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Tuesday, April 21, 2009

Pick of the WEEK : " GVK power - Sound investment "

GVK Power (Rs. 27.00) (Code: 532708) :- Company is basically involved in power and infrastructure segments. Company has interest in different business segments like gas, hydel and thermal power, express road construction, airports, aviation SEZ services via its subsidiaries.

Company is expected to get gas supply after it start getting supply from just commissioned gas production by Reliance in K.G.basin. Company is taking new projects with the help of its subsidiaries.

Company has earned net profit of Rs. 3.30 crores on gross sale of Rs. 6.49 crores. It could provide good return on investment in next two to three quarters.

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All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.