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Monday, January 17, 2011

BEST MEDIUM TERM BUY :: Yuken India CMP 270

Yuken India Ltd 522108 accumulate 255-270 SL 250 TARGETS 290 / 310 / 330++ in 1- 3 months

At the CMP of Rs.270, the share is trading at a P/E multiple of 7.1 on FY11 estimated earnings and has the potential to touch Rs.450 mark applying a reasonable P/E ratio of 12. This would translate into a gain of 50% in the medium-to-long-term.

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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.