Please read the DISCLAIMER at the bottom of the blog.

Rakesh Jhunjhunwala is considered to be the greatest investor in Indian Market. He is supposed to have made Rs 5000 crores by just investing Rs 5000 in Indian Stock Market. Rakesh Jhunjhunwala guru mantra to be successful in stock market is as enumerated below:

(a) He advises people to become interested in a stock when none is interested in the same stock. As per him BUY RIGHT & HOLD TIGHT for years to come. He has been holding few stocks for last 10 years and he is still minting money from those stocks.

(b) He further advises that one should not follow big investors blindly as their risk profile and long term goals with time frame may be difficult to be followed by retail investor.

(c) Market is supreme and every thing is reflected in the price and thus their is no point in fighting the trend as market is always right.

(d) One should be able to create a balance between the fear and greed.

(e) As per his words one has to learn the stock market trading as none can teach the market as stock market experience is the best teacher.

Thus follow Rakesh Jhunjhunwala advice in stock market, BE PATIENT and grow big like Warren Buffet or this iconic man from Dalaal Street.

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Tuesday, June 1, 2010

Punj Llyod aims at playing it big in power sector

Diversified company Punj Lloyd is gearing up to provide end-to-end solutions to power projects in the country.

The company is engaged in executing power projects on engineering, procurement and construction (EPC) basis. It also provides balance of plant equipment (other than boilers, turbines and generators) to power stations.

"We execute projects on EPC basis ... Our aspiration is to execute turn-key projects," Punj Lloyd Director, Corporate Affairs, Luv Chhabra told PTI.

In turnkey power projects, the company's scope of work includes sourcing, erection of equipment, civil works and commissioning of the project. At present, Punj Lloyd sources its equipment from abroad for the execution of power projects.

"We don't manufacture equipment but we source it from all over the world and then commission fully the projects," Chhabra said.

"So far we are doing BOP (Balance of Plant) equipment for 600 MW and 1,200 MW power projects, currently we are working on four power projects," he said.

The company supplied, erected the steel structures, civil work including power house, auxiliary buildings, cooling towers, drainage and road for the 1,000 MW coal-based thermal power project of Jindal Power Ltd.

Punj Lloyd recently won the solar-based contract worth Rs 232 crore for installing water treatment plants in Bihar from the state government.

The contract for 850 solar-powered water treatment plants for removal of arsenic and fluoride across multiple districts in Bihar will be implemented on a turnkey basis.

The contract will be executed by Punj Lloyd Group''s renewable energy arm, Punj Lloyd Delta Renewables.

Punj Lloyd is also providing solar lighting for the Commonwealth Games Village in Delhi.

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.

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