BUY KNR Construnctions at CMP 67 for a SHORT TERM Target of 72 & 80 (Sl) 57
" KNR Constructions is an infrastructure development company providing engineering, procurement and construction for roads & highways, irrigation and urban water infrastructure management. Its project break up is over 88% for road transportation engineering projects while remaining 12% is of irrigation and water supply and urban water infrastructure management.
The company has posted good FY09 results with total income at Rs. 648 crores (after deducting share in JV projects, of JV partners, of Rs. 121 crores)against Rs. 476 crores of FY 08, while PAT is placed at Rs. 43.65 crores resulting in an EPS of Rs. 15.52 against Rs. 13.83 crores of FY08. "
HDFC BANK (BUY) 1380-1385 (Target1)1410 (Target2) 1445(Sl)1360
"Watch Out Spike In Hdfc Bank And Pfc Stock After Announcements Of Results."
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Tuesday, July 14, 2009
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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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