Hot Stock Profiles

Last year in December Tecpro Systems have listed itself on the bourses and since then it has underperformed and reported a fall of 41% in the Sensex during the period. Reports also suggest that in last five years company has recorded fantastic growth in sales and operating profits and last year only it has registered a strong financial performance.

All the big power plants like, cement and steel industries depend upon Tecpro Systems as a turnkey solutions provider for bulk material handling. The company is also capable of handling coal and ash.

During period ended March 2011, company’s top line grew 35% to Rs 1,973 crore while is bottom line rose by more than 24%. For the year, company’s operating profits raised by 60 basis points only because of its inability to cope up with rising commodity prices. The

Read more…

To be successful in trading means that you make money and the most important rule new traders must understand is that it’s more important to make money than it is to be right. The goal is simply to make more money on the winning trades than you lose on the inevitable losing trades. Just like in baseball, it is possible to be wrong 60-70% of the time but still make money in trading. A batting average of .300 is usually good enough to be immortalized in the Baseball Hall of Fame, yet traders often try to be right at least 90% of the time.

Grasping this idea is actually the first step towards becoming a winning trader. It requires you to see the logic that the winning percentage isn’t as important as the dollars gained. Trading is a logical undertaking, but it means thinking differently than the average person does. First, you need to ask yourself if you’d rather be right or make money. If yo

Read more…

Considered to be the most anticipated initial public offering to come out of Silicon Valley in years, LinkedIn will begin trading on the New York Stock Exchange on Thursday May 19, under the symbol LNKD. The social networking service aimed at bringing professionals together has been operating for eight years, and is now in the position to go public. Investors were eager to buy into Linked In, with its top of the range IPO share price at $45, valuing the company at $4.25 billion. The last American-owned Silicon Valley company to go public was Google, seven years ago. If this move by LinkedIn proves successful, it may well open the gates for other social media companies such as Twitter, Facebook, Groupon and Zynga to do the same.

With its three revenue streams – premium subscriptions, online advertising and recruitment hiring tools – LinkedIn has more than 100 million users, from more than 200 countries and territories around the world. T

Read more…

01-Jul-11 15:30 ET Dow +153.90 at 12568.24, Nasdaq +39.02 at 2812.54, S&P +17.44 at 1338.08

Weakness in the commodity complex led to a 0.3% decline by the CRB Commodity Complex. For the week, the CRB fell 1.8%.

Oil prices pared losses seen in early pit trade to log a 0.7% loss at $94.79 per barrel, but the energy component finished the week 4% higher than where it began.

Natural gas prices fell 1.4% to $4.34 per MMBtu. The commodity was under pressure all session, but it was able to advance almost 3% for the week.

Precious metals also performed poorly today. Specifically, gold prices dropped 1.3% to $1483.80 per ounce while silver sank 3.2% to $33.72 per ounce. For the week, though, gold prices fell 1.1% while silver prices shed 2.8%.