Western India Shipyard today touched Rs.3.11 and is now trading at around Rs.3.06 on budget expectations for the shipping sector. The scrip has already given more than 50% returns in just 3 days.
GRM Infrastructure Ltd recommended yesterday at around Rs.18, today touched Rs.19.35, up more than 6%. The infrastructure stocks are in focus before the budget, tomorrow.
Sudar Industries Ltd recommended yesterday at around Rs.25.50-26, today hit the Upper Circuits at Rs.30.75. The fundamentsl of the company is good but the problem with Sudar Industries Ltd is that: more than 90% of the shares of the promoters are pledged and hence it makes this counter a high-risk-high-gain one. Therefore you should weigh your risk taking options before buying this scrip. The stock already near my first target of Rs.32.
High risk taking investors can buy in bulk Genera Agri Crop Ltd (BSE Code: 590133) at the CMP of Rs.4.59 for a target above Rs.10...........
The government could be coming up with some measures to support the domestic Steel (and Sponge Iron, Ferro-alloys, etc) sector. Hence do not forget to buy the shares of Rohit Ferro Tech Ltd (Rs.8.65) before the budget. In any case it will reach Rs.12. Hence this is a sure shot counter like Jaypee Infratech Ltd (Rs.20.30).
My recommended Rolta Ltd today made a new 52-week of Rs.177.40 during the intra-day trade. The scrip is expected to cross Rs.200, after they secured such a massive order. It is to be noted that the consortium of the company and Bharat Electronics has secured a Rs.500 bln battlefield management system project from the defence ministry.