Kiri Ind up 13%. Hits target of 600. Continue holding Revised Target 750. Add more on dips towards 550-560. SL 520.
Reference Call:
Enter Kiri Industries (BSE: 532967; Price 455). Target 600. SL 390.
[Priority Exclusive] Worried about market highs? Alternatives to stay calm.
Looking to book profits when there is 10% upside potential?
[Priority Exclusive] Short term pick with 35% upside. Good numbers.
Bhansali Hits target price of 142. Continue holding. Revised Target 175. SL 120. Add on dips towards 130-133.
We had recommended Bhansali Engg at 113 post results for a target of 142. Target is hit today. Stock had hit upper circuit yesterday, so we are still positive on the stock.
Price to Book is our consern, some good rallying multibaggers like Tata Metaliks are trading at 20x book, so we would upgrade target to 175 valid until next quarterly result. There was a technical break at 120 few days back. We would have our SL at 120.
Reference call:
Good Numbers: Bhansali Engg (BSE: 500052, CMP: 113). Revised Target of 142.
Decent Numbers: IG Petro BSE: 500199 Price 735. Target 960.SL 630. Add on dips towards 670-680.
Stock is trading at 17-18 times Annualised current quarterly earnings, while the Industrial PE is at 24.
We have a target of 22 times Annualized current quarterly EPS of 10.9 i.e 960.
Earlier call on IG Petro:
IG Petro Hits target of 710. Revised Target 920. SL 590. Add on dips.
Engineers India Hits target of 190. Revised Target 215. Continue holding and Add on dips towards 175-180. Stoploss 165.
Reference call:
Good Numbers: EIL (BSE: 532178 Price 166). Target 190. SL 148. 3 months.
Flat Numbers: Navin Flourine (BSE: 532504 Price 734). Revised Target 870. 3 months.
We recommended Navin Flourine at 659 for a target of 840. Stock is up 11% from recommended price.
Add on dips towards 700. Target 870. SL 610. 18% upside in 3 months.
Reference call:
Fresh call: Navin Fluorine looks good at 659. Target 840. SL 590. 3 months
Decent Numbers: INEOS (BSE: 506222 Price 1030). Target 1250. 3 months. SL 920. Any dip towards 970-980 is good place to buy.
Stock has posted a decent Numbers this quarter.
Associated Alcohol almost hits target. Hold Revised Target 240. SL 160.
Add more on dips towards 170-175.
Watchout for Quarterly numbers. Target maybe revised post results.
Reference call:
Decent Numbers from Associate Alcohol. Share price 160. Target 192. Sl 140.
GMDC Hits target of 180. Add more on dips towards 160-165, if any. Continue holding for a Revised Target 220. SL 150.
Reference call:
Enter GMDC (BSE: 532181) between 130-136. Target 180. SL 120. 6 months.
Strong earnings and sector outlook. Buy GMDC at 130. Target 175. 6 months.
Decent Numbers: SKF India. BSE: 500472 Price 1587. Target 1850. SL 1450. 3 months.
Add on dips towards 1525-1550. Better risk reward ratio.
Decent numbers from Triton Values BSE: 505978 Price 1595. Target 1950. SL 1450.
Stock likely to retest 52 week highs.
Good Numbers: EIL (BSE: 532178 Price 166). Target 190. SL 148. 3 months. Add more on dips towards 155-160.
Update on Indian Metals. Revenue flat, Profits poor. Hold with SL of 600.
Going through the Quarterly results and better outlook on the sector, hold the stock with SL of 600. Stock likely to range 600-700 for 3 months. Above 700 stock can rally towards 950. Below 590 stock can dip towards 480 and 440.
Long 18 to 24 months time frame, we will hold our target of 1200 and 1500 due to better sector outlook.
Reference call:
Indian Metals at 650. Recommended at 450. Target 1200. 12-18 months.
Book Profits in Shreyas Shipping Target hit.
Reference call:
Strong numbers from Shreyas Shipping. Stock hits upper circuit. Target 480.
Good Numbers from Asian Paints (Price 1208). Target 1440. SL 1080. 3 months. Add on dips towards 1150.
Decent Numbers from Rallis (BSE: 500355 Price: 243). Target 300. 3 months. SL 220.
Stock shall retest 52 week highs sooner.
Flat Numbers from Chambal Fertilizers. Target Price intact.
Refer to our earlier call below:
Enter Chambal Fertilizers above 150. Add on dips towards 135. Target 200.
