Monday, October 25, 2010

IVRCL INFRAPROJECTS rs 200

IVRCL INFRAPROJECTS is a medium sized infra company with huge orders in the pipeline

low in its valuation compared to its peers with curretnt pe of 11.8

buy in the range 150
target of 200/-

WIPRO TECHNOLOGIES

Wipro Tech has performed decently this quarter but the expectations were higher so next quarter the expectations would be lower and the performance even better
so Buy in the range 385 to 415/-
target 500/- by next quarter(3 months)

Sterlite Technologies

Fundamentals why buy it?

Sterlite Technologies (STL) reported a disappointing set of results in
Q2FY11. The company reported revenues of Rs 509 crore in Q2FY11 (Idirect
estimates: Rs 623 crore), implying a growth of 9.4% YoY and
3.6% QoQ. EBITDA margins contracted 129bps to 17.8% due to lower
fiber prices globally and stabilisation of the newly commissioned fiber
capacity. Consequently, PAT grew at a moderate 5.3% YoY to Rs 57.5

cmp 84 buy between 75 to 85/-

target 115 to 125/-

Syndicate Bank buy

PSU segment bank Syndicate Bank has underperformed the bankex for the complete bull run.The bank is in expansion mode and it is advisable to buy on dips between 110/- to 125/- target of 175 to 200/-

SELAN OIL EXP

Selan oil exp has not preformed according to its fundamentals .It is buy on selan between 300/- -> 340/- with targets of 500 i.e. 50%

Sasken Comm Tech target achived

SASKEN TECH COM target achieved with return of 35% in the month of JULY 2010