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.

Monday, 15 October 2007

Sensex at 19K: What to do now??

Who would have believed if somebody said that sensex would close at 19K 4 days ago. But that is exactly what has happened. Sensex closed above 19K today to close at 19058.67!! But what should people like you and me do at this point? Should we invest more in
stock markets at this point or sell or adopt a wait and watch policy. I think it is a good time to take a long and hard look at your portfolio. Stocks that have given you consistent returns need to seperated from the ones that have been rolling just in this bull market. Now the risks are a lot higher so you need to careful and not over invest. I think profit booking to some extent, atleast the trading bets, would be a good idea. Who said stock trading or investment was easy?

Sunday, 14 October 2007

Investment guru Marc Faber

Friday, 12 October 2007

Stock Tips: Infosys

I think you can buy Infosys at the current levels (CMP Rs 1929) for a target of Rs 2250-2350. This stock is a good investment option at the current price.

Mastek

Mastek was up almost 25% on the news of board approving the buyback of shares from the open market. The maximum buyback price would be Rs 750. Currently the share is trading at Rs 380. I had given this tip when the share was trading at Rs 291. More than 30% profit in 15 days for those who had invested in this stock.

Thursday, 11 October 2007

Sharekhan Recommendations

Sharekhan has given buy ratings on the following stocks

SBI with a target of Rs 2282. CMP is Rs 1944
Sun Pharma with a target rating of Rs 1287. CMP is Rs 969

Idea Cellular

I had given recommendation for Idea cellular when it was trading at Rs129. The CMP of this stock is Rs 143. Today Rajesh Jain of SMC Global securities and Mehraboon Irani of Darashaw & Company have given a target of Rs 155-160. The general advice is to remain invested in this stock from a long term perspective.

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.