Friday, June 26, 2009

My Share Picks for today

I have read loads and loads of stuff about the following shares, analyzed a lot about them, to me, for now, these are the best and safe bets. Also please have a look at the disclaimer down below the article. Thanks.
NTPC
Trademark indian govt power share, one can buy around 190.
YESBANK

very strong fundamentals, good management model, good quarterly results and on the uptrend, very positive outllook as far the current govt foresight is concerned (hopefully ok), different and dynamic from traditional banking,one can buy around 125.
SATYAM COMPUTERS

Tech mahindra bought satyam cheaply, dead cheap i would say, one can buy around 65 for now
JAIPRAKASH ASSOCIATES
NO.2 after dlf, stable when you compare it with DLF (not that fluctuating), not so costly, not just into construction but diversified into many businesses - one can buy around 190 levels.
ANDHRA BANK

not many aware of its revenues, its all set to explode all over india - one can buy now, right now.
IDBIBANK
well established infront of the competitors like icici, got name as a faithful bank, strong homeloan sector accounts, doing well offlate, one can buy around 100.
RELIANCE NATURALS

Won the recent court hearing, once people minted money with this script, its available at a decent price now, can pick up this script around 80.
disclaimer : Im holding all the above, but you guys please dont rely on me, its ur money, you are the best judge on that, so you decide. Its my blog and just my opinions.
ALOK INDUSTRIES
a textile stock, i love it because it is around 20 rupees, but thats not all, its a strong company, this rules the textile industry in many areas of INDIA, and it is currently at very low levels. The textile industry has been going through a rough patch since more than 2 years, and hence the low price...and there are lot of promises ahead from the new MP Mr. Maran, he is in the news everyday. Alok industries is in good profits if you look at the past quarterly results and aggressive in its expansion plans through out India. I think its a very safe Bet, allows us to buy volumes.
BIOCON
is a gold mine for me, pick it up with both of your hands whenever the market is down, if you are a long term investor then you have struck gold i would say. Biocon's latest release of the cheapest diabetes drug would be a trendsetter for the company in the coming months (or years). Biocon has been waiting for this kind of success since ages, whatever, its always been a strong Indian biotechnological company.

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