Guys buy Reliance petroleum at CMP of 217....
Target of 250 in coming days....
Tuesday, November 6, 2007
Monday, November 5, 2007
First Recommendation
Scripname:Mcnally Bharat engineering company ltd,
Sector:Engineering
CMP:200
Target:300+
Duration:6-9 months
Traded in :BSE and NSE
BSE code:532629
McNally Bharat Engineering Company Ltd a leading Engineering Company in India engaged in providing Turnkey solutions in the areas of Power, Steel, Alumina, Coal washing, Ash handling and disposal, Port Cranes, Civic and Industrial water supply etc.Having over 250 plants...owned by williamson group...Has two subsidiary company...in 2002 they acquired control over a hungarian based company...
It is one of the fastly developing companies in India and hence many mutual funds invested in it over last six months and will continue to invest...FII's have a mentionable stake of 24% in it...Promoters hold 33% and public around 18%...the company posted a net profit of 17.5 crores in FY 06-07 while compared to 5.2 crores in previous...Profit had incresed 300% shows the growth...It has good order book and expected to produce stunning and amazing results in coming days...
It may trade with low volumes at present but surely it may give handsome returns in a year or two...If u are a long term player, this share presently ruling at 200 is a safe bet with minimal downside may fetch u more than 50% returns within 9-12 months...
Sector:Engineering
CMP:200
Target:300+
Duration:6-9 months
Traded in :BSE and NSE
BSE code:532629
McNally Bharat Engineering Company Ltd a leading Engineering Company in India engaged in providing Turnkey solutions in the areas of Power, Steel, Alumina, Coal washing, Ash handling and disposal, Port Cranes, Civic and Industrial water supply etc.Having over 250 plants...owned by williamson group...Has two subsidiary company...in 2002 they acquired control over a hungarian based company...
It is one of the fastly developing companies in India and hence many mutual funds invested in it over last six months and will continue to invest...FII's have a mentionable stake of 24% in it...Promoters hold 33% and public around 18%...the company posted a net profit of 17.5 crores in FY 06-07 while compared to 5.2 crores in previous...Profit had incresed 300% shows the growth...It has good order book and expected to produce stunning and amazing results in coming days...
It may trade with low volumes at present but surely it may give handsome returns in a year or two...If u are a long term player, this share presently ruling at 200 is a safe bet with minimal downside may fetch u more than 50% returns within 9-12 months...
Subscribe to:
Comments (Atom)
