Comments on Current Stock Picks

Here is the updated consolidated list of stock picks and my comments on them

1.BAJAJ AUTO LTD

Demerger will create value for stock holders. My target is 4000 in 1 to 1.5 years. Already stock has run up from my recommended level in September but still target is intact.

2. BHEL :

Good order book position. Can expect an appreciation of 50% in one year.

Stock has appreciated well and target of 3000 is on cards.


3.DLF Limited :

Target of 1100 in one year. Good stock to buy in Real estate. Based on Annual EPS of 40, it is quoting at 15 PE currently and is undervalued.

We are close to this target and revised target for DLF should be 1400.


4.ICICI BANK LTD.

One more good banking stock to pick in private sector. One can gain around 30% in one year time.

I think it surpassed my target. It should gain another 30% from here in one year.


5. INFOSYS TECHNOLOGIES LTD

Technology stocks which were once darling of the markets have taken back seat now and are not finding any takers but I still believe Infosys will deliver decent returns even in adverse conditions. I expect a target of 2500 by March End.

I still maintain my target.

6. Reliance Communications Limited

Good stock to hold in portfolio. Expect a return of 40% in one year from current levels.

Rel Comm has multiple triggers and next target is 1000 based on its subsidiaries listing in foreign exchanges. We should see target of 1500 in one year from now.


7. RELIANCE INDUSTRIES LTD

Target of 2500 in one year. It will move with Sensex and retail story can fuel this upto 4000 in 2 years.

One year target was achieved in one month now I expect 3200 target in next one year.


8. Reliance Petroleum Limited

Revised target for RPL is 250 in one year.

9.PTC INDIA LIMITED

Target of 125 in one year.

It should now be 150 in one year

10. Sun TV Network Limited

Target of 450 in one year time. Has good potential in terms of revenues..

11. GMR Infrastructure Limited - My favorite pick.Hold this for 3 to 4 years to reap a multi fold bonanza in this. Target of 2000 in 2 years and 4000 in 4 years.

My favorite pick only did not perform as well as it should but I still maintain my targets as it will catch up soon on any news. Hyderabad Airport will start one month ahead than expected start of march 2008.


12. IDBI

Good banking stock with value unlocking to take place. Target of 175 in 6 Months time.

Target revised to 250 in next 6 months.


13.STATE BANK OF INDIA

Value Unlocking and lot of potential left in this. Target of 2500 in one year time.

We should see target of 2500 in next 6 months.


14.RELIANCE CAPITAL LTD

Another good stock to buy. Stock has potential to give 50% returns in one year. If bank licence is obtained stock may give 100% returns in one year.

It has moved up from 1000 levels to 1800. Revised target is 2500 in one year.

15. Powergrid Corporation :

Target of 200 in one year. Buy at dips in correction phase around 90 levels.

16. Jai Prakash associates :

Stock split from 10 Rs to 2 Rs approved by share holders. Buy for Target of 2000 in next one year from current levels of around 1275.

Speculative Stocks or Punters Favourites

1.IFCI LTD

IFCI has announced good Q2 results. Stock should be re rated and hence for long term it can go to 250 Rupees. Long term investors can stay put in this for next 1 year.

For short term investors 120 to 15o Rs will be there in next 4 months.

2.JAI CORP LIMITED :

Stock split to 1 rs and bonus of 1:1 given which gave 20 shares for 1 share held.

Target of 20000 already achieved instead of 10000 given on Sept5th and it is moving to 25000 now.

3.NAGARJUNA FERTILIZERS LTD

Stake sale rumour making this stock move up fast. Target of 60 being predicted.

Target achieved. Sources now suggest 100 Rs on this similar to IFCI.


4.TELEDATA INFORMATICS LTD

Stock keeps moving from 55 to 70.

Keep track and buy. Target of 125 in one year if demerger takes place

Target should be reached now as high court approval achieved.

5. Arvind Mills :

I had asked to buy around 55. Target of 70 is achieved. One can exit from this and remain only in zero cost shares now.

I will keep adding more stocks to this list and the link will be shown in my market comments so that it will be easy to pick.