Stock Recommendations

AIA Engineering– a niche player with an international presence – BUY with a target of Rs 900/-

AIA Engineering Ltd (AIAE), established in 1979 in Ahmedabad, is a design, development and manufacturing company in a niche grinding segment. The company with a market cap of approximated Rs 7400 crores, is the World’s second largest producer of Hi-chrome casting. Its wholly owned subsidiary Vega Industries is the global distributor of AIAE products outside […]

NMDC’s best every performance since inception….BUY target Rs 252/-

NMDC is a mining company engaged in iron ore production, the company with a marketcap ~Rs73,684 cr is 80% government owned.  The recent ban on mining across states – Karnataka, Goa, Odisha has had varying impact on metal companies and mining companies.  A significant portion of supply from Odisha is hurt by the ban, the […]

Stay Cool….BUY Blue Star tgt Rs 380/-

Blue Star is India’s largest central airconditioning company, the stock with a marketcap of ~Rs2600cr has been languishing these last two years.  Profits dropped as did the sales. The last two years have not been the best for the air-conditioning business as whole. The last quarter results indicate recovery. Blue Star fulfils the airconditioning needs […]

Reportcard!

A look at how my recommendations over the last six months have faired!  Without doubt markets have been kind but some of the stocks have indeed given very good returns. Some of the more recent picks and a couple of the older recommendations are still open…but I have no doubt in my mind that they […]

Infosys trading at attractive valuations…BUY with a target of Rs 3800/-

The company has seen one more top-level exit.  Mr. BG Srinivas (President and Member of the Board) resigned from Infosys.  This marked the 10th big exit from the company.  The timing of the exit at a time when we had been hearing that they are close to choosing a new CEO means that they are […]

Tesco’s stake buy in Trent Hypermarket gets CCI approval….BUY Trent tgt Rs 1300/-

This morning the papers carried the news that Competition Commission of India has approved Tesco’s stake buy in Trent Hypermarket.  Tesco proposes to buy a 50% stake.  Trent Hypermarket Limited (THL) runs the Star Bazaar chain in India retail sector. Trent is a ~Rs3400 crore market capitalization company, or Westside (as the stores are known) […]

A new day a new stock….BUY Dish TV tgt Rs 65/-

Continuing from the theme of economic recovery and consumption plays another attractive mid-cap pick! Dish TV a stock from the Media and Entertainment sector is India’s first direct to home (DTH) service.  The company, a division of Zee Entertainment, has made digital entertainment accessible and their payable option has over time introduced several value added […]

Consumer Discretionaries a good theme….BUY Vip Industries for a target of Rs 130/-

The markets have had a good run this last month, this rally seems to be here to stay. No longer is this a market for intraday trades or 10-15% returns but one where we need to find sectors or stocks that could chart recovery and a growth trajectory going ahead. Metals, Real estate, Power, Infra, […]

Metal stocks to see better days… Buy Jindal Steel & Power Ltd target Rs 375/-

Metals as a sector have had a rocky couple of years.  Global cycles have not been favourable and domestic slowdown too has hit companies, most of which were on an expansion spree before being hit by adverse markets.  Problems were manifold.  Most of them were in the middle of capacity expansion and borrowings were high.  […]

Buy CCL Products Target Rs 56/-

The company is a leading contract manufacturer of instant coffee for overseas branded coffee marketers,  incorporated in 1993 CCL started its commercial production of instant coffee in 1995 with a capacity of 3,600 MT. The company is promoted by Challa Rajendra Prasad, who together with his family holds ~40 percent stake in the company. It […]