Bonus Issues, Stock Splits, Rights Issues, IPO Updates: MOIL IPO Analysis – Invest |
- MOIL IPO Analysis – Invest
- Buy Recommendation – Everest Kanto Cylinder
- Buy Recommendation – State Bank of India (SBI)
Posted: 27 Nov 2010 04:46 PM PST The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Investors could consider applying to the IPO of Indian manganese producer MOIL India, which appears attractively priced given its quality ore reserves, low operating costs and booming domestic market. At the higher end of the offer price band with the retail discount factored in (Rs 356.25), the [...] Read More... |
Buy Recommendation – Everest Kanto Cylinder Posted: 27 Nov 2010 04:44 PM PST The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Investors can consider phased exposure to the stock of Everest Kanto Cylinder, a high pressure cylinder manufacturer. At the current price of 97, the stock trades at 11 times its expected consolidated per share earnings for FY-12. The jump in volume sales in India and in its [...] Read More... |
Buy Recommendation – State Bank of India (SBI) Posted: 27 Nov 2010 04:42 PM PST The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Fresh investments can be considered in the State Bank of India (SBI) stock that, after a 17-per cent correction, provides a good buying opportunity. Being a market leader, SBI may continue to be a major beneficiary of the credit growth which typically picks up during the second [...] Read More... |
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