Two stocks in which I am interested are
1. PBA Infra CMP 130.
2. Sunil Hitech. CMP 110.
PBA has order book for around 900 Crs and is mainly into road projects. Road projects are dependent on govt. spending and govt. spending should not slow down even in case of recession. Ultimately we have to become a developed economy and infrastructure holds the key.
Target for PBA is 180 plus.
Sunil Hitech’s result in past two quarter has not been great but going by this statement of their’s http://www.moneycontrol.com/india/news/business/sunilhitechrashtriyaispat/ordersworthrs200250crpipelinesunilhitech/market/stocks/article/248969
(eps of around 9-10 in FY07) a target of 150 plus is achievable in next 6 months.
1 comment:
Hey Badrish,
Good to see you back.
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