BAG Films – a stock that I had written about earlier – has finally achieved its targets. A good run from 11.6 at the time I mentioned the stock first time on this blog to the 19-22 levels that it is trading at right now. Keep a watch on this stock.
Entries from January 2007
January 28, 2007
Sensex FY07 Target is 17000
A recent ICICI Securities report expects the Sensex to reach 17000 by the end of 2007. This is a very divergent view from what Merrill Lynch reported – that the sensex would crash to 11,500 levels by December 2007. I would love to believe in the ICICI Securities report, but would at the same time [...]
January 12, 2007
Reliance Communications – Underperformer
A recent Kotak report has put an underperformer rating on Reliance Communications. The report says that the stock is overvalued given the potential slowdown in the industry in future and aggressive price competition. Kotak has projected a target price of 375. The only factor that will drive the stock price north is profitability margin. Need [...]
January 11, 2007
Walchandnagar Industries – Update
I have been recommending this stock since quite some time now. The first time that I had recommended this stock, it was trading at 500-600 levels. In a short duration of 2 months, the stock has shot up to 1400. Way to go for this stock.
January 11, 2007
Jyoti Structures – Engineering & Capital Goods Pick
Jyoti Structures, which is trading in the range of 128-135 at present, is a good mid-cap pick in the engineering & capital goods sector. Need to keep a watch on this stock – especially its movement over the next one month. It would make an excellent buy the moment it breaks out of the current [...]
