Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Buy Recommendation – Punjab National Bank |
| Buy Recommendation – Punjab National Bank Posted: 03 Apr 2011 04:16 PM PDT The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Investors with a two/three-year investment horizon can buy the stock of Punjab National Bank. At the current market price of Rs 1,180, the stock trades at 1.5 times estimated FY12 adjusted book value and 6.8 times the estimated FY12 earnings. This is at a premium to most [...] Read More...
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| Technica Buy Calls – BL Kashyap and Sons Posted: 03 Apr 2011 04:14 PM PDT The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Investors with medium-term perspective can consider buying the stock of construction contractor BL Kashyap and Sons (Rs 24.6). The stock had reversed from its significant long-term resistance level of Rs 50 in October and December 2009, making this level a major hurdle. Moreover, in September 2010, the [...] Read More...
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