Mr Ramesh Damani (Wed Dec 6 100 5:15 IST)
arun - you tell us about Ajanta

rohit (Wed Dec 6 100 5:15 IST)
why was there no impact of yesterday's US rally

Mr Ramesh Damani (Wed Dec 6 100 5:15 IST)
rohit - maybe the party started a day earlier. I was disappointed though in the market today

maheshpurohit (Wed Dec 6 100 5:16 IST)
as insurance is opened now to the private sector don't you think the money they amass from the public will to some extent get invested in the market and what impact do you think that should have on the market

Mr Ramesh Damani (Wed Dec 6 100 5:17 IST)
mahesh - it will be a long term positive as more and more institutions enter the market. It will be 2-3 years away. Take a look at Birla Global if you want to play the insurance business

arunn (Wed Dec 6 100 5:17 IST)
IT (Ajanta) HAS GIVEN US GREAT PRODUCTS LIKE 30+, LIVOPLUS AND GOOD OPERATING MARGINS, SOLD OFF BULK DRUGS DIVISION

Mr Ramesh Damani (Wed Dec 6 100 5:18 IST)
arun - what's the price, equity and market cap. Last year sales and profits. Would you know

swamy (Wed Dec 6 100 5:17 IST)
WHICH COMPANY IS DOING WELL IN IT LEAVING INFOSYS, WIPRO, HCL??

Mr Ramesh Damani (Wed Dec 6 100 5:18 IST)
swamy - NIIT

maheshpurohit (Wed Dec 6 100 5:19 IST)
What about Max India i think it is into insurance and also IT-Enabled Services and has a decent track record of making profits from the investments is makes

Mr Ramesh Damani (Wed Dec 6 100 5:19 IST)
mahesh - that's a good choice. Max does have some appeal

arunn (Wed Dec 6 100 5:20 IST)
(Ajanta) PRICE 107, LISTED AT AN IPO PRICE OF 225, SALES HAS STAGNATED AS IT HAS OFFLOADED ITS BULK DRUG DIVISION MARKET HAS NOT READ THE RESULTS PROPERLY

Mr Ramesh Damani (Wed Dec 6 100 5:20 IST)
arun - thanks will try to look at it

maheshpurohit (Wed Dec 6 100 5:22 IST)
there isn't any company in the storage software or securities software in india are there ??

Mr Ramesh Damani (Wed Dec 6 100 5:23 IST)
mahesh - storage no. Odyssey Technology in Security Software

maheshpurohit (Wed Dec 6 100 5:22 IST)
securities (SECURITY On the net)

Mr Ramesh Damani (Wed Dec 6 100 5:24 IST)
mahesh - that is what I meant. Odyssey does security on the net. Price is 85

DEEPESH (Wed Dec 6 100 5:23 IST)
AFTEK AND VISUAL USED TO BE DARLINGS. NOW THEY ARE OFF THEIR HIGHS AND STILL KEEP FALLING IRRESPECTIVE OF MARKET. IS IT ANY FUND PLAY AS MOST FUNDS HAVE EXPOSURE TO THEM.

Mr Ramesh Damani (Wed Dec 6 100 5:24 IST)
Deepesh - Aftek was a momentum stock. Visual has lost its charm

arunn (Wed Dec 6 100 5:24 IST)
WHY DOES MARKET ALWAYS FOLLOW THE SELF SEEKING Dr. KAYPEEs and neglect fundamentally good companies

Mr Ramesh Damani (Wed Dec 6 100 5:25 IST)
arun - I agree with you. It's sad

maheshpurohit (Wed Dec 6 100 5:25 IST)
do you know sir what WAYS is doing? the adds keep on coming up on TV

Mr Ramesh Damani (Wed Dec 6 100 5:25 IST)
mahesh - products and services in the wireless world

amol (Wed Dec 6 100 5:26 IST)
is doing a job in IT sector better in india (good international company) or abroad?

Mr Ramesh Damani (Wed Dec 6 100 5:27 IST)
amol - I would prefer abroad. It's my personal preference

maheshpurohit (Wed Dec 6 100 5:28 IST)
isn't hutchison comparable to any of the wireless companies operating anywhere and shouldn't it get good valuations

Mr Ramesh Damani (Wed Dec 6 100 5:28 IST)
mahesh - it will be good. I think Max owns 10% of the Hutchinson.

Mr Ramesh Damani (Wed Dec 6 100 5:30 IST)
Thanks for joining in. Have a good week ahead. Bye

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