dkishore
18-11-2007, 11:01 AM
The flagship brand 'Mansion House' of Tilaknagar Industries (Rs.228.95) has crossed sales of 1 million cases in 2006-07 and is the country's largest selling premium brandy. The company intends to expand and develop an all-India presence. Sales in existing territories will be further enhanced by suitable sales and marketing inputs. Efforts are being undertaken to further modernise the factory to increase production efficiencies and reduce input costs. The company has already reported encouraging results in the first half of the current year as net profit shot up from Rs.91 lakh to Rs.631 lakh on its capital of Rs.5.73 cr. It will become a good long term investment story. Keep a watch to add on reactions for target of Rs.350level over the next one year.
* Ferro chrome stocks like Ferry Alloys Ltd. (Rs.35), Rohit Ferro Tech ( Rs.65), N B Venture (Rs.274) are said to be doing well in view of firm prices of their products. Investors can continue to hold these stocks for better times ahead.
* Investors should continue to hold Kirloskar Electric (Rs.330) or keep watch to add on reactions around Rs.310/320. It will be a mini Crompton Greaves in the making.
* Big investors are said to be tightening their grip on Shiv-Vani Oil (Rs.450.15). The stock has already given a good breakout and may see higher levels in the next few months. The company is expected to record a sharp growth over the next few years.
* Those who got stuck in the sugar stocks earlier boom can exit in the current upside and switch to Ion Exchange, Hind Dorr Oliver, HCC as all these three companies are expected to do well in coming years.
* Atlas Copco (Rs.1225.95) - may announce some acquisition in the near future as good developments are said to be taking place. If the stock closes above Rs.1320, it may give good breakout. Stay invested. A leading mutual fund is said to have increased its exposure in the counter.
* Marketmen are talking of a target price of Rs.600 for Torrent Cable ( Rs.300.85) in the next six months time.
* RPG Cables (Rs.65.05) - There is talk of land sale at Thane. Book part of profits around current level.
* Ashiana Housing (Rs.446.75) - Those who booked profits at above Rs.500levels can think of re entering at
Rs.430/440 levels as we may see further improvement in working for Q3 & Q4.
* Fortis Financial Services (Rs.97) has given liberal allotment in its recent right issue at par while CMP is Rs.101. Investors can continue to hold the stock for a good target in the next few months.
* Hindustan Construction Company (HCC) (Rs.200) was already covered a few issues back in detail. Like other Walchand group companies, this company, too, has very strong fundamentals and there is likely value unlocking for
its lavasa project. Investors can see higher targets for this company.
* Sambandam Spinning (Rs.94.75) results are not good. Investors can exit as there are indications that margins will be under pressure over the next few quarters too. The company is likely to get credit of Rs.2/2.5 cr. for carbon
credit from windmill project. Other stocks like Kandgiri Spinning, Sangam India, Ambica Cotton, too, may not fare well. Investors may reduce exposure and switch to Ion Exchange, ECE Industries or P G Foils on reactions
* Ferro chrome stocks like Ferry Alloys Ltd. (Rs.35), Rohit Ferro Tech ( Rs.65), N B Venture (Rs.274) are said to be doing well in view of firm prices of their products. Investors can continue to hold these stocks for better times ahead.
* Investors should continue to hold Kirloskar Electric (Rs.330) or keep watch to add on reactions around Rs.310/320. It will be a mini Crompton Greaves in the making.
* Big investors are said to be tightening their grip on Shiv-Vani Oil (Rs.450.15). The stock has already given a good breakout and may see higher levels in the next few months. The company is expected to record a sharp growth over the next few years.
* Those who got stuck in the sugar stocks earlier boom can exit in the current upside and switch to Ion Exchange, Hind Dorr Oliver, HCC as all these three companies are expected to do well in coming years.
* Atlas Copco (Rs.1225.95) - may announce some acquisition in the near future as good developments are said to be taking place. If the stock closes above Rs.1320, it may give good breakout. Stay invested. A leading mutual fund is said to have increased its exposure in the counter.
* Marketmen are talking of a target price of Rs.600 for Torrent Cable ( Rs.300.85) in the next six months time.
* RPG Cables (Rs.65.05) - There is talk of land sale at Thane. Book part of profits around current level.
* Ashiana Housing (Rs.446.75) - Those who booked profits at above Rs.500levels can think of re entering at
Rs.430/440 levels as we may see further improvement in working for Q3 & Q4.
* Fortis Financial Services (Rs.97) has given liberal allotment in its recent right issue at par while CMP is Rs.101. Investors can continue to hold the stock for a good target in the next few months.
* Hindustan Construction Company (HCC) (Rs.200) was already covered a few issues back in detail. Like other Walchand group companies, this company, too, has very strong fundamentals and there is likely value unlocking for
its lavasa project. Investors can see higher targets for this company.
* Sambandam Spinning (Rs.94.75) results are not good. Investors can exit as there are indications that margins will be under pressure over the next few quarters too. The company is likely to get credit of Rs.2/2.5 cr. for carbon
credit from windmill project. Other stocks like Kandgiri Spinning, Sangam India, Ambica Cotton, too, may not fare well. Investors may reduce exposure and switch to Ion Exchange, ECE Industries or P G Foils on reactions