Shares to watch from a Newsletter

If there is any declines in the market watch out for Tele Data Informatics.(BSE: 532358) This is holding on to its Rs.57 range very strongly. Even when the markets fell it did not give up its gain. Market whispers indicate very strong performance for the quarter ended in March 07. Any fall in the price should be used as an opportunity to buy this scrip.

The whole of last week Garnet Construction (BSE: 526727) has almost added Rs.12 to its quotation from its last week rate of Rs.55 without a break. If there is a set back consider adding this to your portfolio as on the return of good times the share can cross Rs100 once again.

Cinema chain operator Pyramid Saimira (BSE: 532791 )jumped 5% to Rs 269.10, after the company on Thursday joined hands with Baderwals Infraprojects, to build 200 malls in four years. Pyramid Saimira will hold 49% in this joint venture, Baderwals Pyramid Development, and will invest about Rs 250 crore in the next two years on the project estimated to cost Rs 12000 crore. The joint venture will include 100 larger format malls covering 300,000 sq ft each and budget hotels. By 2010, Pyramid Saimira hopes to have malls in 300 locations across India through such partnerships. If there is a decline one can accumulate. This share has fallen from a high of Rs.488

Lawreshwar Polymer: (BSE: 532829):. It is the manufacturers of Lehar footwear; The Rs.16 paid IPO is available around Rs.11.40. Lehar footwear, which is mainly sold in northern region, would use the funds to open five showrooms in different parts of the country and to build a new corporate office in Jaipur. On a sale of Rs.25 Cr the net will be around Rs.1.75 Cr and the EPS will be around Rs.3.50 in the first year. Normally speculation starts in such IPOs which are available below the issue price. Watch this on Monday.

IFCI: (NSE/BSE: 500106 .Rs.33.50): This share has moved up from a recent low of rs.27 to 34. Any set back on Monday may be considered to buy this scrip. As per reports the co is reported to have a paid an advance tax of Rs.71 Cr. for the current year compared to Rs25 lakh paid in the same period last year.

There are strong whispers that a strategic foreing investor will be roped in and most probably Barclays Bank and that can change the fortune of this co.