Sujana Metal Products Ltd.
(Rs 131, FY08E - P/E - 6x, BUY, Target Price Rs 215)
> De-merger/Merger –Gets court Approval
> Business Outlook and Valuation.
We continue to remain positive on Sujana Metal Products and expects the stock to
be re-rated following the de-merger proposal.
At Rs 131 the SML stock trades at a P/E 6x on FY08E on consolidated EPS of Rs
23. We maintain “BUY” on the stock with target price of Rs 215.We had earlier
initiated the call of Sujana Metal at Rs 109.
Thursday, April 12, 2007
Technical Tip - April 12th, 07
The daily candlestick chart of Tata Steel Futs shows a rally from Rs.431 to Rs.519 in 6 days. Resistance is pegged at Rs.520-525 (trendline in orange). The short term oscillators have reached overbought zone, hence one can expect profit taking at current levels. High risk traders can buy Tata Steel 510 PA in small lots around Rs.12 as well as in declines at Rs.9.50 with a strict stop loss below Rs.6.75 in close for a target of Rs.23-25 in the next 7-8 trading sessions.
Tips - April 12th, 07
In the Punter's zone we have a buy in IVRCL & sell in INFOSYS TECHNOLOGY and CENTURY TEXTILES.
In the technical zone we have a buy in GRASIM and ORCHID CHEMICALS &sell in ESCORTS.
In the technical zone we have a buy in GRASIM and ORCHID CHEMICALS &sell in ESCORTS.
Wednesday, April 11, 2007
Top 5 stock picks - Macquarie
Top 5 stock picks -
Bharti Airtel (BHARTI IN, Rs753, Outperform, TP: Rs1,025),
TCS (TCS IN, Rs1,203, Outperform, TP: Rs1,672),
Reliance Industries (RIL IN, Rs1,362, Outperform, TP: Rs1,590),
Tata Steel (TATA IN, Rs467, Outperform, Target: Rs556)
Dr Reddy’s (DRRD IN, Rs738, Outperform, TP: Rs837.5).
Bharti Airtel (BHARTI IN, Rs753, Outperform, TP: Rs1,025),
TCS (TCS IN, Rs1,203, Outperform, TP: Rs1,672),
Reliance Industries (RIL IN, Rs1,362, Outperform, TP: Rs1,590),
Tata Steel (TATA IN, Rs467, Outperform, Target: Rs556)
Dr Reddy’s (DRRD IN, Rs738, Outperform, TP: Rs837.5).
Intra-day Stock Ideas - April 11,07
NIFTY (3848.15) SUP 3826 RES 3865
BUY IOC (406.8)
SL 401 T 416, 419
BUY RANBAXY (357.90)
SL 352 T 366, 369
BUY BANKINDIA (172.20)
SL 168 T 180, 182
SELL MPHASIS (274.95)
@ 277 SL 281 T 267, 265
SELL DRREDDY (720.50)
@ 724 SL 728 T 714, 711
BUY IOC (406.8)
SL 401 T 416, 419
BUY RANBAXY (357.90)
SL 352 T 366, 369
BUY BANKINDIA (172.20)
SL 168 T 180, 182
SELL MPHASIS (274.95)
@ 277 SL 281 T 267, 265
SELL DRREDDY (720.50)
@ 724 SL 728 T 714, 711
Amtek
Amtek Auto Ltd
(Rs. 365, FY08E - P/E 13x, BUY with a Target Price of Rs. 510)
AAL is a leading Indian supplier of automotive components and is an integrated automotive component manufacturer with facilities for forgings, machining and subassemblies in locations in India, the United States and Europe. AAL is a Tier I supplier of auto components to major automobile majors like Maruti, Hyundai, M&M, Ford, Tata Motors, General Motors, Hero Honda, Bajaj Auto, HMSI (Honda Motorcycles and Scooters India) and many others.
(Rs. 365, FY08E - P/E 13x, BUY with a Target Price of Rs. 510)
AAL is a leading Indian supplier of automotive components and is an integrated automotive component manufacturer with facilities for forgings, machining and subassemblies in locations in India, the United States and Europe. AAL is a Tier I supplier of auto components to major automobile majors like Maruti, Hyundai, M&M, Ford, Tata Motors, General Motors, Hero Honda, Bajaj Auto, HMSI (Honda Motorcycles and Scooters India) and many others.
Picks for April 11th, 07
In the Punter's zone we have a buy in Mind Tree , Biocon & Reliance Industries.
In the technical zone we have a buy in Indian Hotels , Balaji Tele & Torrent Power.
In the technical zone we have a buy in Indian Hotels , Balaji Tele & Torrent Power.
STOCK UPDATE
New Delhi Television
Cluster: Emerging Star
Recommendation: Buy
Price target: Rs375
Current market price: Rs330
Cluster: Emerging Star
Recommendation: Buy
Price target: Rs375
Current market price: Rs330
Tuesday, April 10, 2007
IT Buy recommendations
Infosys CMP Rs1965
Reco BUY
Target Price Rs 2530
TCS CMP Rs1203
Reco BUY
Target Price Rs 1499
Satyam CMP Rs457
Reco Outperformer
Target Price Rs 536
Wipro CMP Rs 535
Reco Outperformer
Target Price Rs 685
Tech Mahindra CMP Rs1342
Reco Neutral
Target Price Under review
Reco BUY
Target Price Rs 2530
TCS CMP Rs1203
Reco BUY
Target Price Rs 1499
Satyam CMP Rs457
Reco Outperformer
Target Price Rs 536
Wipro CMP Rs 535
Reco Outperformer
Target Price Rs 685
Tech Mahindra CMP Rs1342
Reco Neutral
Target Price Under review
Daily Call April 10th , 07
BSE Code Scrip BSE Quotes Enter Around Stop–Loss
500042 BASF India 192.95 188
500043 Bata India 142.90 141 138
517569 KEI Industries 69.15 67
532652 Karnataka Bank 173.40 172 167
500042 BASF India 192.95 188
500043 Bata India 142.90 141 138
517569 KEI Industries 69.15 67
532652 Karnataka Bank 173.40 172 167
Daily Technical Note April 10th,07
In the Punter's zone we have a BUY in KTK BANK , CROMPTON GREAVES & SELL in TATA STEEL. In the Technical call section, we have a BUY in KOTAK BANK , BHARTI AIRTEL & BOMBAY DYEING.
Monday, April 9, 2007
Midcaps.in tips 8 April , 07
Scrips - BSE Code - Recommended Rate - Target Rate
Mcleod Russel - 532654 - 60.00 - 75.00
Oudh Sugar Mills - 507260 - 69.10 - 87.00
P B A Infrastructure - 532676 - 72.85 - 92.00
Welspun India Ltd. - 514162 - 73.80 - 93.00
Paradyne Infotech - 532672 - 93.90 - 118.00
Mcleod Russel - 532654 - 60.00 - 75.00
Oudh Sugar Mills - 507260 - 69.10 - 87.00
P B A Infrastructure - 532676 - 72.85 - 92.00
Welspun India Ltd. - 514162 - 73.80 - 93.00
Paradyne Infotech - 532672 - 93.90 - 118.00
10 paise tips April 8, 07
Scrips - BSE Code - Recommended Rate - Target Rate
Nakoda Textile - 521030 - 15.90 - 20.00
Kwality Dairy - 531882 - 17.80 - 23.00
Pochiraju Industries - 532803 - 22.75 - 29.00
Agro Dutch - 519281 - 26.15 - 33.00
Ashco Industries - 517565 - 40.80 - 51.00
Target rates are expected in three months frame of time, but we recommend you that whenever any scrip touches its target rate, you must dispose of all shares or in parts(If you have invested in that scrip),so that you may be able to invest those funds in other scrips recommended in further newsletters.
Nakoda Textile - 521030 - 15.90 - 20.00
Kwality Dairy - 531882 - 17.80 - 23.00
Pochiraju Industries - 532803 - 22.75 - 29.00
Agro Dutch - 519281 - 26.15 - 33.00
Ashco Industries - 517565 - 40.80 - 51.00
Target rates are expected in three months frame of time, but we recommend you that whenever any scrip touches its target rate, you must dispose of all shares or in parts(If you have invested in that scrip),so that you may be able to invest those funds in other scrips recommended in further newsletters.
Trading calls , April 9,07
Ashwani Gujral
Buy Tata Steel with stop loss of Rs 430 for target of Rs 520; Call valid for maximum 1 week
Buy JSW with a stop loss of Rs 465 for target of Rs 565/600; Call valid for maximum 1 week
Deepak Mohoni
Buy Dabur India below Rs 94.50 with stop loss of Rs 93. This is a day-trading recommendation
Buy Educomp Solutions below Rs 1105 with stop loss of Rs 1080; This is a day-trading recommendation.
Rajat K Bose
Buy BEL with stop loss below Rs 1625 for target of Rs 1672, 1691, 1712; This is a day-trading recommendation.
Buy Cipla with stop loss below Rs 226.50 for target of Rs 243–245; This is a day-trading recommendation.
Buy Tata Steel with stop loss of Rs 430 for target of Rs 520; Call valid for maximum 1 week
Buy JSW with a stop loss of Rs 465 for target of Rs 565/600; Call valid for maximum 1 week
Deepak Mohoni
Buy Dabur India below Rs 94.50 with stop loss of Rs 93. This is a day-trading recommendation
Buy Educomp Solutions below Rs 1105 with stop loss of Rs 1080; This is a day-trading recommendation.
Rajat K Bose
Buy BEL with stop loss below Rs 1625 for target of Rs 1672, 1691, 1712; This is a day-trading recommendation.
Buy Cipla with stop loss below Rs 226.50 for target of Rs 243–245; This is a day-trading recommendation.
Intra-day Stock Ideas - April 9,07
NIFTY (3752) S3731 R3784
BUY Tata Motors (686)
SL 680 T 696, 700
BUY Cummins (271)
SL 267 T 278, 281
BUY VSNL (402)
SL 398 T 410, 413
SELL Aptech (229)
SL 233 T 220, 218
SELL Bajaj Hind (204)
SL 208 T 196, 194
BUY Tata Motors (686)
SL 680 T 696, 700
BUY Cummins (271)
SL 267 T 278, 281
BUY VSNL (402)
SL 398 T 410, 413
SELL Aptech (229)
SL 233 T 220, 218
SELL Bajaj Hind (204)
SL 208 T 196, 194
Saturday, April 7, 2007
Telefolio Plus - Honeywell Automation India
Buy Honeywell Automation India
BSE Code 517174
NSE Code HONAUT
52-week High/Low Rs 2003 /Rs 935
Current Price Rs 1650 (as on 4th April 2007)
BSE Code 517174
NSE Code HONAUT
52-week High/Low Rs 2003 /Rs 935
Current Price Rs 1650 (as on 4th April 2007)
Friday, April 6, 2007
ShareKhan Investor's Eye April 5th, 07
Orchid Chemicals & Pharmaceuticals
Cluster: Emerging Star
Recommendation: Buy
Price target: Rs390
Current market price: Rs265
Bharat Electronics
Cluster: Apple Green
Recommendation: Buy
Price target: Rs1,715
Current market price: Rs1,650
Cluster: Emerging Star
Recommendation: Buy
Price target: Rs390
Current market price: Rs265
Bharat Electronics
Cluster: Apple Green
Recommendation: Buy
Price target: Rs1,715
Current market price: Rs1,650
Cheery Pick for the week 9 april - 13 april
Scrip .............. Close ... High ... Low ... Support ... Resistance
Varun Shipping ... 54.95 .... 55.4 ..... 51 ...... 52-49 ... ... 57-58
Up Trend.Buy
Torrent Pharma ... 200.6 .. 202 ... .. 194 ... ..196-191 ... ..204-207
Up Trend.Buy
Guj Ind Power ... ... 56.8 ... ..57 ... .. . 54 ... .... 55-53 ... ... 58-59
Up Trend.Buy
Cadila Healthcare .. 334 ... .. 350 ... 328.05 ... 325-315 .. 347-359
Up Trend.Buy
NALCO ... ... ... ... 234.6 ... 236.95 .... 222 ... . 225-216 ... 240-246
Up Trend.Buy
Balrampur Chini ... 73.7 ... ... 75 ... ... ... 64 ... ... 67-60 ... ... 78-82
Up Trend.Buy
India Hotels ... ... ...144.6 ... .. 145.7 ... 137.8 ...140-135 ...148-151
Up Trend.Buy
Intl. Travel House ..162.6 ... . 164 ... . 136.15 ...145-126 ...172-182
Up Trend.Buy
Varun Shipping ... 54.95 .... 55.4 ..... 51 ...... 52-49 ... ... 57-58
Up Trend.Buy
Torrent Pharma ... 200.6 .. 202 ... .. 194 ... ..196-191 ... ..204-207
Up Trend.Buy
Guj Ind Power ... ... 56.8 ... ..57 ... .. . 54 ... .... 55-53 ... ... 58-59
Up Trend.Buy
Cadila Healthcare .. 334 ... .. 350 ... 328.05 ... 325-315 .. 347-359
Up Trend.Buy
NALCO ... ... ... ... 234.6 ... 236.95 .... 222 ... . 225-216 ... 240-246
Up Trend.Buy
Balrampur Chini ... 73.7 ... ... 75 ... ... ... 64 ... ... 67-60 ... ... 78-82
Up Trend.Buy
India Hotels ... ... ...144.6 ... .. 145.7 ... 137.8 ...140-135 ...148-151
Up Trend.Buy
Intl. Travel House ..162.6 ... . 164 ... . 136.15 ...145-126 ...172-182
Up Trend.Buy
Weekly Stock Ideas
BUY VSNL (402)
SL 394 T 420, 426
BUY GT Offshore (608)
SL 595 T 640, 650
BUY Plethico Pharma (341)
SL 330 T 363, 369
BUY Praj Industries (395)
SL 386 T 413, 419
BUY Cummins (271)
SL 263 T 287, 293
SL 394 T 420, 426
BUY GT Offshore (608)
SL 595 T 640, 650
BUY Plethico Pharma (341)
SL 330 T 363, 369
BUY Praj Industries (395)
SL 386 T 413, 419
BUY Cummins (271)
SL 263 T 287, 293
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