|Photo, Courtesy: Flying Calls|
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Monday, June 03, 2013
Buy Eros Media Ltd at Rs.163, T--Rs.177-182, SL--Rs.157. The company is expected to have lot of releases in Q2 and Q3.
Buy IVRCL Ltd at Rs.17.25, T--Rs.23, SL--Rs.16. The company came out with a good set of numbers for the Q4FY13. Buy HDIL at Rs.41, T--Rs.49, SL--Rs.37. The stock has more or less bottomed out and with the company giving good guidance (though a bit cautious), the scrip should do well in the coming days.
Glodyne Tech Ltd, came out with results which are a little better than expectations (no one has expected a profit in Q4FY13). The point is that inspite of writing off a huge bad debt of Rs.126 and making some provisions for a subsidiary its bottomline in Q4FY13 is better sequentially. Hence, I do not think there is much downfall left in the company's share price. CMP: Rs.11.15.