Tips and Tricks

by khalid on 16/08/2010 · 0 comments

ITC Ltd. :- The company has become a conglomerate and its subsidiaries are doing better than the core business of tobacco. The stock is likely to give returns of 20-25 per cent (YoY) in the short term. Current Market Price (CMP) of the share is Rs 156.55 .
Chetan Patel – Sushil Financial Services

Biocon Ltd :- The earnings have been impressive and the company’s net profit jumped Rs. 77 cr. against Rs. 57 cr. However, the stock looks overvalued at these levels and may correct in the short term. Current Market Price (CMP) of the share is Rs 343.40 .
Chetan Patel – Sushil Financial Services

Reliance Industries Ltd :- Being a market heavyweight, there is institutional support in the stock which reduces volatility. The settlement between the two Ambani brothers has set up new areas for growth. Hold with a target of 1251. Current Market Price (CMP) of the share is Rs 980.40 .
Chetan Patel – Sushil Financial Services

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