0.2%	-0.4%
18:00	New Housing Price Index (YoY)	1			-0.6%

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Friday, August 10, 2007

Jai Corp......... Our Favourite from Rs.1100/-

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