Ambika Cotton Mills CMP 124 has expanded its captive power plant to overcome power shortage and is setting up another 6 MW biomass power unit. It has posted good results in Q1 and Q2. Buy at current levels for a target price of Rs 200.
Turnaround performance of RSWM CMP 98 in Q2 has triggered renewed buying interest in the counter. Restructuring by demerger of some divisions helped RSWMto improve its operating margins. Buy on declines for a target price of Rs 150.
APW President CMP 144 is a leading designer, manufacturer and supplier of enclosure systems for IT and telecom infrastructure. Buy at current levels for short term gains.
After long consolidation, the stock price of Indraprastha Gas Ltd CMP 187 is on the fast track due to expected gains from the recent expansion of the company’s CNG outlets in the NCR region. Stay invested for target price of Rs 225 in near term.
Steady buying seen from FIIs in hospital stocks. Stay invested in Apollo Hospitals CMP 559 for a target price of Rs 675 in next few weeks.
After stock split, volumes in Hindustan National Glass CMP 149 are on the rise. It is expected give an EPS of Rs 24. Buy for target price of Rs 225 in medium term.
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