CLARIS LIFESCIENCES - TARGET REACHED

Claris Lifesciences recomonded on 21 March @ 143.35 for medium term with the target of 200.00 . Its almost reached , high 197.90 on 11th April means within 20 days.

Buy - Jai Balaji Industries for long term

Jai Balaji Industries
BSE : 532976
NSE: JAIBALAJI
CMP: 39.25

Buy Jai Balaji at CMP for a long term one year target of 84.00 with strict stop loss of 34.70

MEDIUM TERM BUY CALL - PUNEET RESINS

BSE Code: 526492

Last Close: Rs.37.25

     Investors can buy this stock with stop loss of Rs.33. On the upper side, the stock will zoom to Rs.48 to Rs.55 levels in the medium-term.

JAGSONPAL PHARMACEUTICALS LTD

Jagsonpal Pharmaceuticals Ltd.  BSE Code: 507789, Last Close: Rs.13.41.

     Investors can buy this stock with stop loss of Rs.12. On the upper side, the stock will zoom to Rs.14 level. A close above will take it to Rs.16.50 to Rs.18 levels in the short term.

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

CLARIS LIFESCIENCES - SHORT TERM TERGET REACHED

Claris lifesiences recommended at Rs.143 on 21-march '12 for short term target Rs. 175 reached today trading  at Rs. 174.75 hope you are enjoy.

TOWER TALK

* M&M is the best beneficiary in the auto segment post budget. Even the Disel price hike may not dampen its spirit!

* Bharti Airtel will score over Idea and Rcom as the interest of 'smart’ and 'rare' investors rests here.

* ITC has always had its best moves post budget and swallowed the excise rise smartly. This year, too, it has begun to scale a new high.

* LIC Housing Finance is all set to surpass Rs.400 mark says the market wizard.

* Tamil Nadu raises power tariff, so does poor and ‘aam aadmi's’ Mamata. Will Akhilesh Yadav follow suit?

* Braun, a German healthcare company, has acquired majority stake in Ahlcon Parenteral at a very rich valuation and has come out with open offer at Rs.460 per share. Hold on as at it may soon turn into a delisting story.

* Post the open offer by promoters at Rs.7 per share, the share price of Aksh Optifibre has tripled over the last few months. At market cap of Rs.200 crore, it is a pure sell.

* Provogue (India) is trading arguably cheap at a valuation of Rs.165 crore. Worth buying and holding for a year or so.

* IVRCL counter may see some action with the ongoing race for ownership between Subhach Chandra of Essel and Sudhir Reddy.

* The shares of ITD Cementation can be bought for decent gain as it is likely to post an EPS of Rs.18-20 in the current year. The share is poised to touch Rs.250 mark.

* KNR Constructions is expected to post an EPS of Rs.24 in FY12 and Rs.28-30 in FY13. The share is going cheap and may advance by over 50% in the medium-term.

* With a likely EPS of Rs.18 in FY12 and Rs.22-24 in FY13 post expansion, the share of Pitti Laminations is an excellent buy. The share is poised to touch Rs.100 in the medium-to-short-term.

* The IFB Agro counter is witnessing hectic investment buying on its strong fundamentals. The liquor major is likely to post an EPS of Rs.42-45 in FY12. A conservative P/E of even 8 will take the share price to over Rs.340 mark.

* Some IT analysts are extremely bullish on Zensar Technologies, which is expected to post an EPS of Rs.40 in FY12. A conservative P/E of even 6 will take its share price to Rs.240 in the medium-to-short-term 

* ASM Technologies, a small cap IT firm, is expected to clock an EPS of Rs.22 in FY12 and Rs.28 in FY13. The share is sure to touch Rs.100 mark.

REVIEW OF RECENT RECOMMENDATIONS

We recommend on 25th March Prakash Industries @Rs 45/- and Hyderabad industries @Rs 327/- now trading @ Rs.53.30/- (buyer's ceiling) and Rs 353.45/- Respectively. IVRCL recommends @ Rs.60.05/- on 29th March now trading @ Rs.71/-.   Power of MULTIBAGGER MANIA ......ENJOY

TARGET REACHED IN 2nd TRADING SESSION

NUTRAPLUS PRODUCT(INDIA)LTD RECOMMEND TO BUY FOR LONG TERM YESTERDAY. BUT THE TARGET 26 (30%).. (HIGH 26.60) REACHED IN SECOND TRADING SESSION. ENJOY.

Nutraplus Products (India) Ltd

BSE Code: 524764
Last Close: Rs.19.25
           NutraPlus India Ltd. (NPIL) is a limited company. It was incorporated as a private limited company in February 1990 and commenced the manufacture of APIs and Intermediates in 1995 for the domestic and overseas markets. Its product portfolio includes N Bromo Succinimide, a brominating compound; N Methyl Nitro Guanidine, an intermediate for insecticides; Chlorhexidine Gluconate, an anti infectant; 7-hloroQuinaldine, an intermediate of the Montelukast drug; and M Bromo Anisole, an intermediate of API Tramadol HCL.It has an equity base of Rs.5.20 crore that is supported by reserves of around Rs.4.64 crore. The promoters hold 48.31%, non-promoter corporate bodies hold 1.93%, foreign investors hold 4.85% while the investing public holds 44.84% stake in the company.The Q3FY12 EPS is Rs.2.10 while the nine monthly EPS is Rs.6.06. At the current level, the stock is available at a P/E multiple of just 2.3.
        Just look at its past performance. Every year, the stock has shown fantastic growth in sales and volume, which indicates that the company will do well in future. At the current level, the stock is available at a throwaway price as per the P/E ratio. We are, therefore, recommending to buy this stock for medium-to-long-term investment as the company may report an EPS of Rs.8+ for FY12 and may declare dividend this year. Investors can buy this stock with stop loss of Rs.17. On the upper side, the stock will zoom to Rs.26-30 levels in the medium-to-long-term.

NAVA BHARAT VENTURES LTD - BUY

Nava Bhart Ventures Ltd

BSE : 513023, NSE : NBVENTURES , CMP : 217.25. Buy at 217 - 220 levels for a short term one month target of 240 with sl 195.65. Also recommend to buy for long term with stop loss 199.50.

Essel group acquires 10.2% in IVRCL (CMP 60.05)

MUMBAI: Subhash Chandra-promoted Essel Group has acquired 10.2% in Hyderabad-headquartered IVRCL setting the stage for a possible take-over battle. The Essel Group, which acquired 10.2% through secondary market transactions, said it was keen to increasing its stake.

IVRCL Group`s chief financial officer Balaram Reddy told ET that the company had not received any communication from the Essel Group. IVRCL officials said that chairman and managing director Sudhir Reddy was travelling abroad and has been informed about the block deals.

Entities owned by Reddy together hold 11.2% stake in IVRCL, making the company a potential target for a hostile acquisition.

"In line with its philosophy to grow its infrastructure business to match and benefit from the rising proportion of infrastructure investment by India, the Essel Group has acquired a 10.19% stake in IVRCL and is keen to increase it and is in the process of increasing it," it said in a statement late on Tuesday.

The equity market was abuzz with speculation that Essel Group`s flagship infrastructure company Essel Infraprojects has been acquiring shares of IVRCL through block deals.

Essel, which made the announcement late evening, did not reveal the acquisition cost for the stake but the current market capitalisation of IVRCL stands at 1,612 crore, making the stake worth around 160 crore.

"The Essel Group sees exciting business possibilities to expand its infrastructure portfolio through this investment," Essel Group said. It also said that neither Zee Entertainment Enterprises nor any other

media entity of the Essel Group had participated in the investment. Essel Infraprojects is currently executing road, urban infrastructure, power, water and solid waste water projects. Its infrastructure business order book is worth 27,000 crore. The company currently has six operational projects and a consolidated turnover of 1,250 crore.

Prakash Industries - Buy

Prakash Industries (Rs.45):  price realisation is better in this quarter for all the products like billets, sponge iron, ferro alloys & wire rods. International coal prices have softened in this quarter. Investors can accumulate this stock on dips around Rs.41/43 levels.

Fundamental analysis :-
Expected FY 12 EPS = Rs 19.64
PE ratio at market price = 2.83
Promoter share holding % = 46.48%
Number of pledged shares = 0
Debt to Equity Ratio = 0.41
Book Value = Rs 116.54
Price to Book Value Ratio = 0.48
Dividend yield % = 1.80%
Free Reserves per share = Rs 102

 I have a target of Rs.100 for 1 - 2 years.

Hyderabad Industries - Buy

 Hyderabad Industries (CMP Rs.327/-)  Hyderabad Industries is likely to post an EPS of Rs.70 in FY12. With a book value set to touch Rs.450, it may even announce a liberal bonus.Consider the above all positives investors are strongly recommended to buy it at current levels and add more at declines.I have a target of Rs 400 for short term and Rs. 700 will be achieved in the next 1-2 years.

News for the week 26th March - 1st April

* Elecon Engineering is finally scouting for strategic partnership to raise Rs.150-200 crore. Scrip may attract attention once the deal is done.

* Kobe Steel, Japan, will invest Rs.30 crore in Man Industries to acquire over 3% stake at Rs.165 per share under strategic partnership. Hold on to your position

* Don’t get tempted to buy Muthoot Finance or Manappuram Finance. Scrips may see further correction before they stabilize on account of new RBI regulations for gold loans

* 3i Infotech has got the approval for corporate debt restructuring. This will save the company from a financial crisis to a great extent. Hold on as the scrip may see some upside in coming weeks.

* Some IT analysts are extremely bullish on Zensar Technologies, which is expected to post an EPS of Rs.40 in FY12 and take its share price to Rs.240 in the medium-to-short-term.

* Knowledgeable sources, aver that IFB Agro is likely to register an EPS of Rs.45 in FY12. A reasonable P/E of 8 will take its share price to Rs.360 in the medium-term.

* Hyderabad Industries is likely to post an EPS of Rs.70 in FY12. With a book value set to touch Rs.450, it may even announce a liberal bonus.

* With a likely EPS of Rs.18 in FY12 and Rs.22-24 in FY13 post expansion, Pitti Laminations is an excellent buy. The share is poised to touch Rs.100 in the medium-to-short-term.

* KNR Constructions can be bought at the current level with a target price of Rs.175 in the medium-term.

* Persons close to the management are quietly buying the shares of Torrent Cables. The share is expected to touch Rs.150 in the next 6 months.

* MBL Infra is likely to post an EPS of Rs.35-38 in FY12. The counter is likely to see strong investment buying.

* Ashok Leyland, recommended by Money Times since Rs.24, is now recommended by Jefries, a global investment bank, for a target price of Rs.35.