December 30, 2006...6:30 am

Top Indian Stock Picks for 2007

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  1. Reliance Industries – One of the evergreen stocks, this scrip never fails to deliver. When you are buying into this stock, you are essentially buying the strong success story of its management that has seen various ups and downs and still managed to perform. Reliance is one of the top Indian stock picks across BSE and NSE. Price target of INR 1500 should be reached soon.
  2. TCS – The IT powerhouse is in good shape and pursuing organic as well as inorganic growth. This is the perfect strategy given the flatness of global competition now. I think that the stock should breach the 1650 levels soon.
  3. Bajaj Auto – Automobile story is intact and Bajaj has had a very good run in the year 2006. The scrip should be reaching 3100 levels from its existing range of 2550-2600.
  4. ITC – The FMCG major is successfully making a lot of forays into a lot of sectors. The stock should be hitting new highs and breach the 250 mark.
  5. Walchandnagar Industries – The stock has seen volatility of late. But there is still some distance up north that this scrip needs to travel before it becomes stable.
  6. Canfin Homes
  7. Bharti Airtel
  8. Tech Mahindra – Another success story that one needs to carefully look at. The stock would breach the 2000 levels very soon.

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9 Comments

Filed under Recommendations, Strategy

9 Comments

  • K.V.Sadasivan
    December 31, 2006 at 10:05 pm

    Hindalco,Tisco,ONGC seem to be underpriced.Allahabad Bank,Bongaigaon Refoneries.Hindustan Construction,Sreifin,LIC Housing Finance,First Leasing Finance,Compucom Software,Ashok Leylamd,M&M,Tata Motors etc among many others seem to be quite good.Anyway,this is a raging bull market,and one is bound to make money,in almost any stock.

  • markets
    January 3, 2007 at 12:01 am

    Thanks for your comments Sadasivan. It is true that there are many gems in the ‘raging’ bull market and one is bound to make money in most of these stocks. However, I shortlisted these stocks keeping in mind the quantum of money that one can make across these stocks. This is purely based on personal speculation and I am sure that there could be others that would share the limelight with these scrips. Here is cheers to the new year and great start in intelligent investing.

  • AKT
    January 14, 2007 at 10:48 am

    Hi, your blog is quite informative and provides good insight. Canfin Homes is one of your top picks. Can you comment on how the HFCs as a sector are expected to perform this year? Also your views on Canfin vs. LIC Housing?

  • markets
    January 28, 2007 at 6:59 pm

    Thanks for the compliments.

    As for Canfin vs. LIC Housing, I think that Canfin is doing very good and given the current pricing levels, the stock is raring to make it big. HFCs as a sector would definitely surge on the basis of the infrastructure story, as well as the growing demand in residential accomodation. Going forward, I think that the overall trend is very positive for this sector. What do you think?

  • Kedar
    February 21, 2007 at 9:27 pm

    One more way to make sure you get 25-30% profit in 5-6 months time is, buy a stock immediately after it declares bonus / split. Right now we have two blue chips – BHEL and Punj Lloyd.

  • aravind divekar
    October 13, 2007 at 4:51 pm

    what should be target for next 3 months?

    which sectors will perform?

    which stocks are due for bonus in next 6-12months

  • Ratilal C. Rami
    October 24, 2007 at 4:29 am

    CAN I BUY INDIAN STOCKS OR INDIAN FUNDS IN AMERICAN STOCK MARKET ?
    LIKE —–RELIANCE, TATA OR OTHER GOOD STOCKS.
    LIKE —–IIF FUND ?

  • Shankar Nath
    April 19, 2008 at 10:45 am

    Hi,

    Excellent job here. I checked out all the stocks you had listed … from Jan 1, 2007 till now. If we had put 12,500 rupees in each of these 8 stocks … the money would have grown by 43% … which is quite brilliant.

    Warm Regards
    Shankar
    http://scrip-tures.blogspot.com

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    August 1, 2008 at 2:38 pm

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