Tuesday, March 11, 2008

Market Whispers

IDBI is a decent bet at Rs.96 as the same may show a rise to Rs.110 levels in the short to medium term.
Mundra Port may witness informed buying at Rs.600 levels and share looks a safe bet at the current levels.
Kumar Infra, a recently listed stock have grabbed contracts for new flyovers in Mumbai. The company is projecting a topline of Rs.450 crores and an EPS of Rs.22 for FY 09. Share now ruling at Rs.84 may soon touch three digit mark.
MRO Tek at Rs.59 looks a safe bet for the short term as share has potential to touch Rs.75 mark soon. The company is likely to have an EPS of Rs.10 for FY 09. Share has potential to touch three digit mark in the next 6 months.
Aban Offshore is recommended at Rs.3,470 for short term gain of about Rs.150 in the near term.
Buying is advised in Reliance Capital at Rs.1,335 levels for a short term rise of about Rs.150 to Rs.165.
Alembic Ltd. is recommended a risk free buy at Rs.46 in view of an EPS of close to Rs.10 for FY 08 and over Rs.12 for FY 09 for this pharma company.
Amara Raja Batteries is likely to move to Rs.200 in the near term, mainly on renewed buying interest of institutional investors. Share at Rs.185 makes a good short term buy.
Government has not agreed to continue with operations of old Hyderabad and Bangalore airports, post commencement of new airports on 16th March and 30th March respectively. Share of GMR Infra would come on radar of high net worth investors post starting Hyderabad airport on 16th March 08. Share at Rs 155.
Divis Lab at Rs.1,330 is recommended a safe bet for short to medium term. Share may cross Rs.1,500 mark by May 08.
Source: sptulsian.com

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