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Saturday, April 4, 2009

Sokhi Market BUZZ : Stock Ideas for 6th April & Week ahead !!





* Worst seems to be over for Supreme Industries (Rs.113.17) as it is expected to report better results. The company has completed the buyback. Present FII holding is nil and floating is also low, if the stock attracts attention of some value based buying of big investors, it may touch higher levels soon.

* Glodyne Technoserve (Rs.260.90) is said to be doing well and the stock is under accumulation by knowledgeable investors.

* Patel Integrated Logistics (Rs.18.10) is a 'Total Logistics Solutions Provider' with products like Conventional Road Transport, Co-Loading of Air Freight and Consolidation of Cargo, both domestic and international and Logistics and Retail Cargo movement. With sales of around Rs.300 cr., the scrip is available at market cap of just Rs.25 cr. It 52-week low is Rs.15 and the stock is available at its support level where the downside risk is limited.

*IFGL Refractories (Rs.17.90) along with its subsidiaries is primarily engaged in manufacturing specialised refractories and operating systems for steel plants. The company continues to be a prominent player in specialised refractories. It is a Rs.10 paid-up stock trading at Rs.17/18 level. Last year, it paid dividend of 20%. Promoters hold 71.3% in its equity. Investors can keep a watch on this stock & accumulate on dips around Rs.16/17 for good long-term growth.

* Kalpena Industries (Rs.59.40) is into plastic compounds with products serving the power cable industry, pipe industry, footwear manufacturers and compounds for packaging. It is a 20% dividend paying company with a share book value of Rs.46, while the expected EPS for FY09 is likely to be Rs.18-21. Stock having reacted from a high of Rs.204 to the current level of Rs.62 looks attractive.

New developments are said to be taking place in Wall Street Finance (Rs.49) as promoters are accumulating this stock. It is likely to see higher levels.

* Kirloskar Electric (Rs.25.75) having reacted from a high Rs.390 to current levels of Rs.25.75 looks attractive for long-term investors.

NOTE : SOKHI PAID CHARGES from 8th APRIL Rs 5300 for 12 months. Dont ask for old charges later on. JOIN before 8th April for Rs 4,400 for 12 month. Mail me at sokhitrading@gmail.com / sms at 09239 176 426 / www.sokhipaid.co.nr



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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.