Buy: Punj Lloyd, target Rs. 532

Source: Sharekhan Recommendation: Buy Price target: Rs 532 Current market price: Rs 283 Punj Lloyd has won 2 orders this week. The first,  to engineer, procure, install and commission a 211km pipeline with associated stations and infrastructure in Qatar — an $800 million contract (Rs. 3636 crore) from Qatar Petroleum for a gas transmission project, [...]

Author: Austin Comments: 1 comment Date: 28 Sep 2008 More: Read more
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BUY: KEI Industries, target Rs84

Source: Sharekhan Recommendation: Buy Price target: Rs84 Current market price: Rs47 Price target revised to Rs84 Result highlights KEI Industries (KEI) has reported an increase of 24.6% in its revenues to Rs258.5 crore for Q4FY2008. The growth in its sales is in line with our expectations. During the quarter the company made provisioning for mark-to-market [...]

Author: Austin Comments: 0 comments Date: 21 Jun 2008 More: Read more
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ESS DEE Aluminium Ranks No.1 in Packaging Sector

ESS DEE Aluminium Limited has informed the Stock Exchange that: “ESS DEE Aluminium Limited has been ranked No.1 in the Packaging Sector for the year 2007 based on the ranking of the Top 500 Indian Manufacturing SMBs, initiated by Industry 2.0, a monthly manufacturing technology publication. Shri Sudip Dutta, Chairman & Managing Director of the [...]

Author: Austin Comments: 0 comments Date: 11 Jun 2008 More: Read more
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BUY: ESS DEE Aluminium, target Rs 689

Prabhudas Lilladher has maintained buy rating on ESS DEE Aluminium with target price of Rs 689, implying upside potential of 55%, in its May 28, 2008 report.”We expect the company to report 31% CAGR in net sales and 48% CAGR in net profit over FY08-10. We also expect its EBIDTA margin to improve from 27.9% [...]

Author: Austin Comments: 0 comments Date: 9 Jun 2008 More: Read more
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BUY: Opto Circuits India

Opto Circuits India Source: Sharekhan Recommendation: Buy Price target: Rs460 Current market price: Rs338 Key points # Opto Circuits India’s (Opto) non-invasive business is expected to grow at a compounded annual growth rate (CAGR) of 39.5% over FY2007-10E to Rs550.7 crore on the back of rising demand for its sensors and patient monitoring systems, coupled [...]

Author: Austin Comments: 0 comments Date: 13 May 2008 More: Read more
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Prabhudas Lilladhar suggests buying Bank of India

Bank of India raised tier-I capital of Rs 13.6 billion through qualified institutional placement, which was subscribed 1.8 times in the current weak market scenario. The capital raised will help the bank meet Basel II requirements and maintain the current business growth momentum.The capital raised will also support its life insurance venture with Dai-Ichi Mutual [...]

Author: Austin Comments: 0 comments Date: 17 Feb 2008 More: Read more
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Anand Rathi Securities suggests buying IDBI

After a deep correction for last six weeks, IDBI exhibits the possibility of a trend reversal in daily and weekly charts, the brokerage says in a technical report dated Feb 14. Rise in volume indicates a medium term buy in the counter. Based on the chart pattern to date, the stock is likely to get [...]

Author: Austin Comments: 0 comments Date: 17 Feb 2008 More: Read more
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