Today's recommendations:
After the success of Yesterday's Call on Sanjeevani Parenterals Ltd at Rs.33, many people have pressed for a free call. The problem is that everyday it is not possible to give calls, besides one has to make money from it, and information does not come always. It is useless to give calls everyday, if the net income from the calls is negative..!!
Considering their case and taking note of all their wishes, I am recommending KEI Industries Ltd (BSE code-->517569) at the Current Price of Rs.79. The company is into the manufacture of electrical cables and has been one of the largest suppliers of cables to department of telecommunication (DoT), government of India. It hasestablished its position in the core sector projects in India and plant locations in New Delhi, Alwara and Rakholi. Its product range includes control cables, LT power cables, instrumentation cables, telecom cables and house wires cables. Its customer base consists of BHEL, Siemens,ABB, Alstom, L&T, BPCL, ONGC, GAIL, IOCL, Tata Chemicals, ACC, Gujarat Ambuja, Tata Steel and SAIL etc. Company is converting the JFTC plant into a facility for production of power,control and instrumentation cables. The company has also decided to expand its product range to high-tension power cables and it has lot of projects in hand. The company technically looks good for investment at this price. More detaila later on www.sumanspeaksplus.blogspot.com.
Keep adding Premier Explosives Ltd (as the company is expected to come up with bumper results for the FY--06-07 and also for Q4 FY--2006-07. For details please visit: http://www.bcozindia.com/SumanMukherjee.asp) & Southern Online Bio Technologies Ltd(The company could start commercial production soon besides it is also expecting to get a big order from Andhra Pradesh State Transportation Corporation Ltd, which is expected to absorb 70% of its its produce and there will be hardly any inventory built up) at the current prices. Also Kernex Microsystem Ltd is looking very good at the current price of Rs.146--Rs.147 range. This is a great stock in the engineering space....Please, avoid Tetedata Informatics Ltd and all software counters, as appreciating rupee will have a negative effect on their balance sheets, specially those which derives substantial parts of their revenues from exports.
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