http://www.valuenotes.com ValueNotes Industry Research Reports Your Gateway to Indian Financial Markets xx http://www.valuenotes.com/images/rss.gif http://www.valuenotes.com Dispatch numbers reported by cement giants were in-line with SPA Securities' estimates with y-o-y growth of 11.3%, aided by softer base in corresponding period last year. http://www.valuenotes.com/buy/Cement-Industry-Dispatch-numbers-in-line-with-estimates/175317/19/I 2012-02-03 Articles Auto volumes for Jan 2012 were almost in-line with expectations, with some positive surprise from firm demand from Passenger car segment led by strong dispatches by Maruti & Tata Motors. Strong growth was also seen in Utility vehicles. The demand for diesel vehicles continued to remain upbeat. http://www.valuenotes.com/buy/Auto-Sales-Good-Start-to-2012/175316/12/I 2012-02-03 Articles The Supreme Court cancelled all the 122 2G licences granted in 2008, affecting operations of 11 service providers. With the primary impact on new entrants, incumbents like Bharti and Idea will benefit from moderation in competitive intensity. http://www.valuenotes.com/buy/SC-verdict-on-2G-Advantage-incumbents/175310/57/I 2012-02-03 Articles The GSM operators continued to see low subscriber additions and added 7.55 million subscribers in December 2011 (growth of 13.1% m-o-m). In the last 3 months, GSM subscriber additions fallen significantly adding only 21.35 million subscribers. http://www.valuenotes.com/buy/Dec11-GSM-Subscribers-Update-Subscriber-additions-continue-to-be-low/175067/57/I 2012-01-20 Articles December 2011 sales registrations have surprised positively, registering only a 9% y-o-y decline and a 45% m-o-m increase. The December number needs to be viewed in the context of the fewer launches witnessed in this year's festive season. Higher transactions in the secondary market could have led to the better-than-expected sales registrations http://www.valuenotes.com/buy/Mumbai-Real-Estate-Positive-surprise-in-Dec11-registration-unlikely-to-sustain/175045/21/I 2012-01-19 Articles Jaypee expects Q3FY12E sales to show muted growth for the quarter. Order inflow for the sector has dried up, due to delay in generation projects coupled with slow down in overall demand. According to them, Interest rates coupled with government policy announcements will be the trigger in medium to long term. KEC remains one of their top picks http://www.valuenotes.com/buy/Capital-Goods-Q3FY12-preview-Another-quarter-of-over-hang/175013/26/I 2012-01-18 Articles HDFC Securities reviews the Banking Sector's performance in the past and lists down the points that needs to be taken into account before investing further in the sector's stocks http://www.valuenotes.com/buy/Banking-sector-Have-bank-stocks-bottomed-out/174993/15/I 2012-01-14 Articles The infrastructure sector continued to face challenges in Q3FY12 by way of slower order inflows, rising working capital requirement, regulatory issues and higher interest costs which have hurt project execution and profitability http://www.valuenotes.com/buy/Infrastructure-Q3FY12-preview-Stress-on-earnings/174980/36/I 2012-01-13 Articles With large accounts getting restructured, the focus is now shifting from reported NPAs to accretion to the restructured book. Prabhudas Lilladher met with the Chief General Manager of the CDR cell to understand the current trends and possible hit to the banks... http://www.valuenotes.com/buy/Banks-Check-on-restructuring-Ears-to-the-ground/174966/15/I 2012-01-13 Articles Power sector has seen significant valuation de-rating due to concerns over fuel supply, project viability, SEB finances, etc. In this environment, Motilal Oswal remain upbeat on companies which are relatively better positioned on these fronts. Their top picks are NTPC, Powergrid and Coal India. http://www.valuenotes.com/buy/Utilities-Consumption-growth-strong-base-deficit-widening/174962/51/I 2012-01-13 Articles