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Daily Calls (06-08-2007)
Monday, August 6, 2007
Ashwani Gujral
Sell Shree Renuka Sugars with stop loss of Rs 600 for target of Rs 470
Sell India Infoline with stop loss of Rs 707 for target of Rs 560
Rajat K Bose
Buy IFCI with stop loss below Rs 58 for targets of Rs63 - Rs 65. This is a day trading recommendation
Sell Tata Consultancy Services with stop loss above Rs 1115 for targets of Rs 1079 and Rs 1065.
E Mathew
Buy South Asian Petrochem with stop loss of Rs 14.50 for short-term target of Rs 29.40
2 comments:
Yes, you can with a target Price of Rs. 22+ for short.
Brief Financials:
Net profit of South Asian Petrochem rose 620.59% to Rs 34.30 crore in
the quarter ended June 2007 as against Rs 4.76 crore during the
previous quarter ended June 2006. Sales rose 26.21% to Rs 264.76 crore in the quarter ended June 2007 as against Rs 209.77 crore during the previous quarter ended June 2006.
South Asian Petro Chem is a Good Buy