Archive for August 17th, 2008
Technical Analysis: Patel Engineering - Worth Buying now
Patel Engineering is trading at Rs 420.9 now and despite the scary plunge from Rs 640 to Rs 286 in the three months from May this year, there is still some hope left for the investors in this stock. The stock reversed from the key support zone around Rs 300 in July and is currently [...]
Buy Kalindee Rail Nirman Engineers For Medium Term
Investments with a two-year perspective can be considered in the stock of Kalindee Rail Nirman Engineers, which is engaged in the business of signaling, telecommunications, gauge conversion and track-laying for the Indian Railways. A direct beneficiary of the higher government spending on rail infrastructure, Kalindee stands to benefit significantly from initiatives such as setting up [...]
