Indian Stock Market

Well, 5th & last stock is actually not a penny stock which has per share with closing price of 42.40 on 6th Jan, 21. However, this seems undervalued with potential to go up for sure. Bhusan Steel became Tata Steel BSL after it's acquisition. This group has still debt but iits revenue is continually improving under new management as follows.  september quarter witnessed highest revenue of 5519.4 crore.  september quarter also witnessed net profit of 328.08 crore after continuous losses in previous quarters. Operating & Net profit margin also is improving and hence I believe this company also should be on your radar.  Jai Hind. 

3i Infotech Ltd  which was established as  ICICI Infotech Ltd  is an  Indian  IT company, started in 1993.  3i Infotech was promoted by  ICICI Bank  but ICICI divested the majority of the shares in March 2002. Since it was started by ICICI, Banking ,Insurance & Asset Managment are the core sectors where they provide their services. They provide ERP and other IT services as well. In 2005, company touched its peak price of 150 + but kept on reducing ever since then specially after 2008 worldwide recession. However, if you look at recent development, this stock is the real hot cake with stock prices daily touching its 5 % upper circuit as following. As shown above, just within a month this stock has been doubled and is increasing in one side upward direction. Even I am trying to grad this stock since last one week but not able to buy a single share.  Reason: Why sudden hype over 3i infotech ? 3i Infotech has entered into definitive agreement...

 Do you beliver in Miracles/Luck ?  I will start believing in Luck/Miracles the day I will be able to buy this stock. Every single day, I check prices of various companies, without fail, I check price of this company and try my luck placing an order for this stock. Yet, I have not been able to buy this stock. Shares of this company are virtually never available for sale since there is huge gap in its actual value and current market price. Please watch attached video to understand the case better. https://youtu.be/wX01YoGWkCY Latest share price is Rs.14.04 but Book Value/Share is Rs. 347,598, Yes you read it correctly, every single share is worth 3.5 Lakhs Rupees. Its dividend yield also is more than 107% higher than any other listed company in India & probably in the world as well.  However, I am not writting much about this company only because of one reason. If you are not going to buy its share in the first place, what is the point in discussing so much ?...

Historically Indians are good bargainers. Aren't we ? we always like to buy at a bargain price. One dollar bill at 50 Cent is always welcome! This is applicable to share/stock market as well. I will share details of 5 companies which according to me are the best buy at cheap price. So, first in my list is Vodafone Idea. Before we start, please go through the following price chart. Before the merger, only Idea was listed on both the stock exchanges while Vodafone was a private limited company. In 2015, when it was at highest price of Rs. 120/share, it has now reached at a level of 11.90 by the end of the day on 5th Jan,2020. But wait a minute, this stock has already outperformed many of the established player as shown in following chart. on 18th Feb,20 it reached at the bottom price of Rs.3 and after almost 11 months, it is at a level of Rs.12. 400 % return in just 11 months. All this happened because of the following positive factors.  (1) As per latest updates, Cash-strap...