Today's was the day of Sugar & Steel sector and Apollo Tyres.
Renuka Sugars & Dwarikesh Sugar made super gains.All sugar stocks were in green on the decontrol news. They can still go up tomorrow.
Steel sector was up on the back of price rise.
Suzlon raced around 10% up on news of stake buys by RIL.
Stocks to watch out for :
Escorts : railway division expecting govt order. high sales of tractors.Reduced debt from 880 Cr to 400 Cr.
Buy on any dip.
IIFL has a target of 230 on it. (CMP 200.15)
Unitec : NCR margins dropping.
No clarity on demerger plans.(real estate & non core projects)
Telecomm expansion delayed.
Action Const Equipments : very good Q1 results.Cranes give 70% revenue.
Going to double their cranes numbers.(CMP 69.35)
Mkt Cap : 623 cr. P/E : 21.53
Apollo Tyres has rose considerably today (CMP 82.35, +8.6, +11.6%) and is expected to go higher. Long term target is 100-110. My guess for tomorrow is that it should fall to the levels of 79-80 by the end of the day... also because its a friday.
No comments:
Post a Comment