Tuesday, 2 October 2007

Stock Tips: Buy Mastek

Mastek Ltd is in the process of a major restructuring exercise. This is in order to bring their costs in control and, if all their plans fit together, is due to take off in a big way. I think this is a good time to invest in this stock.

CMP: 291

Apply for Maytas Infra IPO??

The general view is that this issue is expensive. As per S P Tulsian, it is better to avoid this IPO. But experts also agree that it is a good bet for long term investment. So don’t expect fireworks on listing!!

Power Grid Corporation

BSE Script Code: 532898

IPO Listing Date: Friday, October 5, 2007
Issue Price: Rs 52/-

This is expected to list around 75-80 and above.

DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.