TVS Motor :- (Code :532849) The company has recorded 178.22 % growth in its net profit and 18.66 % growth in its sales for the quarter ended in March. It is highly expected that company may perform very well during the FY 2011 too. A good bet for
investment.
Binani cement :- (Code : 532849) The board meeting of the company is scheduled on 23rd April which is going to decide over the proposal of buy-back. The price of the stock may go up following this positive news.
XL Telecome (Code :- 532788) The company has already initiated the process to collect the fund through FCCBS, ADRS and GSR rout beside through some other securities. The board of directors have given its nod to issue 50 lac warrants to promoters. Market may witness the upward movement in the price.
Manali Petro (Code : 500268) The company has posted the net profit of Rs. 7.76 crore with 89 % growth rate for the quarter ended in March compared to its last year’s recorded net profit. The price may go up following this attractive performance of the company.
Amtek Auto (Code : 520077) The well known institutional investors have evinced their keen interest interest
for this scrip. Some leading mutual funds, too, are buying this scrip. Some counters may be volatile following this news.
Facor Alloys (Code : 532656) According to market circle Laxmi Mittal, the richest NRS and the CMD of the biggest Steel conglomerate Arcelor Mittal, is looking forward to acquire some equity in this Orissa based mining company. Really this positive news can fuel the price of the scrip.
Hanung Toys (Code : 532770) Recently the company has received the order worth 90 million dollars from U.K. based company to export its home furnishing value added products. This factor may raise the growth of value. According to latest reports the company has recently taken over U.K. based company and is all set to enter in the market through its QIP. As a result of these positive news price may further go up.
Universal Starch (Code : 524408) The company has posted the net profit of Rs. 1.41 crore for the quarter ended in March against its last year’s loss of Rs. 0.97 crore. Market may witness some fancy following this turnaround position.
Related posts: