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

Monday, September 26, 2011

STOCKS IN NEWS FOR THIS WEEK

* The share price of Astral Poyltechnik has shot up on reports that the company is planning to set up a CPVC plant in JV with the US-based Lubrizol Corporation, an entity owned by Berkshire Hathaway Inc of Warren Buffett. Book partial profit and exit fully on a further rise.

* At a market cap of Rs.180 crore, Maxwell Industries is fundamentally overvalued. Book profit now.

* Eros International is hitting new highs as the company is about to release ‘Mausam’ starring Shahid Kapur & Sonam Kapoor. Don’t get tempted to buy. It’s time to sell now.

* Recently, Jyoti Structures bagged Rs.328 crore turnkey contracts for setting up 765 kV substations at Jabalpur & Nellore. Buy this scrip at current levels and add more at declines.

* Polyplex Corporation is expected to post an EPS of Rs.90-100 in FY12 and the share is poised to touch Rs.300 mark.


* Shree Ganesh Jewellery is likely to register an EPS of Rs.50 in the current fiscal. A conservative P/E multiple of 5 will take its share price to Rs.250 in the medium-term.

* APM Industries, a low profile textile major belonging to the Orient Abrasives group is all set to clock an EPS of Rs.4 on its share of Re.1 paid-up. The share is a good buy as it will fetch a gain of over 50% in the medium-term.

* Alicon Castalloys, in which the Japanese major holds the majority stake, is expected to garner an EPS of Rs.15. The share can be bought for decent appreciation.


* Yuken India, a Japanese MNC, is doing well with a likely EPS of Rs.38 in FY12. This MNC share is going cheap and may touch Rs.300 in the medium-term.

* Ahmednagar Forgings, belonging to the Amtek group, posted an EPS of Rs.30 in FY11 and is expected to register an EPS of Rs.34 in FY12 on the back of expansion. The share is a good buy for decent gain.

* The shares of MBL Infra are a worthy buy as it is expected to record an EPS of Rs.40-42 in FY12.


* The Worst seems to be over for the textile industry say textile analysts. The best among the textile scrips are Ambika Cotton, Vardhman Textiles, Sutlej Textiles, APM Industries, Bannari Amman Textiles, Shiva Texyarn, Pradip Overseas, KPR Mills and Gokak Textiles.

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