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, [...]
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 [...]
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 [...]