Monday, May 21, 2007

Delivery Pick

Buy KPIT Cummins @ Rs. 141/-
It is a very strong fundamental company.
There is contineous growth in Sales, Net Profit & EPS.
Last Year Net Profit Rs. 27 Crore and This Year Net Profit Rs. 46 Crore (Approx)
70% YOY growth in net profit.
Last couple of days there was very huge volumes seen with breakout above Rs. 140/-
Buy it for short term target of Rs. 165/-.
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