Buy Shipping Corporation of India at Rs 67.1-68.8, Stop loss at Rs 66.4, Target at Rs 71.1-75.2

Buy Sintex Industries at Rs 92.1-95.5, Stop loss at Rs 89.5, Target at Rs 101.4-110.7

Buy Pantaloon Retail at Rs 175.10, Stop loss at Rs 172, Target at Rs 181

Buy BEML at Rs 548.20, Stop loss at Rs 544, Target at Rs 556

Related posts:

1. Free Trading Tips – 12 Jan 2012
2. Free Intraday Tips – 5 Jan 2012
3. Free Day Trading Tips – 29 March 2011

Buy ABB at Rs 628.8-635.4, Stop loss at Rs 624, Target at Rs 646.8-664.8

Buy SAIL (Steel Authority of India) at Rs 89.2-90.7, Stop loss at Rs 88.4, Target at Rs 93.1-96.9

Related posts:

1. Free Intraday Tips – 5 Jan 2012
2. Free Day Trading Stock Tips – 09 March 2010
3. Free Day Trading Tips – 29 March 2011

Buy Tata Motors at Rs 195-198.5, Stop loss at Rs 193.1, Target at Rs 203.9-212.8

Buy ONGC at Rs 262.5-265.1, Stop loss at Rs 261.6, Target at Rs 268.6-274.7

Related posts:

1. Free Trading Tips – 12 Jan 2012
2. Free Day Trading Tips – 06 Feb 2012
3. Free Day Trading Tips – 29 March 2011

Binani Industries (Rs. 117) (Code : 500059)

Target Price = Rs.182 ; Time Frame = 6months ;

Market Cap = 347 crores ; Shares O/S. = 2,95,96,425

Debt/Equity Ratio = 0.52 : 1 ; 52 week High/Low = 143/47

Face Value = Rs.10 ; B.V. = Rs. 68 ; P/E = 1.9 ; P/B: 1.7

The Braj Binani Group is a well-diversified industrial house with a 136-year history behind it. Today, the group is actively working in the core sectors of Cement, Zinc, Glass Fibre and Downstream Composite Products.

Binani Industries Ltd. is essentially a holding & investment company and currently holds strategic stake in listed entity Binani Cements and various unlisted entities like Binani  Zinc, Goa Glass Fibre and BT Composites. While calculating NAV of BIL we have valued

Binani Cements at Market Value and all unlisted companies like Binani zinc, Goa Glass Fibre and BT Composites at historical price as they are still unlisted. Still at CMP of Rs.117, the stock is available at 68% discount to its NAV which seems to  be quite attractive. Also at this price its dividend yield is 2.54%. At the current price of Rs.117, the stock is trading at 1.7x FY11E earnings. Return for investors in these companies can be two fold driven by appreciation of its investments and decrease in discount. Holding company generally trades at  discount but here what we believe is that BIL is trading at a discount much higher than its historical average of 50%. We expect the discount to decrease and move towards its historical average of 50% as investors would flock towards buying these undervalued companies, keeping in mind sharp recovery in the stock market and improved sentiments. We recommend BUY with a price target of Rs.182 (50% of Current NAV per share) given the company’s holdings in subsidiaries and future growth potential.

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1. Geodesic – Analyst Corner
2. Analyst Corner – Stock Tips
3. Shree Rajasthan Syntex Ltd – Analyst Corner

BSECode 531816

This IT software company has announced 50% interim dividend along with liberal bonus in the ratio of 5 shares for every 1 share held. For 09-10 (on stand alone basis) the company reported total turnover of Rs.51.70 crore with a net profit of Rs.20.15 crore against turnover of Rs.45.41 crore with a net profit of Rs.19.04 crore for corresponding previous year. The company has done major acquisition in hospitality subsidiary and is thus going for hospitality business as well. Scrip is worth adding in one’s portfolio at every decline. It is hovering around Rs. 266.75 against 52 week high/low of Rs. 350/200, FV Rs. 5.

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1. Accumulate Bartronics India, target of Rs 75
2. KEC International – Multibagger
3. Binani Industries – Analyst Corner

Sharekhan has downgraded its rating on Reliance Industries to hold with a price target of  Rs 1,816 in its April 15, 2009 research report.

“With the commencement of gas production from the Krishna Godavari (KG) D-6 block, Reliance Industries Ltd (RIL) will now start monetising its investment in the exploration business. In spite of further capital expenditure (development of the KG D-6 block) over the next few years, the upstream business would generate significant free cashflows in the coming years.”

“We are rolling over the price target to the average of the FY2010 and FY2011 earnings. Consequently, we are revising upwards our price target for RIL to Rs 1,816 per share. In the last three months, the price of RIL stock has increased by 50%, outperforming the BSE-30 Sensitive Index, which has moved up by 21% during the same period. We are downgrading the stock to Hold rating. As the market price is close to our price target we recommend partial booking of profits (and waiting for a better entry point). Moreover, the recent weakness in refining margins and the stronger than expected rupee are the key risks to our earnings estimates and valuations,” says Sharekhan’s research report.

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2. Hold Grasim Industries, target of Rs 1660: Sharekhan
3. Hold ONGC, target of Rs 765: Reliance Money