The increased order flow to the power transmission sector is another signal that select sectors of the economy may be in the revival mode. Kalpataru Power Transmission, a turnkey solutions provider in transmission lines and substation structures, is among the key beneficiaries of order flows from Power Grid Corporation (PGCIL). Aside of domestic projects, Kalpataru [...]
We recommend a buy on Bartronics India from a short-term trading horizon. It is apparent from the charts of Bartronics that it was a medium-term downtrend as it declined from Rs 100 to Rs 61 between early January and early March. However, it found support in the long-term support band between Rs 55 and Rs [...]
We recommend a buy on Moser Baer India stock from a short-term trading perspective. It is apparent from the charts of Moser Baer that it was on an intermediate-term downtrend from its May high of Rs 201 to its March low of Rs 41. However, the stock reversed direction from this low, which is also [...]
Script – Hercules Hoist Ltd.CMP – Rs 87BSE Code – 50572052 Week H/L – 329.00 – 71.55 Summary – The company was incorporated in Jul,y 1962 at Mumbai. The company is engaged in manufacture of Spur Gear chain pulley blocks, electric hoists of various capacities. It has technical and financial collaboration agreement with Hernrich de [...]
M&M derives about 65 per cent of its automotive revenues from utility vehicles (UVs), where it has steadily improved market share from 45 per cent in 2004 to 53 per cent now. Interest from institutional buyers such as small and medium businesses and cab operators has helped the company manage the slowdown better than most [...]
Investors can consider buying the Steel Authority of India (SAIL) stock (Rs 82), given its low valuation. The stock trades at a price-to-earnings multiple of 4.5 times the trailing 12 month earnings. Though the jury is still out on whether the recovery in steel demand seen so far in 2009 is sustainable, SAIL remains one [...]
Nestlay India Ltd – Buy CMP – 1,417.25 52 week H/L – 1880 / 1220 Summary – Nestle India Limited engages in the manufacture and sale of nutritious food products in India. The company’s products primarily comprise milk products, such as sweetened condensed milk, baby milk foods, milk powders, acidified infant food, and other milk [...]
Investments with a one-, two-year horizon may be made in the shares of Bharti Airtel. The company’s continuing leadership in the mobile division, increasing strength of its enterprise carrier division and improvement in the tenancy in its towers suggest that it is well placed to sustain strong earnings growth. At Rs 602, the stock trades [...]
Lupin: Healthy growth Investors with a long-term perspective can consider accumulating the Lupin stock, now trading at Rs 590. Steady growth in revenues over the years combined with strong presence in key target markets such as the US, the EU and Japan, besides a healthy pipeline in drug filings, underscore our recommendation. At the current [...]
Sun Pharmaceutical IndustriesCMP – 1,021.55 Unlike its peers whose performance hasbeen mixed, Sun Pharma has not only been consis 240, tent in its growth, but it has also managed to improve its performance over the years. Its net worth has,grown steadily by 28 per cent and revenues by 33 per cent on an average over [...]