VST TILLAR :- stock has touched new high of 353, investors can think of booking profit at every higher levels . switch part of the same in to polyplex, where valuations are attractive
Jayaswal Neco :- .the Company as an Integrated Steel Plant is equipped with all the facilities for converting the
basic raw material Iron Ore into Iron and Steel Rolled Products for different applications. company has captive coal
mines . In view of encouraging outlook for the steel sector, company is expected to report encouraging results in future . Investors can keep watch to accumulate this stock on dips below 45 levels for long term target of 75.
Sun Flag Iron & Steel Co. Ltd. :- Performance of company has shown good improvement over last three qtrs & it is expected to do well, promoter holding has gone up by 8.8 5 % over last two years through market purchase. Based on working of 1st nine months full year eps is expected to be around 6 as 4rth qtr is expected to much better. Investors can keep watch on this stock for accumulation on dips for target price of 60 over next 6 months time .
Century Textile is expected to report good results, investors can continue to hold thsi stock for target price of 700.
Century Enka full year eps likely to be around 50/52 , stock trading at p/ e mutliple of 6 . it has good potential for upside.
KCP LTD , since there is good improvement is cement & capital good business, outlook of company is encouraging. investors can continue to hold this stock for target price of 500.
Supreme industry :- Results are encouraging, investors can stay invested for target of 600. Sharyans resources , though the stock has not given upmove, but investors having patience can accumulate for good long term growth.
Shilpa Medical, which was advised at lower levels of 165, investors can book profit & switch to stride arcolab,
Sarda energy, is another good steel sector stock having own mines of coal & iron ore. investors can keep watch on this stock for buying below 240 levels.
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