Originally Posted by anish Buy call on Adani Power is reiterated with a one year target price of Rs.160. The stock is currently traded in the range of RS.133. The stock is trading weak due to the ruling against the company by Gujarat Electricity Regulatory Commission, rejecting the company’s request for terminating its contract with Gujarat Urja Vidyut Nigam Ltd (GUVNL) to supply 1 GW power at a tariff rate of Rs.2.35/ kwph for 25 years. It seems that there would be limited downside to the ...
Originally Posted by anish BGR Energy is recommended to buy with one year target price of Rs.968. The company has been implementing the projects successfully and the progress of implementation is as per schedule.A 600 MW EPC (engineering, procurement and construction) at Mettur, TN and and another one at Kalisindh, Rajasthan are progressing as per schedule. Company has bid for NTPC’s bulk deal 11 x 660 MW boilers and expect to get orders worth Rs.1100 crore in FY11. ...
Originally Posted by anish IDFC is recommended to buy with a six month target price of Rs.210. The stock is currently traded around Rs.180. It is expected that the loan portfolio would increase by 41% in FY11 as against the earlier projection of 25% growth. This is based on the performance of the company in 1QFY11. It is expected that the momentum would continue for the whole year. The company is working with a balance sheet target of Rs.1000 billion by FY14. This implies ...
Originally Posted by SIVAPRAKASH P R Now sensex is below 18000 and if 17800 is broken then chance to fall to17450, 17000, 16900 is very high If market move to a correction phase then 10-12 % fall is possible Nifty can find support around 4900-4950
Originally Posted by SIVAPRAKASH P R In current market condition i think it is better to have a hedge on all long possitions, Sensex may fall to 16900-17100 Pls comment
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