GEI Industrial Systems CMP Rs 71 is one of the leading manufacturers of air-cooled heat exchangers and steam condensers for oil and refinery, power and gas compression businesses. It has allotted equity to BanyanTree Growth at Rs 75. Stay invested for a target price of Rs 120 in medium term.
Poly Medicure CMP Rs 121 is manufacturer of medical devices. Its products have approvals for developed markets such as the US and Europe also. The growth of the healthcare sector and need for quality medical devices have helped the company grow at a rapid pace. Excellent Q1 results make the stock a good bet for a price target of Rs 175.
Both these stocks should be accumulated in 2 - 3 parts. Don't invest in BULK as markets are bit volatile before expiry.
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Tuesday, August 25, 2009
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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.
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