Development Credit Bank Ltd(Hold)
The stock is slowly moving up. Once it goes past 64, it is likely to reach 78 level. Investment can also be spread into Kotak Bank, Bank of Baroda and Federal Bank.
GTL Infrastructure Ltd(Sell)
The stock has declined by a large margin since the news of India-Mauritius Tax Treaty came in. It can be exited as in a high-interest rate scenario, investors should stay away from high-debt firms.
Shree Renuka Sugars Ltd(Hold)
The stock has made a bottom at 57-58 levels. It is likely to reach 72-73 level. Hold with a stop loss of 57.
No comments:
Post a Comment