Thursday, 4 October 2007


Ashwani Gujral has given a buy tip for this stock today. He has recommended a target of Rs 625 with a stop loss of Rs 490.

There has been a block deal of this stock on BSE - 10 lakh shares at Rs 578 per share. It is currently quoting at Rs 557.95, 3.11% higher than yesterday's closing price. It had jumped by about 6.5% in yesterday's rally.

Suzlon Energy

Suzlon Energy is quoting at its 52-week high of Rs 1636 right now at 13:19. This is on account of the news yesterday which was reported on this blog.

New Fund Offer (NFO)

Tata Indo Global Infrastructure Fund - a NFO from the house of Tatas is open for subscription. It is a 3 years close ended equity scheme, which will be converted to open-ended scheme after maturity. This looks like a good investment option as the currently running Tata Infrastructure fund is doing pretty well and they have experience in this sector.

The offer closes on 16th October 2007.

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.