Value stock picks of the week

The Indian stock market is following the global trend and is down in the dumps. Stock market investors are too afraid to invest their hard earned money at the current levels amidst the global financial turmoil.

According to the tried and tested wisdom of stock market history such times offer great opportunities to long term investors. Many stocks of fundamentally sound companies are trading at attractive values. These stock picks make a great value buy at current levels.

The stock market is throwing up many value buying opportunities for long term stock investors. We regularly update you on stock picks where you can begin investing your money in small amounts. There is no guarantee that the stock market will not test its bottom again and you might find even cheaper valuations for these stocks. No one can predict and time the stock market bottom and these are a once in life time stock investing opportunities

Some of the stocks discussed are Hind Lever, Tata Power, Bharat Electronics, Allcargo Global, amongst other stocks.

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BSE Notices 17th November

Mphasis

Mphasis Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 26, 2008, inter alia, to consider recommendation of dividend, if any, for the seven month period ended October 31, 2008

BSE Date:17 November, 2008

Powersoft Global Solutions

Powersoft Global Solutions Ltd has informed BSE that the Company has extended its financial year ending September 30, 2008 (12 months) to December 31, 2008 (15 months) and for which necessary approval has been obtained from Registrar of Companies, Bangalore.

Source: BSE Date:17 November, 2008

Satyam Computer Services

Satyam Computer Services Ltd has informed BSE that the Compensation Committee of Directors of the Company allotted 8,927 equity shares through circular resolution on November 14, 2008, approved on November 17, 2008 under stock option plans of the Company. Consequent to the above allotment, the paid up share capital of the Company has gone up from 673,788,425 equity shares of Rs 2/- each aggregating Rs 1,347,576,850.00 to 673,797,352 equity shares of Rs 2/- each aggregating Rs 1,347,594,704.00.

Source: BSE Date:17 November, 2008

Satyam Computer Services

Satyam Computer Services Ltd has informed BSE regarding a Press Release dated November 17, 2008 titled "Satyam BPO Among Top 4 in 2008 Global Six Sigma and Business Improvement Awards"

Source: BSE Date:17 November, 2008

Anukaran Commercial Enterprises Ltd

Anukaran Commercial Enterprises Ltd has informed BSE that Mr. Arvind Thakkar, Mr. Ramanlal Trividi and Mr. Mahendra Ganatra, additional Directors ate now appointed as directors of the Company.

Source: BSE Date:17 November, 2008

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