Quick Buy Calls For This Week - Few More
- Facor Steels has posted disappointing results for March quarter with a net loss of Rs.3 crores plus and a cash loss of Rs.2 crores plus on equity of Rs.20 crores plus. Share now ruling at Rs.7, (face value Re.1) may fall to Rs.5. Remain away from the stock.
- Ugar Sugar still running its sugar mill is reported to be having average recovery of 11.50% and would produce 15 lakh bag sugar. The company is likely to report better results for March quarter and share is recommended a safe bet at Rs.20 having face value of Re.1.
- Tourism Finance has declared 10% dividend for FY 08. Share is looking a good buy at Rs.25 for medium term which has potential to touch Rs.32.
- Orient Press plant at Silvassa had fire due to which production would get disrupted for about six months. Share price may soften from Rs.48 to Rs.40 in short term.
- Reliance Power having reported PAT of Rs.85 crores is due to other income of Rs.133 crores. The company is not into commercial operations as yet. The share is into limelight due to book closure date having announced for bonus. Share may move to Rs.430.
- Nelco is recommended a good bet at Rs.95 which can move to Rs.115 on expectations of some positive announcements by the company.
As always, check out more buy calls here that were posted before
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