Need to keep a track of this stock. A lot of brokerage houses are recommending this stock on the basis of the future growth expectations of drug discovery companies in India. The stock has seen a lot of volume in March. It closed at 303.20 on 13 April.
Entries from April 2006
April 14, 2006
Indian Stock Market Crash
At the closing session on 13 April 2006, there seems to be a slight panic rush amongst investors. The indices fell for the second day, with the first shock wave coming a few days back when the rumours were abound about 11 FIIs banned from trading. However, even though the markets recovered on that day, [...]
April 12, 2006
BAG Films
Bag Films is trading at CMP of 11.6. The future target prices are near 19.3 for 06-07. For 2007-2008, the price target is 23.8. The full report on the company can be read here.
April 10, 2006
Kale Consultants
"Kale Consultants is in a unique position to capture the emerging business opportunity unfolding in airline space. Compelling valuations at 5x forward earnings and significant business traction make the stock good investment bet." – Icicidirect
The stock is currently trading at CMP 100 @ NSE. ICICI Direct has projected a target of INR 186 going forward. [...]
April 9, 2006
Bajaj Auto
Bajaj Auto is looking good with a positive uptrend. The stock is trading at CMP of 2809.60 (as of the last closing session on Friday). With good sales figures and higher earnings forecast, the stock should reach 3200. So keeping that as a target to see how the stock performs.
Also looking at the Reliance Petroleum [...]
