Sunday, 15 April 2012

STOCKS IN THE NEWS FOR THE WEEK APRIL 16 - 22.


* Ajanta Pharma has shot up siginificantly in the last two months. Time to book partial profit and play safe.
* Share price of Indraprastha Gas has crashed over 30% in single day as PNGRB directed to reduce its selling prices for certain types of gas in New Delhi. Hold on and don’t book losses in panic.
* Paper companies are witnessing some buying interest from certain group of investors. Hold on to JK Paper and TNPL
* At a market cap of Rs.80 crore, Revathi Equipment is worth a punt. In the long run it seems to be a good takeover candidate by some MNC.
* Small tractors are in great demand in foreign markets. M&M, Escorts look good.
* ALSTOM and BGR are in for good times with big orders flowing in from Jyoti Structures and Powergrid for the former and NTPC for the latter.
* MNC counters like Fairfield Atlas, Morganite Crucible, Foseco, BASF India and Federal-Mogul have attracted good investor enquiries and are expected to fetch decent gains on expectation of delisting offers going forward.
* Aries Agro is reportedly faring well with a likely EPS of over Rs.20 in FY12 and Rs.25 in FY13. The share is going cheap.
* A banking analyst strongly recommends United Bank of India with a likely appreciation of about 40%. Buy for decent gain.
* CG Igarashi Motors, which was recently taken over by HBL Power has major expansion plans. The share is poised to advance further.
* AGC Network formerly Avaya Global and taken over by Aegis Global of the Essar Group, is expected to post an EPS of Rs.40+ in FY12. The share is poised to touch Rs.300 shortly.
* One infra analyst strongly recommends the shares of KNR Constructions, MBL Infra and JMC Projects for 30% return in the medium term.
* Torrent Cables is likely to clock an EPS of Rs.20 in FY12. The share has all the potential to appreciate by over 33% in the medium term.
* An Ahmedabad based technical analyst recommends Alstom Projects, IVRCL, Ind-Swift, MT Educare, R.S. Software and Twilight Litaka Pharma to accumulate at every decline.
BEST B

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