Patels Airtemp India Cluster: Emerging Star Recommendation: Buy Price target: Rs94 Current market price: Rs68 Better operating performance boosts profits Result highlights Patels Airtemp?s net sales in Q2FY2010 declined by 7.5% yoy to Rs20.3 crore on account of lower commodity prices and lesser trading of goods. The operating performance was spectacular with the … [Read more...]
Archives for 12/11/2009
STOCK UPDATE :BASF india
BASF India Cluster: Ugly Duckling Recommendation: Buy Price target: Rs390 Current market price: Rs343 Price target revised to Rs390 Result highlights BASF India?s stand-alone Q2FY2010 performance is in line with our expectation. The net profit for the quarter came in at Rs34 crore, up by 30.3% year on year (yoy), as compared with our estimate of Rs34.7 crore. The … [Read more...]
STOCK IDEAS :Dhampur Sugar Mills
Dhampur Sugar Mills Cluster: Cannonball Recommendation: Buy Price target: Rs180 Current market price: Rs120 Sweeter than its peers Key points Profits to triple in FY2010: Dhampur Sugar Ltd (DSL) is one of the key beneficiaries of the current upturn in the sugar cycle. In the sugar year (SY) SY2009, higher sugar prices had led to a jump of ~46% in the realisation of … [Read more...]
The Nifty Levels for 13th November 2009
Please find the correct levels for nifty The Nifty Levels for 13th november 2009 are First Resistance = 5018 First Support =4918 Second Resistance =5067 Second Support =4867 Breakout above = 5118 Break down Below = 4818 The above levels are for intraday only For Sure Shot pack and good Gains in Nifty Please visit Nifty Live Charts.com … [Read more...]
Free stocks tips for 13th November 2009
The Various- Daily Stock Recommendation Given by the various analysts and Stock Brokers are: GMR Infrastructure Ltd. - Daily Stock Recommendation 13-11-2009 Source Action Tip Period Target Price (Rs.) Anil Singhvi Buy, stop loss Rs 67 - 76.00 IFCI Ltd. - Daily Stock Recommendation 13-11-2009 Source Action Tip Period Target Price … [Read more...]