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Saturday 26 January 2013

Some Stock Recommendations for short term

Short Term Stock Recommendation calls:(1 to 3 months)
 
1) Sunil Hi-Tech Engineers (SUNILHITEC) -    CMP-81    Target-120+

Company information:-

Sunil Hi-Tech Engineers (SUNILHITEC) is engaged in the fabrication, erection, testing and commissioning of thermal power plants. It was incorporated as a private limited company on May 29, 1998 and converted into a public limited company on Aug. 18, 2005. 

The company is engaged in the niche segment of fabrication, erection and testing and commissioning of bunkers, ESPs, boilers, TG sets in the power plants, and infrastructure projects including structural steel works. It has to its credit many projects executed varying from 30 MW Parli TPS to 500 MW like Korba super thermal power station (STPS), Chandrapur STPS, Vindhachal STPS, Talcher super thermal power plant (STPP), Rihandh STPP, the 250 MW Suratgarh and 210 MW Khaperkheda among several others projects. 

Several projects bagged in 2007 include structural fabrication and erection works for JSW (Ratnagiri) at the 4 x 300 MW thermal power plant in Jaigarh, Maharashtra valued at Rs 1,117.5 million; supply, fabrication and erection of structural steel at the Parli project-2 valued at Rs 763.64 million and Paras thermal power station valued at Rs 760.83 million for Maharashtra State Power Generation Company; hydro power projects in Himachal Pradesh for Dodson-Lindblom valued at Rs 450 million; structural fabrication erection works at 2x600 MW Hissar Thermal Power Project for Reliance Energy valued at Rs 370 million; structural steel works for RINL Vishakapatnam valued at Rs 253.2 million; and many more. 

The company caters to National Thermal Power Corporation, Bharat Heavy Electricals, Maharashtra State Power Generation Company, Rajasthan Rajya Vidyut Utpadan Nigam, Reliance Energy, TATA Projects, and several others. The registered office is located at Ratnadeep, Jainagar, P.O. Parli-Vaijnath-431520, Beed district, Maharashtra and corporate office at 97, East High Court, Ramdaspeth, Nagpur-440010

2)Bharti Airtel           CMP-359         Target-400+

3) IVRCL Ltd            CMP-34            Target-42+ 

4) Lanco Infratech Ltd.   CMP-12.45   Target-20+ 

5) Suzlon Energy       CMP-21    Targer-25+ 

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