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Sunday, April 19, 2009

Stocks For Week Ahead:

* Bajaj Electricals (Rs.213.65) : The stock looks attractive as its book value is around Rs.94 while expected EPS for FY09 is likely to be around Rs.45. At current levels, even a dividend yield too is attractive as the company had paid 8% dividend last year. Investors can accumulate this stock on dips for good long-term growth.

* IFGL Refractories (Rs.21.60) has reacted from a 52-week high of Rs.64 to the current level of Rs.21 looks attractive as its book value is around Rs.21. It paid a dividend of 20% last year while the promoter holding is 71.30%. The company is engaged in the manufacture of specialised refractories and requisite Operating Systems for the steel industry.

* Kirlosker Eletric (Rs.31) and Sujana Towers (Rs.18), both these stocks are at very low levels compared to their highs and can give returns of 100% in the next 6 months.

* As per market reports, EID Parry (Rs.173.60) is being accumulated by knowledgeable investors on expectations of some positive developments.

* Positive reports on Nirlon (Rs.27.50) are pouring in about its future outlook. Investors can accumulate on dips around Rs.22/23 level.

* Ashiana Housing (Rs.39) remained firm last week and may move up once it closes above Rs.41 level decisively. It is a zero debt company and its market cap is very low.

* Investors looking for gains with some risk can look at Camson Biotech (Rs.27.65) on dips to around Rs.22/23 level.Justify Full

source: Sokhitips

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