* Rohit Ferro Tech (Rs.42.45), which reported profit of around Rs.5 cr. in Q1FY10, is likely to post Rs.10/12 cr. profit in Q2FY10 and Rs.20/22 cr. in Q3FY10 in view of the benefit of firm prices that become effective Q3FY10 onwards. Stock is likely to show a good upmove.
* After good consolidation, it is possible that Kalpena Industries (Rs.138) may now move up for the next target of Rs.200 over the next few months.
* Lancor Holdings (Rs.103.25) was recommended between Rs.32-40 levels a few weeks back from where it has moved up sharply. There is promoter buying in this stock. Investors can continue to hold for a target price of Rs.125 level.
* Atul Ltd. (Rs.81.55) was recommended from lower levels in this column. With recovery in the global economy, the company is expected to do well since 50% of its sales are from exports. Investors can continue to hold this stock for the next target of Rs.125.
* Although Suzlon Energy (Rs.92) moved up well from its low, it has underperformed the capital goods sector. The company has initiated a cost reduction programme to reduce overheads by Rs.500 cr. annually. Moreover, in view of the expected improvement in the global economy, the company should do well over the long run. Investors can keep a watch on this stock for buying on dips.
* Kalpataru Power (Rs.835) had bagged some orders at fixed rates when raw material costs were at their peak last year. The company will benefit now and earn better margins in view of the fall in raw material prices. The outlook of the company is encouraging and it is likely to benefit from expansion in future. Investors can stay invested for target price of Rs.1500 over the next one year.
* After a long consolidation, Indian Hume Pipes (Rs.679.30) has closed well at Rs.681. Investors can continue to hold this stock for a target of Rs.900 level where it can be reviewed.
* Godrej Industries (Rs.198.90) is strongly advised by some knowledgeable investors for an upmove. Investors can buy as a momentum call on a stop loss basis.
* After a long wait, GTL Infra (Rs.41.35) has closed well. Investors can continue to hold the same.
* Revathi Equipments (Rs.599) is said to be doing well and is likely to report an encouraging performance in H2FY10. Its Construction Equipment Division is also likely to get good orders the second half. The stock is likely to touch Rs.1000 mark over the next 6 months.
* Supreme Industries (Rs.316.50) has consolidated well over the last 3 months between Rs.290 to Rs.325 levels and may see a breakout in the near future. Investors can continue to hold for good growth over the next one year.
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