Today's Recommendations:

Samkrg Piston & Rings Ltd:

CMP--->Rs.84.9

It is an automotive components manufacturing company. SAMKRG manufactures and markets a wide array of engineered Pistons, Piston Pins, Piston Rings & Circlips for the automotive markets. The company has grown in strong markets and maintained profitability in economic downturns making its business units better leaders in their niche markets.Pistons: SAMKRG is a recognized industry expert in piston technology, piston design, and piston production combined with know-how & experience gained from the production of over more than 5 million pistons. Pistons are available with various diameters ranging from 35 mm to 120 mm for combustion engines of all types and sizes with complicated crown shapes used in the automotive markets.Rings: SAMKRG manufacturers both cast iron and steel rings to suit the requirements of the automotive markets. Cast iron rings are in the diameter range of 35mm to 120mm and steel rings as per DIN/JIS standards in the diameter range of 35mm to 120mm with a axial width from 0.8mm to 3mm.The rings are manufactured to very close tolerances and have features such as high material strength, special ring face contours and torsion designs incorporated to ensure optimum in both compression sealing and oil control. SAMKRG rings can withstand the pounding and heat so that the metal bends without breaking and therefore can withstand detonation in high load engines.Pins: SAMKRG pins are manufactured with latest technology and finest of world machinery followed by international specification for manufacturing. Pins are made in various alloy steels, heat treated and super finished in the range of 10mm to 40mm dia and 30mm to 120mm long. Our design takes into account, strength, reliability and lightweight with an excellent surface finish.Pins are made of appropriate case hardened steel having outer surface hardened, tempered and polished and super finished with sufficient case depth to bear more wear and tear. Geometrical accuracies as per OEM's standard are maintained to ensure no problem during fitting and runningCompany is located at Hyderabad in central part of India and there are three manufacturing units, Two for Piston & Pins and One unit for Piston Rings strategically located close to Air and Sea ports.IT'S CLIENTS LIST CONSISTS OF WHOSE WHO OF CORPORATE WORDL:Indian Clients:Bajaj Auto Ltd, TVS Suzuki Ltd, Birla Yamaha Ltd, Greaves Ltd, Kinetic Motor Ltd, Bajaj Tempo Ltd( Force Motors Ltd), LML Ltd, Kirloskar Oil Engines Ltd, etc.Overseas Client List: Toto Piston, Japan, MAHLE - ACL Piston Products - Australia, Tecumseh,Europe, Briggs andStratton - USA, Derbi NacionalMotor S.A. - Spain etc.From conceptual development of a single component part through detail drawings of the complete system, it can provide specific manufacturing solutions for OEMs and suppliers.This quarter the company came out with excellent results. The net profit for the company jumped to Rs.9.45 Cr( Rs.2.02 Cr) on an equity capital of only 9.62 Cr. The EPS of the company for the June quarter is a whopping Rs.7, which is more than EPS for the whole of FY-05-06. The rise in net profit is mainly due to forex earnings / exports. Investments made by the company in previous year for Global growth of Exports now yielding partial results during the Quarters and will continue to show improved profits. I had recommended this stock also earlier. Those who are holding it at higher price can go for averaging.The stock is expected to rocket past Rs.100 in no time, so do not sell a single share and keep on accumulating on every dips. Of course use a stop loss of Rs.75.

Garnet Construction Ltd:

CMP-->Rs.44.5

The company was recommended some days. The stock having one of the best fundamentals in the construction sector. The company is expected to do very well in the days to come. The Lonavala Project, of estimated Rs.25 to Rs.30 Cr value is almost a complete sellout. The plots and the bunglows have been sold to NRIs (fetching good returns) and to the domestic clients. The company has started the huge project on 250 acres of land in Khopoli and is expected to be complete within some months. The company is scouting for buying a piece land near Meera Road(a suburb in Bombay). According to sources close to me the company is aggressively pursuing the Meera Road Project. If that project comes through, then the company will cross Rs.150 in no time.

The company came out with excellent set of numbers in June, FY-2006-07 quarter. The Net Profit Zoomed 5033.33 % to Rs.1.54 in comparison to the same quarter previous year. The Net Sales jumped by 4950% to Rs.6.06 in comparison to the same quarter previous year. The company is on a super growth trajectory and is expected to speed past Rs.50 levels within a short time. The Expected EPS for the company for FY-06-07 is around Rs.8 to Rs.9 which can comfortably take the stock to above Rs.120 levels within 18 to 24 months time.

The two hidden stocks for today are:

1.S.....F....

2. L........L......

Best wishes,

Suman Mukherjee

India.

http://finance.groups.yahoo.com/group/SumanSpeaks/ Please remember one thing, the land is scarce as more than two thirds of the earth is water and the rest is land. Since the population and rapid industralisation is taking place hence the land value is increasing in astronomical proportions. Yesterday I was talking with one of the Directors of Real Estate Company( unlisted) near Noida and what he said was mind boggling. He said in Delhi's neighbourhood Noida, land prices have moved from around Rs.25lakh to Rs.30 an acre to more than Rs.1 Cr per acre. In Gurgaon it is up from Rs.70- Rs.80 lakh to around Rs.1 to 1.25 Cr. He further said the land prices are no different in South India also. The rates in Chennai which were around Rs.5 Cr- 6 Cr are now fetching more than Rs.15 Cr. This is mainly due to the formation of SEZs all around India, which is knocking off all the previous records of land price hike. According to some estimates, the news of more and more SEZ's coming up is rocketing land price up by more than 50% to 100% in the last 6 months. So http://www.equitymasters.com contention that real estate companies cannot grow at 100% per annum is just an eye-wash and if we read between the lines, it comes to be different.........Send me personal letters, I will explain why...