Keep Buying good Mid and Small cap couters:
Today the market is behaving according to my morning letter. The interest rate increase in China is just a temporary affair and its effects will fizzle out within a short time.So go on investing in good stocks and hold them for a while. YES THE INEVITABLE AT LAST HAPPENED==> RANA SUGARS LTD RECOMMENDED AT Rs.25.5, HITS THE CIRCUITS TODAY AT Rs.30.20….THOSE WHO ARE HOLDING KEEP HOLDING TODAY AND SELL SOM E OF THE STOCKS ON TOMORROW IF IT FAILS TO CONQUER Rs.32.…..TIPS INDUSTRIES ROSE MORE THAN 13% IN THE MORNING HOURS. Helios & Matheson Information Technology Ltd is also up and so is California Software Company Ltd. and Monnet Ispat and Power Ltd and Chandra Prabhu International Ltd. Today’s hot pick:
1 .Garnet Construction Comapny Ltd: At the current market price of Rs.43.85.
Do not look at the overall Construction busket and the dampening article on it by www.equitymaster.com.
Dont look at Mahendra Gesco or Unitech which are ruling at astronomical P/Es..look at some good construction story. Era Construction at this price also looks good but no comparison with Garnet construction. The bunglow project in Lonavala is going on superbly with almost complete buyout....for another project near Bombay the work has started. The comany is scouting for another project in the suburbs of Bombay. What a company to invest....!!!
Close ur eyes and invest in this company for some wonderful gains within 6 to 7 months time.It has one of the lowest P/E in this sector of Rs.10.2--could u imagine a construction company available at this P/E???!!!!
/E Ratios of some of the major construction/engineering companies: 1.Unitech Ltd---->406.00 2. Mahindra Gesco---> 209.0 3. Gammon India--->27 4. IVRCL Infrastructure-->26.4 5. Simplex Construction-->26.1 6. Nagarjuna COnstruction-->24.1 7. Patel Engineering---------> 23.6 8. Madhucon Projects--->22.0 9. Hindustan Construction---> 19.3 9. Garnet Construction--->10.7 at Rs.44.3. Hence it has a chance of 100% appreciation from this price within a short time.
2. ......WILL BE GIVE SOON.
Note: Since I have removed Google Ads due to thier low gains and also due to their highhandedness hence Google always keeps troubling this site. So please bear with me unless I shift to other sites(blogs) or until Google changes their behaviour.

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