Market Buzz from a newsletter

As the mid caps are in demand informed sources are picking up low priced scrips like:

Shyam Star Gem (BSE: 526365) Rs.36.80 and International Diamond Services (BSE: 530193. Rs.5.94)

Solix Technology (BSE: 501421) Rs.3.88, The volumes are very low but can improve with time.

Marksans Pharma (NSE/BSE: 524404 Rs.66.65) It has fallen from a high of Rs.302 to 100 when it reported 50% less profit for Dec 06.In the recent market fall the shares fell very badly to Rs.58 and now the recovery has begun.

Noble Explochem (BSE: 506991. Rs.13.30). It has closed down its explosive division. It has huge surrounding land which was earlier needed as a protective device as the co was in explosives. Land in Nagpur is very lucrative.

Some thing to think over: Newly listed ICRA clocked a massive 3.07 crore shares together on BSE and NSE, That is almost 11.8 times the total shares offered through the public offer. Global rating agency, Moody’s, is the single-largest shareholder in ICRA. For April-December (9-month) 2007, ICRA reported a net profit of Rs 13.59 crore on revenue of Rs 49.54 crore. The equity capital of the company is Rs 10 crore and the face value per share is Rs 10. Currently the share looks fully valued .IFCI who has a huge stake in ICRA is a better choice’