Few Portfolio stocks worth buying for long term:

HDFC Ltd- at around Rs. 840/-  for a longer term target of  over Rs. 1000/-, Market leader in a highly under penetrated home loan segment. Quality blue chip. Currently consolidating around Rs. 850/- level.

--------------------------------------------------------------------------------------------------------

Yes Bank- at around Rs. 480/- for a target of over Rs. 600/-, growing @ over 35% per annum.

----------------------------------------------------------------------------------------------------

City Union Bank: 

Trading at around Rs.55/ as on 17.6.2013,  it can be accumulated for a one year target of Rs. 70/- to Rs. 80/-. Probably the only bank with Public Shareholding of 100%. The stock has appreciated by about 14 times in last 9 years. The 109 years old bank is expanding its branch network very fast.

Reported  EPS of Rs. 6.6 for 2013. Projected EPS  of Rs. 8/- for 2014.

The bank, 'The Kumbakonam Bank Limited' as it was then called was incorporated as a limited company on 31st October, 1904. The first Memorandum of Association was signed by twenty devoted and prominent citizens of Kumbakonam including Sarvashri R. Santhanam Iyer, S.Krishna Iyer, V.Krishnaswami Iyengar and T.S.Raghavachariar. T.S.Raghavachariar was the First Agent of the Bank.  In 1908, he was succeeded by Shri R. Santhanam Iyer who became the Secretary of the bank under the amended Articles of Association which created the office of a Secretary to be in charge of the Bank's Management in the place of the Agent, which post he held till his death in 1926. He was succeeded by Shri. S. Mahalinga Iyer as Secretary who subsequently became the First full-time Managing Director of the bank in tune with the amendment of Articles in 1929.  

The bank in the beginning preferred the role of a regional bank and slowly but steadily built for itself a place in the Delta District Thanjavur. The Bank was included in the Second Schedule of Reserve Bank of India Act, 1934, on 22nd March 1945.

In April, 1965, two other local banks viz., 'The City Forward Bank Limited' and 'The Union Bank Limited' were amalgamated with the Bank under a scheme of amalgamation. Consequently, the Bank's name was changed to 'The Kumbakonam City Union Bank Limited'. The first branch outside the state of TamilNadu was opened at Sultanpet, Bangalore in Karnataka in September,1980.  Branches were also opened at the twin cities of Hyderabad and Secunderabad in Andhrapradesh.  In tune with the national image attached to the Bank, the Bank's name was changed to 'City Union Bank Limited' with   effect from December, 1987.

The Bank started its own Staff Training College on 21st August, 1989 at Kumbakonam with the avowed objective of imparting need based and result oriented training to its Staff Members irrespective of the cadre. 

Taking into account the bank's financial strength, managerial competence and consistent progress in all spheres of its activities, Reserve Bank of India has granted an �Authorised Dealers License� to deal in Foreign Exchange business with effect from October, 1990.  

The bank has introduced computerisation in the year 1990 and all the Branches have been computerised. The bank has entered into an agreement with Tata Consultancy Services Limited for introducing Core Banking Solution [CBS] and all the branches have been brought  under Core Banking Solution [CBS] as on date.

Automated Teller Machines ( ATMs) have been installed  at select centres where the Card holders can withdraw cash, make balance enquiries and obtain Statement of accounts

The bank obtained  license from Insurance Regulatory Authority of India (IRDA) to act as Corporate Agent for selling insurance products  and  to provide value added services to the public at large .The Bank has entered into Memoranda of understanding with Life Insurance Corporation of India and National Insurance Company Limited for selling their insurance products.The Bank has tied up with Export Credit & Guarantee Corporation Limited [ECGC] for marketing export credit insurance products through its branch network.The Bank has also entered into a franchise agreement for the Money Transfer Service Scheme of M/s UAE Exchange and Financial  Service Ltd. ICICI, Doha Bank and  Bank of India for effective and speedy receipt of funds remitted form abroad . The Bank has obtained License to function as Depository  Participant under National Securities Depository Limited. 

The Bank's Centenary Celebrations were inaugurated on 27th December, 2003. 

For further information visit, www.cityunionbank.com 
-------------------------------------------------------------------------------------

MCX India:

Can be accumulated at around Rs. 850/- for a longer term target of over Rs. 1500/-- Excellent high growth,recession free business Model. Currently trading at yearly low. A top quality emerging blue chip.

Reported EPS for F/Y 2013 was Rs. 59/-. Expected EPS for F/Y 2014 is between Rs. 62/- to Rs. 68/-.

The Multi Commodity Exchange of India Limited (MCX), India’s first listed exchange, is a state-of-the-art, commodity futures exchange that facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The Exchange, which started operations in November 2003, operates within the regulatory framework of the Forward Contracts Regulation Act, 1952 (FCRA, 1952) and regulations there under.

MCX offers trading in more than 30 commodity futures contracts across segments including bullion, ferrous and non-ferrous metals, energy, and agricultural commodities. The exchange focuses on providing commodity ecosystem participants with neutral, secure and transparent trade mechanisms, and formulating quality parameters and trade regulations, in conformity with the regulatory framework. The Exchange has an extensive national reach, with over 2100 members, operations through more than 400,000 trading terminals (including CTCL), spanning over 1770 cities and towns across India.

MCX is India’s leading commodity futures exchange with a market share of 87.3 per cent in terms of the value of commodity futures contracts traded in FY 2012-13. The Exchange was the third largest commodity futures exchange in the world, in terms of the number of contracts traded in CY2012, based on the Futures Industry Association’s annual volume survey released in March 2013. Moreover, as per the survey, during CY 2012, MCX was the world's largest exchange in silver and gold futures, second largest in copper and natural gas futures, and the third largest in crude oil futures.

With an aim to seamlessly integrate with the global commodities ecosystem, MCX has forged strategic alliances with leading international exchanges such as CME Group, London Metal Exchange (LME), Shanghai Futures Exchange (SHFE) and Taiwan Futures Exchange (TAIFEX). The Exchange has also tied-up with various trade bodies, corporates, educational institutions and R&D centres across the country. These alliances enable the Exchange in improving trade practices, increasing awareness, and facilitating overall improvement of commodity futures market.

For further information please see, www.mcxindia.com

-----------------------------------------------------------------------------------------