INTRADAY TIPS FOR OCTOBER 29-10-2012 MONDAY

SCRIP

ACTION

TRIGGER

TARGET 1

TARGET 2

STOPLOS

ALLCARGO

BUY

131.50

133.25

136.00

130.00

IDFC

BUY

157.00

158.50

160.60

155.50

Tuesday, March 1, 2011

medium term buy - WABCO TVS

WABCO TVS CMP: 932.00


WABCO-TVS (India) Ltd. manufactures automotive parts. The Company produces electronic braking, stability, and suspension and transmission control systems for heavy-duty commercial vehicles, luxury cars, and sport utility vehicles. 


WABCO-TVS is a safe bet. Its currently trading at a P/E of little less than 15. Liabilities are well managed. NPM is healthy at 15% which has improved marginally from last years 13%. Revenue has grown 33% YoY and PAT has grown at 50% YoY. Auto industry is growing at a decent pace and is expected do well. Buy, Accumulate on dips of 10% and hold for medium and  long term gains.

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