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Wednesday, December 26, 2007

Buy - Triton Copr ( Bse Code : 523387)

Triton Copr which has just announced stock split of shares into Re 1 is slated for big action. Sources close to management are extremely bullish on the co. Promoters have 91% stake in the co and is likely to dilute 16% in favour of U K based fund. Post dilution 2 major acquisitions are lined up. We suggest compounded buying ahead of FII interest in this stock.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Saturday, Jun 28
02:00 Bank Stress Test Results 3
Monday, Jun 30
06:30 ANZ Activity Outlook 1 34.8
06:30 ANZ Business Confidence 1 36.6
06:30 TD-MI Inflation Gauge (MoM) 1 -0.4%
06:30 TD-MI Inflation Gauge (YoY) 2 2.6%
07:00 Private Sector Credit (MoM) 1 0.7% 0.7%
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