TARA JEWELS:
- BUY at cmp 229
- Keep a stop loss at 210 closing
- A target of about 300 in 3 months or less. The Company should do an EPS of about 35-36 in FY 13. Available currently at 6.5x FY13E. Slated to grow at 20% annually. Merits a BUY currently, notwithstanding the LC today. For slightly longer term investors better to buy now as it is currently in T group, hence lesser trading froth. And, though not strictly comparable, remember how tepid TBZs debut was but it simply zoomed later.
PARSVANATH DEVELOPERS:
- BUY at cmp 41
- Keep a stop loss at 35 closing basis.
- First target 52 and then 58.
- Time to target 1, hopefully less than a month. 3-6 month target 61
Is it another TBZ in making? How good is the promoter n any USP of the company.
ReplyDeleteWas any grey market operator trapped in Tara n was that the intent as grey mkt premium increased to 20 . What happened ? Any views?
Hi Vivek, the LCs in the last two sessions are indeed puzzling. However be that as it may, the scrip should do well going ahead. Hopefully its passage out of T2T soon will also help. Fundamentally, the Scrip looks good, though I daresay I am not privy to any particular information other than what can be culled from their website / balance sheet/ Analysts recommendations. Hoping for the best.
ReplyDelete25 lacs share were taken as delivery in last 2 days out of 78 lacs public issue. Augean hands are getting out . Shares shud rise
ReplyDelete