Well... I recall giving tip for punj lloyd as investment opportunity when it was battered down from 250 to around 165... Would be couple of months back...
I have bought some punj lloyd today. Have booked some partial profit in relpow and suzlon..
Punj lloyd has good order book and has recently won good contracts. I am expecting it to continue good momentum going forward too...
A good stock to keep in portfolio.. Even reliance power is good stock...
Tuesday, April 6, 2010
Thursday, April 1, 2010
Bharat Forge
Recently I bought some shares of Bharat Forge. It was in auto ancillary segment earlier. Now it has made foray into making engineering equipment for power plants/generation. It's current PE is 44 which makes a bit pricy and over valued. However on a long term basis due to its diversification it can be a multi bagger in years to come.
I recommend it as buy on dips for a long term horizon of 3 to 4 years. With power related infrastructure to be the next boom in India this decade (along with health care) it is worth taking the risk.
I expect the share to provide 100% return on the CMP of 255Rs.
Also recommended for reading is the intelligent investor book by Benjamin Graham. One of my friend Shashi recommended it to me. You can buy it from amazon directly if interested. I have given the link.
I recommend it as buy on dips for a long term horizon of 3 to 4 years. With power related infrastructure to be the next boom in India this decade (along with health care) it is worth taking the risk.
I expect the share to provide 100% return on the CMP of 255Rs.
Also recommended for reading is the intelligent investor book by Benjamin Graham. One of my friend Shashi recommended it to me. You can buy it from amazon directly if interested. I have given the link.
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