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Monday, June 28, 2010

SOKHI PICK of the WEEK : Surya Pharmaceuticals Ltd CMP 183

BUY Surya Pharmaceuticals Ltd 181-184 (SL) 174 (Targets) 188 / 190 / 192
For FY10, its sales increased by 55% to Rs.1130 cr. while PAT increased by 35% to Rs.75 cr. posting an EPS of Rs.52 on its equity of Rs.14.50 cr. Although the company has a high debt:equity ratio and high interest cost, the stock can still appreciate 50% from the current level. Buy at dips.

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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.