Buy Calls for Short Term – Value Buys
Here are few more buy calls in addition to the buy calls we just posted before.
PRAJ INDUSTRIES
Praj Industries is recommended for short term at Rs.178 due to expectations of Ethanol Plant orders from Europe due to reviewed interests due to sharp rise in crude prices. Informed buying can take share price to move to Rs.195 levels.
KISAN MOULDINGS
Kisan Mouldings looks a good stock at Rs.30 mainly on expectation of better March 08 results. The company is into manufacturing of PVC pipes, fittings, plastic furniture and has been able to pass on the increased cost of polymers thus maintaining its margins. FY 09 EPS is likely to be close to Rs.10
J KUMAR INFRA
J Kumar Infra a contracting company is recommended at Rs.90 for short to medium term as FY 09 EPS of the company is likely to be close to Rs.20. In the near term share could cross three digit mark.
GOA CARBON
Goa Carbon makers of Calcined Petroleum Coke is doing exceedingly and FY 09 EPS is likely to be close to Rs.30. Share now ruling at Rs.75 has potential to rise to three digit mark soon.
REVATHI EQUIPMENT
Revathi Equipment, makers of coal mining drilling equipments and having corrected to Rs.850 looks a good buy as FY 09 working is likely to be better due to flow of orders from Coal India as also consolidated working is likely to be better. Due to disappointing results expected for March 08 quarter
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