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August 9, 2017 at 12:13 pm #4549
NMDC Rs. 127 ( suggested on 09 August 2017)
NMDC a Government PSU is expected to get benefit of bullish trade cycle of Steel industry.The price of Iron Ore is expected to show uptick and will increase profits of this company.One may buy this rocksolid PSU at current rate for 2 months angle.
Target Rs. 141 Stop loss Rs. 123
Next update will be given on Wednesday ( 16 august 2017)
The forum members are invited to give your comments and observations related to Small cap Sweeties, identified by them .
West Coat Papers Rs. 207 ( on 02 August 2017)
WestCosst Paper is Bangur Group company and manufactures quality paper. The company has strong balancesheet and profitability record.It has very small equity of Rs. 13.21 crores. On sales of Rs. 1762 crores, the company earned net profit of Rs. 128.50 crores. The company earned EPS of Rs. 19.50 in 2016-17. In the current year, strong uptrend is expected in the profitability. I expect EPS of Rs. 22 in 2017-18. The scrip shows PE ratio of 9.40, which is quite reasonable for a Bangur Group company.
Target Rs. 228 Stop loss Rs. 202
Pratibha Industries Rs. 10.20 ( on 01 August 2017)
The scrip was showing downtrend since last many sessions and now it has started uptrend. The company in construction and infrastructure sector has incurred loss of Rs. 823 crores on total income of Rs. 1060 crores. The scrip has book value of Rs. 16 ( FV Rs. 2). The sector in which this company operates is expected to show revival in the coming months.
Target Rs. 11.23 Stop loss Rs. 9.47