Tuesday, 16 October 2007

Investment pick: Punj Lloyd

I gave recommendation of Punj Lloyd on 10th of August when the CMP of this stock was around Rs 275. Currently the stock is trading at Rs 390 levels i.e. almost 42% return on investment in 2 months!!!

Now a number of analysts have given a buy rating to this stock including Mr Sudarshan Sukhani. India Infoline has also come out with a buy recommendation on this stock on 15th October.

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.