Tower Talk!
TOWER TALK
* Gujarat Reclaim & Rubber Products has finally decided to dematerialise the equity shares of the company. Scrip is set to witness a vertical rise and hit non-stop circuits. Catch it if you can!
* The sharp fall in crude oil prices will have a positive impact on polyester yarn manufacturers like Garden Silk, Sarla Polyester, Surylata Spinning, JBF Industries, Rajasthan Spg. & Wvg. Mills etc. These scrips may see some action in coming days.
* Winsome Textiles is once again hitting new highs. A group of HNIs is continuously accumulating this scrip from the open market. Scrip can even shoot upto Rs.75 once its Dec.’06 numbers are out.
* A savvy Mumbai operator is betting on Phoenix International. The scrip is tipped to rise multifold in future.
* Some positive news is expected for the hospital sector from the Union Budget. Traders can accumulate Kovai Medical, Indraprastha Medical, Apollo Hospitals for short-term till the budget.
* Vishal Exports Overseas given its wind farms a natural contender for the Carbon Credits and expects to generate at least Rs.3-4 cr. from the Carbon Trading each year.
* Aventis Pharma is being accumulated by shrewd investors amid talk of a possible Bonus.
* Indian Hume Pipes has huge potential in turnkey construction apart from sizeable land assets in various locations in the country.
* Kernex Microsystem has huge orders from the Indian Railways and is exploring orders from SAARC countries.
* Sunil Hitech is a quiet performer in the infrastructure industry. While its present is performance is subdued, there are expectations of good performance in FY08.
* Premier Explosives has bagged a Rs.70 cr. order from ISRO at Sriharikota.
* Marketmen suspect that there is something purposely amiss in the Q3 results of Satyam Computers, which has not stood upto the promise of Infosys or TCS. They expect some big announcement in the near future.
* Panacea Biotec is being bought by 2/3 investment brokers with a price target of Rs.565-600.
* Bharat Electronics could double from its present level of Rs.1300 in about a year given its strong working and future prospects.
* Dabur India, Hind Lever, P&G and Godrej Consumer will post a robust top-line growth in the coming quarter due to a price hike in all their products.
* Tata Elxsi could go the CMC way. God alone knows what’s happening?
* Investors who participated in the buyback offer of Ingersoll Rand must be repenting as the price has almost doubled. What would be worse if the company make a second buy-back offer around Rs.850/900 level!
