GET - Hot Stocks to buy tomorrow
Hi All,
The Market was very good and had shown the upward movement at open in morning, after that it traded in the Narrow Range today. Realty and consumer durables were the biggest gainers of today's trade while FMCG and capital goods closed with marginal declines.
Stock tips/tricks and prescription for tomorrow 5 July :-
Jai Balaji Industries Ltd(Hold)
The company offers diversified product range. It is one of the major steel manufacturing group in Eastern India with products like pig iron, sponge iron, TMT bars, ferroalloys and alloy bars. It is expanding its Greenfield plant of 5 metric tonne per annum at Purulia . Hold and expect returns of 25 to 30% in one year.
Hi All,
The Market was very good and had shown the upward movement at open in morning, after that it traded in the Narrow Range today. Realty and consumer durables were the biggest gainers of today's trade while FMCG and capital goods closed with marginal declines.
Stock tips/tricks and prescription for tomorrow 5 July :-
Jai Balaji Industries Ltd(Hold)
The company offers diversified product range. It is one of the major steel manufacturing group in Eastern India with products like pig iron, sponge iron, TMT bars, ferroalloys and alloy bars. It is expanding its Greenfield plant of 5 metric tonne per annum at Purulia . Hold and expect returns of 25 to 30% in one year.
Escorts Ltd(Hold)
The minimum support price for agri-products has been hiked, which would benefit agri machinery business. The focus of new railway minister on growth will increase company's contribution from railways. Construction equipment business will gain if government focuses on development of infrastructure.
Lanco Infratech Ltd(Hold)
The power portfolio of the company includes an installed capacity of 3,292 mw. The construction and EPC division of the company is executing various orders worth more than Rs. 302 billion. The company is constructing around 440 km of National Highways on BOT basis. There are some legal issues in Australia. Clarity on these issues will benefit the stock. Hold with a target of Rs. 35 -40.
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