JPMorgan Indian Share News (JII)

Mitie, the group which has, among others, the contract to clean the Tower of London reported stellar preliminary results yesterday, with revenues, profits and, most importantly, the dividend all up. Mitie is quite a bit smaller than Serco or Capita and the Independent urges urge investors to back a winning stock. Buy.Sausage and pork supplier Cranswick has defensive qualities. There is not a clamour to avoid pork products since news of the swine flu virus broke and the Independent favours the shares, viewing the recent sell-off as a good opportunity to invest at bargain levels. Buy.Cranswick shares are trading on a March 2010 earnings multiple of 9.7 times and yielding 3.8%. The shares remain a buy at this level adds the Telegraph. Storage group Big Yellow's long-standing conservatism inspires confidence that its intention to press on with its expansion plans is not so rash as it first might seem. With housing transactions showing modest signs of improvement and Big Yellow boasting the strongest brand in its sector, the shares - at a 37% discount to NAV - are worth buying on weakness says the Times.Close Brothers' sales of its corporate finance arm sale, while a surprise, has much to commend it - not least the price which, at £67m, is at the top end of analysts' forecasts. At 636½p, up 8p, or 12 times current-year earnings, and yielding a solid 6%, a reinvigorated Close is a reasonable play on financial services recovery. Buy says the Times.Dairy group Robert Wiseman's sales continue to flourish, up 7% over the financial year, and the impact of the hit from Tesco has been more than mitigated by a new deal with the Co-op. The all-important dividend is up an impressive 7% and yesterday's full-year numbers were ahead of analysts' expectations. There is more to come. Buy says the Independent.International trade events, through which multinationals seek exposure to the former Soviet Union, have held up better than domestically focused peers. Event organiser ITE also sits on £25m of cash. However, at 90¾p, or nine times next year's earnings, and yielding 5.8%, ITE shares are best avoided pending signs of greater stability in forward bookings says the Times.JP Morgan Indian Investment Trust's net asset value per share stood at 292.63p on a fully-dilute basis. Shares in this fund are recommended as a long-term core emerging market holding. Buy says the Telegraph.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.