Today's Call
1. Buy Lanco Infratech Ltd at Rs.4.20, for a
target of Rs.5.50. The company has taken a comprehensive plan to reduce its debts. A hold of couple of months can give you good returns as the company is likely to selling its power assets worth $1 billion. A consortium of lenders earlier decided to take control of Lanco Infratech by converting a part of the cash-strapped company's debt for a 60 per cent equity stake...
2. MBL Infrastructure hit another buyer freeze today at Rs.13.75 in the BSE. You can book some profits, today or tomorrow.
target of Rs.5.50. The company has taken a comprehensive plan to reduce its debts. A hold of couple of months can give you good returns as the company is likely to selling its power assets worth $1 billion. A consortium of lenders earlier decided to take control of Lanco Infratech by converting a part of the cash-strapped company's debt for a 60 per cent equity stake...
2. MBL Infrastructure hit another buyer freeze today at Rs.13.75 in the BSE. You can book some profits, today or tomorrow.
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