Sunday, December 16, 2007

Buy Ispat Inds




This week Karvy recommends buying of JP Hydro, Forties, Ispat Inds and India Cements for a target price of Rs.143, Rs.125, Rs.94 and Rs.350 respectively. India infoline recommends buying of Godawari Power and Ispat Ltd., They also recommended buying of ITC and Andhra Bank in dips.

Another stock buzzing last week was Pitti Lamination, which manufactures electric-grade steel stampings and laminations, the key components in motors, rotors and other electrical components. Its clients include ABB, BHEL, Siemens, Suzlon and GE (US). Insiders are saying that REL is going to buy a minority stake in this company.

Jaihind Projects may be bought for short term as the company's order book is swelling day by day.


Posted By R John Christy at 5:03 PM Labels:

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