MAZDA LTD (BUY) 98 - 102 (Targets) 106 / 110 / 115 (Sl) 90
Manufactures vacuum pumps, safety valves, control valves etc. and has a consistent performance record. Its current market cap is just Rs.42 cr. while the company is expected to report an EPS of Rs.25 in the current year. Its ROCE is 44% while RONW is 31%. Outlook of the capital goods sector is encouraging. Investors can accumulate this stock for a target price of Rs.175 over the next 6-8 moths.
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Tuesday, March 30, 2010
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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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