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Bhagwati Auto Reports Good Results
 
No. of Trading Holidays comes down to 11
 
Gems and Jewellery Exports Rise 55%
 
Citibank Repays USD 20 bn to US Govt
 
November Core Sectors Growth Impressive
 
 
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Nifty May at Discount
   
3G Bids will Hurt Telcos
   
Political Instability is a worry
   
Inflation may Cross double digits by March
   
FII Investment in December may not cross October figure
   
 
  Orbit Exports Attractiive
 
 

Orbit Exports, a small company based in Maharashtra has been improving its performance in the recent months. Its TTM EPS is about Rs 2.70 on equity of Rs 7.39 crore. Book Value is Rs 16 , and its 52 week high/low are 36/10. The stock is currently available at Rs 29. 

Recently the company's Board has decided to allot  2.75 lac shares to two entities at Rs 35 per share. The company has also informed the stock exchanges that its order book position has improved by 330 % on increased demand from US market. These orders would b e executed in Q1 and Q2 of FY11.

The stock appears attractive at the present price of Rs 29. 

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