Stock Market Tips for 31-Mar-06
March 31st, 2006 by AnalystPREVIOUS TIPS
We recommended Rajesh Exports on 9th March at Rs. 182 and yesterday it had an upper freez at Rs. 297.
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PREVIOUS TIPS
We recommended Rajesh Exports on 9th March at Rs. 182 and yesterday it had an upper freez at Rs. 297.
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PREVIOUS TIPS
We recommended Gitanjali Gems on 24th March at Rs. 162 and yesterday it touched Rs. 182.
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PREVIOUS TIPS
We recommended Bank of Baroda on 9th March at Rs. 220 and yesterday it touched Rs. 233. Those who have entered the scrip at our recommended level may stay invested, The stock should cross Rs. 245 level very soon.
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TODAY’S TIPS
Share : Classic Diamonds
Buy this stock at around Rs. 175. The stock is fundamentally very strong. should cross Rs. 190 very soon.
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TODAY’S TIPS
Share : Reliance Communications Ventures Ltd.
Buy this stock at around Rs. 292. The stock should cross Rs. 320 in next few days.
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INDUSTRY : POWER GENERATION AND DISTRIBUTION
The company is engaged in production of hydro power which has a great future in India. The company has recently entered an MOU with Power Grid Corporation of India. Last year the company had a turnover of 305 crores and Net profit of Rs. 51 crores. The stock can be picked up below Rs. 30.
This stock can be a multi bagger in the years to come.
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INDUSTRY : CONSTRUCTION & CONTRACTING
The company is operating DND Flyway in Delhi and the company has a lot of real estate and its market value is much higher than the book value appearing in the balance sheet. The company is operating profitably but the financial charges on its secured loans eats up all the profits and turns it to a loss making company. As per the balance sheet of the company it has secured loans of Rs. 368 crores and the book value of fixed assets (net of depreciation) is Rs. 369 crores. Turnover of the company last year was Rs. 30 crores and it had profits of Rs. 21 crores before deducting financial charges to the tune of Rs. 37 crores resulting in net loss of Rs. 17 crores.
The stock can be picked up at below Rs. 40 levels.
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TODAY’S TIPS
Share : Nitin Spinners
Buy this stock around Rs.17. The stock should cross Rs. 24 in a short span of time.
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PREVIOUS TIPS
We recommended Noida Toll Bridge on 9th March at Rs. 34 and yesterday it touched Rs. 43.60. Those who have entered the scrip at our recommended level may stay invested, it still has potential to rise further to reach our recommended target.
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As per a recent news Videocon is all set to acquire Daewoo Electronics for around Rs. 500 crores. This acquisition will strengthen the position of videocon on international frontiers in U.S., Europe and Japan.
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