KALPATARU POWER TRANSMISSION LTD; STOCK CALL

                                                     CMP 107      BSE 16996

• On the upside, resistances at 112 followed by 120 and then 133.
• On the downside, supports at 97 followed by 92 and then a solid one at 89 levels.
• Fundamentally, a good scrip, with the Company being  a leading turnkey player in Power T&D, Infra Assets creation in diverse areas such as Transmission Systems, Roads, Logistics & Warehousing etc with a pan-Indian as well as global presence.
• Financial performance has been a little muted in the last two Quarters but Q3 and Q4 FY2012 are slated to be better. The reversal of the Rate Cycle should take care of the rest with a reasonable time lag but to get the first mover advantage, it would be advisable for long term investors to look at getting in now.

In my opinion, Aggressive portfolios could look to BUY at CMP and dips, for the long term.