Fortis Healthcare

A good script to investment in Healthcare is Fortis healthcare, it recently touched a low of 138 and came back up to 150 levels. accumulate at each dip and keep a holding for 1 year, definately a multibagger. Have bought stake in Parkway singapore hospital also. Its a Ranbaxy and Religare group company and both the brother have stepped down from Raligare to fully focus on this business.

Disclosure: I have personal investment in this stock.

Ashok Leyland "Low Return Low Risk"

Low Risk investor can buy into it with targets of 80 in 5-6 months, results were good with increase of sales on yoy basis. Details could be gathered from moneycontrol.com, in there Balance Sheet segment of Ashok Leyland.

Few Stock to Keep Eye, Recommended by Ashish Chugh

Ashish Chugh Recommendation for May: Anik Industries, Siyaram Silk Mills. Keep a Eye on it, 70-80% they are multibagger. But as Market is weak, accumulate with small chunks. Siyaram Silk Mills also recommended by Valuepick blog.

Spice Mobile

Avoid Buying in down trend, and where it will settle is not still clear.

GIC Housing Finance Ltd

Fundamentally company is into a good business of house loans like HDFC, LIC Housing. The growth of the company quarter on quarter is promising. EPS for last financial was 10.5 and for this financial it is going to post EPS of 12-13, and with PE of 9, which is very low compared to industry PE, hence company might be re valuated sooner or later. Book Value is of 65, and hence available at 1.5 time of book value.
Showing strong signals of growth, one can buy for 6 months to 1 year with a target of 150-180/-.

The stock is stabilizing around 95 to give another move upward. Buy and accumulate on dips or at current price for long term investment.

Nirma

Nirma is in news on its good financial results and merger of subsidiaries company into Nirma, EPS in this financial year is to be around 16-17 vs 5.86 in last financial year, a good growth and price value near to its book value make it a strong contender for value buy. Buy with medium term time frame for targets of 260-280 in 6 months. Also follow on www.multibaggerpicks.info

Varun Industries

Varun Industries is an exporter of kitchenware and houseware items, its main markets being the Americas, Europe, the Far East, Australia, African and Middle East countries.Varun Industries has set up a unit for steel kitchenware and houseware in Vasai, near Mumbai, at a capital expenditure of Rs 55 crore.
This unit has capacity of 30,000 tpa and will help reduce the company's dependence on suppliers of these products.The company also has diversified into wind power generation.
It proposes to venture into iron ore mining, oil and gas drilling.Company's iron ore mining business is yet to get approval for lease. Varun Industries has entered into a contract with ONGC for oil & gas drilling. Both these businesses are at nascent stages. The company has also completed its backward integration programme at Jodhpur. It has set up a stainless steel re-rolling mill at a cost of Rs 29 crore.The company is highly vulnerable to exchange rate fluctuations.
Varun Industries has a high leverage and low interest coverage which I believe could be a major concern for the company's future plans and fund raising abilities. I also note the execution risks related to entering the Indian market. New businesses like iron ore mining and oil & gas drilling,wherein the company has no experience.
Valuation wise it looks decent thus investors having the counter should keep holding for long term gains.

Company has already showed a movement from 22 to 199 (exponential move) and then on technical charts it look weak hence retracing the path back to 140 to 151 level, and will start upmove from thr, good pick for long term investors, with target of 250 in 3-4 months and 800 in 1.5 years or so.

Ram Ratna Wires

Ram Ratna Wires is established in 1992 whichmakes Super enamelled copper winding wire,copper wire, copper scrap and PVC insulatedwinding wires. This company is a member of Ram ratna Group which makes wiring cable under the brand name ‘RR KABEL’.Company’s products are widely used in industries like Electrical, Electro-mechanical, Electro hydraulic or Electro-pneumatic, Electronic and Telecommunication equipments and devices.Now company is in an expansion drive to increase its production capacity at its existing unitsand also planning to expand its product line to Enamelled Strips, Enamelled Aluminium Wire, Submersible Winding Wire, Fiber Glass Covered Copper Strips, Paper Covered Copper Strips etc. Copper price is the key factor affecting theprofitability of the company. Since it is the time of booming business for its customers company can pass part of the raw material price to its customers. Last FY companyposted a turnover of 303 crore and a NP of just 1.3 crore and an EPS of Rs.1.2.For the nine month ended Decemberqtr RRW posted a NP of 8.1 crore v/s 1.3 crore in last full year.It is expected to post an EPS of Rs.10/-for the full year which is almost a 10 fold increase compared with last year.Company has an uninterrupted dividend history too. At CMP of Rs.56/- It is a scrip to watch, and buy around 48-51 with time horizon of 1 year to get 100% returns.

Blogger Buzz: Blogger integrates with Amazon Associates

Blogger Buzz: Blogger integrates with Amazon Associates