Tuesday, February 9, 2010

Stocks you can choose to add in your portfolio

Dear Kundapur Govardhana Kini,

Given the Quarterly Results season in swing and India Inc expected to continue with Stellar performance,  we bring to you few stocks you could look at adding to your portfolio. (Click here for our earning season preview, in case you missed it).

This is based on detailed fundamental analysis of stocks which our Research finds as "Strong Buy and Buy " recommendations.

 
Stock Name Stock
Code
RCP*
(Rs.)
Target
Price (Rs.)
Potential
Upside
Rating

  Royal Orchid

ROYORC 72/- 105/- 46%

Strong Buy

  Oriental Bank of Commerce

ORIBAN 265/- 345/- 30%

Strong Buy

  Piramal Healthcare

NICPIR 361/- 458/- 27%

Strong Buy

  Mercator Lines

MERLIN 60/- 74/- 23%

Strong Buy

  GVK Power & Infra

GVKPOW 45/- 54/- 20%

Strong Buy

  HCL Technologies

HCLTEC 350/- 399/- 14%

Buy

  Union Bank of India

UNIBAN 255/- 290/- 14%

Buy

  Taj GVK Hotels

TAJGVK 148/- 166/- 12%

Buy

* Recommended Price
 
 
What do the above ratings imply?
 
Strong Buy : Expected return of 20% or more Buy : Expected return of 10% to 20%
Add : Expected return of upto 10% Reduce : Expected return of upto -10%

Sell : Expected return of -10% or more

 

Example: Raj has two stocks A & B. Stock A is recommended as a Strong Buy and stock B as a Sell. In this case, Raj may want to exit B since, it is likely to underperform and invest his money in stock A for better returns.

 

To know more about our research recommendations and updates, please log on to ICICIdirect.com and visit the 'Research' Page.

 
 
Regards,

ICICIdirect.com
  To unsubscribe, please click here.

Disclaimer

 

 

No comments:

Post a Comment