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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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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