Published by CP

1. V Valuehunt
Morning Notes – 22 November 2012
Market Commentary
Domestic Institutional Investors (DII) is selling! What does it mean?
For the last 30 trading days, DII had sold INR 52,431 million worth of stocks. Guess who is the buyer? Foreign
Institutional Investors (FII). DII sells – FII buys! This is a sign of market weakness. This is a clear indicator that
market valuation is not justified. Who else would know much better about the market than its own people? DIIs
are from this country – they might know better about this country. They are making use of this situation and
cashing their money. So as value investors, better be patient in the current market scenario. Unlike market
experts think, we strongly believe that market will correct in coming days.
CP-Artha Model Portfolio
Our holdings:
1. FDC Ltd
2. Gujarat State Fertilizers & Chemicals Ltd (GFSC)
3. Menon Bearings Ltd
4. Jindal Poly Films Ltd
5. Parrys Sugar Industries Ltd
6. Kilitch Drugs India Ltd
7. Brescon Advisors & Holdings Ltd
8. Liberty Phosphate Ltd
9. Rossell India Ltd
Contact Us:
E-Mail : dhananjayan@artha-cap.com | Mobile : +91 96294 74080

2. V Valuehunt
Morning Notes – 22 November 2012
Global Indices Nifty Movement FII & DII Turnover Currency
Close Change 5,900
Points Buy Sell Change (%)
Price (%)
FII (Rs.mn) 20,706 18,880 INR - USD 55.29 0.3
Nifty 5,641 43.2 0.8
Nifty
5,615 Change (%) (13%) (16%)
Sensex 18,460 131.1 0.7 5,700 INR - EUR 70.49 (0.2)
0.78%
DII (Rs.mn) 7,564 8,895 INR - GBP 87.94 0.2
Nikkei 9,223 (95.5) (1.0)
Change (%) (2%) 14% JPY – USD 81.80 0.1
Straight Time 2960 3.3 0.1
5,500
Hang Seng 21,524 296.4 1.4 **FII – Foreign Institutional Investor
13-Nov-12 21-Nov-12
**DII – Domestic Institutional Investor
Shanghai 2,030 21.3 1.1
FTSE 100 5,752 3.9 0.1
CAC 40 3,477 15.3 0.4 Special Situation Stocks
DAX 7,184 11.7 0.1
DJIA 12,836 48.4 0.4
S&P 500 1,391 3.2 0.2
Company Special Situation Comments
NASDAQ 2,926 9.9 0.3
Stock plunged more than 20% due to parent
Sectoral Indices Honeywell
Plunger company trying to sell 6% to make public
Close Price Change (%) Automation India Ltd
Realty 1,878 2.5
holding 25%
Oil & Gas 8,005 0.4
Metal 9,791 0.7
Bankex 13,156 1.3
Capital Goods 10,512 0.2
Power 1,919 (1.0)
IT 5,684 0.9 Company to decide on buyback of equity
Auto 10,550 (0.2) Geodesic Ltd Buyback
FMCG 5,780 1.4 shares of the Company
HeathCare 7,696 0.8
Contact Us:
E-Mail : dhananjayan@artha-cap.com | Mobile : +91 96294 74080

3. V Valuehunt
Morning Notes – 22 November 2012
Nifty Gainers Headline News
Economic Times Business Standard
Close Change (%)
Company
Price  RBI overplaying inflation; must focus on growth:  SpiceJet to raise capital through preferential allotment
JP Associates 88.80 3.38 Bhagwati
Sun Pharma.Inds. 700.45 2.54  HP's $8.8bn write-off pulls down MphasiS stock
Cipla 389.40 2.51
 Pharma exports to touch $ 25 bn by 2014-15
 Discontinuing mini derivative contracts to hurt retail
Tata Power Co. 100.60 2.18  DB Realty arm may sell stake in hotel project investors
ICICI Bank 1,044.45 1.99
 Ashok Leyland's new fuel efficient technology  Markets end higher led by private banks
 No plan to acquire any telecom player: SSTL  Indirect tax collection rises 17% in April-Oct
Nifty Losers  'SAIL's inventory starts shrinking'
 Euro zone, IMF fail to strike Greek debt deal
 FMCG cos betting on chemists to push sales of
Close  LIC, EPFO to pick up AI's Rs 7,400 cr bond issue at 9.08%
Company
Price
Change (%) products
 Which way is the market headed
NTPC 162.00 (3.77)  Government is not considering raising RIL gas price
BHEL 222.20 (2.61) before 2014: Veerappa Moily  NTPC dips on disinvestment buzz
Power Grid Corpn 120.10 (1.64)
Cairn India 327.65 (1.21) Business Line Money Control
Lupin 563.00 (0.91)
 Cipla offers $220 m for 51% stake in S. Africa’s Cipla  Govt ups LIC investment limit to 30%; IRDA miffed
Medpro
 Mkt may move up to 5800 resting on major reforms:
 Reliance Ind’s D6 to see action after 15 months Expert
Commodity
 MSPL to invest Rs 300 cr for gold mining in Karnataka  FinMin eager to roll out GAAR from April 2014: Sources
Rs. Change (%)
 JLR to invest Rs 18,000 crore a year on capex  Govt to sell 4% stake in Hindustan Copper on Friday
Crude (Rs/Bbl) 4,823 0.3
Gold (Rs/10 grms) 31,783 0.1  Morgan Stanley downgrades Tata Global Beverages  2G auctions: Montek says reserve price too high; EGoM to
Silver (Rs/Kg) 62,023 0.8 decide course
 OVL to raise $1 b via bonds to fund Azeri acquisition
Copper (Rs/Kg) 426 (0.4)
 RBI rejected bankers' plea for rate cut in pre-policy meet
 Money laundering case: Mahindra Satyam gets notice
Note: MCX near month Futures Price
Note : Click on article to read the respective news
Contact Us:
E-Mail : dhananjayan@artha-cap.com | Mobile : +91 96294 74080

4. V Valuehunt
Morning Notes – 22 November 2012
Insider Trading Bulk Deal (BSE/NSE)
Shares Trans. Holding Buy
Transaction Buy Company Client Name Quantity %
Company Buyer / Seller after /Sale
Date /Sale Quantity %
Trans. CROSSEAS CAPITAL
Heritage Foods SERVICES PRIVATE S 106,691 525.52
Pranali LIMITED
Adinath Bio-
Commodities Pvt 8/10/2012 B 3,247,992
Labs Ltd
Ltd
CROSSEAS CAPITAL
Heritage Foods SERVICES PRIVATE P 106,704 524.8
LIMITED
Genesys
Credo India
International 31/10/2012 B 215,740 5.48
Thematic Fund Ltd
Corporation Ltd
Vision Cinemas SRINIVAS KARROTHI P 158,498 9.27
14/04/2012 ** Weighted Average
Life Insurance
Infosys Ltd - B 11,559,954 7.02
Corporation of India
05/11/2012
Corporate Action
Company Ex-Date Purpose Rs.
KCP Ltd SBI Mutual Fund 30/10/2012 B 109,974
Birla Corp 22-Nov-12 Interim Dividend 2.5
Mathew Easow 31/10/2012
Anjana Projects Pvt
Research - S 141,000 6.36
Ltd
Securities Ltd 07/11/2012
City Union Bank 22-Nov-12 Right 1:4 -
Nava Bharat Kingfisher Capital
7/11/2012 S 4,533,135
Ventures Ltd CLO Ltd NMDC 22-Nov-12 1st Interim Dividend 2
Disclaimer:
Reports prepared by Artha Capital Management LLP contain selected information and do not purport to be complete. The reports based on publicly available information
and data ("the Information") believed to be accurate and complete. Possible errors or incompleteness of the Information do not constitute grounds for liability, neither with
regard to indirect nor to direct or consequential damages. Artha Capital Management LLP, their shareholders and employees are not liable for the accuracy and
completeness of the statements, estimations and the conclusions derived from the Information contained in these documents.