Opto Circuit (Rs.79.00) (Code: 532391) :- Net profit of the company has increased by 77 per cent and sales by 51 per cent during last three years. During last 9 months period ended in December, 2008 company has successfully maintained the momentum. During same 9 month period sales of the company improved by 74 per cent to Rs. 605 crores and net profit by 58 per cent to Rs. 154 crores. Company had declared bonus at the ratio of 7:10 in May 2008 Considering the rising demand in healthcare segment financial performance of the company is expected to improve during coming months. Grab the opportunity to invest at current market price for medium to long term.
Glen mark Pharma (Rs.129.00) (Code: 532296) :- Company is one of the fast developing Indian formulation company. Company has diversified its business in to new geographic and API segments, which has resulted in to huge rise in the income of the company. During Q3 of current FY company has earned net profit of Rs. 36.92 crores from gross business of Rs. 244.55 crores, which has resulted in to EPS of Rs. 1.47. Volume has increased on the counter at current price. Stock price has bounced back after creating a strong bottom at Rs. 120. There are indications of fresh buying on the counter. Invest on the counter for medium to long term. Include the stock in your portfolio.