Buy JP associates in the present price band of Rs.132/-
Price increase and qty increase will give good quarterly results.One more unit in Gujrat will boost its productivity and coverage of sales area due to increased infrastructure spending in india.
Start buying cheap software stocks like TCS, Mahindra satyam
RBI is likely to intervene in currency and make it depreciate so as to benefit exporters like software firms, textiles etc.
Buy Tata steel:Rs.627/- Target Rs.650/-
Company declined about any proposal for QIP proposal and hence the gossip prevailed earlier which brought down the share proved to be false.
PE ratio is around 8 only. This will reduce further due to increase in steel price and reduction in raw material price. So good buy.
Cairn india:Hodl: 345/-
OPen offer may be increased as already pointed out by me earlier. ONGC wants to have it equal to amount payable to sesa goa so that it wants to exit with release from royalty payment in future. But vedanta is not agreeable for royalty payment. Thus still confusion prevails whether SEBI will agree for this deal where ONGC has not given green signal.
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