praveen
25-06-2008, 06:46 AM
* Flat Products has tumbled down sharply to Rs.300 after the closure of its open offer. Investors can still exit the counter as the scrip may further corrrect to below Rs.200 level.
* Jayaswal Neco has put in a stellar performance with profit of Rs.86 cr. in FY08 and is available at very attractive valuation due to the depressed market.
* MSP Steel is a dark horse and has massive expansion plans. The stock is a decent buy at current levels for the medium-term.
* ANG Auto has been quoting near its 52-week low for some time. The stock is a value buy for a one year horizon.
* Sturdy Industries is on track with the amalgamation of Swati Storewel, which is into drip irrigation. The stock has potential considering the importance given to irrigation by the government.
* Cosmo Films will complete its expansion by 2009, which would increase its earnings. With a likely EPS of Rs.30 in FY09, the share is an excellent buy.
* Jayaswal Neco has put in a stellar performance with profit of Rs.86 cr. in FY08 and is available at very attractive valuation due to the depressed market.
* MSP Steel is a dark horse and has massive expansion plans. The stock is a decent buy at current levels for the medium-term.
* ANG Auto has been quoting near its 52-week low for some time. The stock is a value buy for a one year horizon.
* Sturdy Industries is on track with the amalgamation of Swati Storewel, which is into drip irrigation. The stock has potential considering the importance given to irrigation by the government.
* Cosmo Films will complete its expansion by 2009, which would increase its earnings. With a likely EPS of Rs.30 in FY09, the share is an excellent buy.