Diwali Dhamaka 2010: 11 attractive stock ideas!
The festival of lights is here again and the Sensex is slowly cruising above the 20,000 levels. The big question now is are we at the end of a good run or just in the midst of a mega bull market. Liquidity is here to stay and we expect net inflows in excess of US$35bn by FIIs and DIIs combined in FY11. The global recovery will be a gradual one but Indian equities will remain buoyant at least in the medium term.
Our Diwali bonanza for investors this year comprises a judicial mix of 11 stocks which cover large caps and mid-caps from a wide range of sectors. We are not advocating any single theme but our chosen picks will avoid a situation where gains are limited due to underperformance of large caps or midcaps.
Stock table
Sr No | Company | Sector | Reco price (Rs) | Target price (Rs) | Exp Returns (%)* |
1 | BGR Energy | Capital Goods | 798 | 920 | 15.0 |
2 | Dr. Reddy's | Pharmaceuticals | 1,695 | 1,900 | 13.4 |
3 | Mahindra & Mahindra | Automobiles | 760 | 835 | 9.9 |
4 | OnMobile Global | Telecom | 326 | 391 | 19.9 |
5 | Petronet LNG | Oil & Gas | 119 | 140 | 17.6 |
6 | Radico Khaitan | Breweries | 179 | 210 | 17.3 |
7 | Rural Electrification Corp | NBFC | 371 | 418 | 12.7 |
8 | Reliance Industries | Oil & Gas | 1,065 | 1,176 | 10.4 |
9 | Shoppers Stop | Retail | 697 | 836 | 19.9 |
10 | United Phosphorus | Agro Chemical | 208 | 238 | 14.4 |
11 | Unity Infraprojects | Infrastructure | 103 | 130 | 26.6 |
* Returns expected over 3-6 months horizon
We admit you require more than just knowledge to prosper – The Blessings of the Goddess of Wealth.
May the Goddess shower her choicest blessings upon you and your loved ones.
Happy Diwali and Happy Investing!
http://content.indiainfoline.com/wc/research/researchreports/Diwali_Dhamaka_2010.pdf
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