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Chat Transcript

18 Feb 2013 - 16:00hrs hrs

Sunil Jain | VP-Equity Research-Retail

 

How are the markets looking?

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tejas bhatt: Sir what`s the broad NIFTY range you are working with? Should investors utilize this correction as an entry point? Thank you!
Sunil Jain: I feel till budgest Nifty will be in the range of 5850 to 5970. Lot more depends on the out come of budgest. I will prefer to wait I feel market can still correct more.
pnjkrishnan: Sir Your short term view on HEXAWARE & COMMERCIAL ENGINEERING. one can buy at CMP, please advise
Sunil Jain: Hexaware looks attractive at current level and can be purchased. The valuation are attractive 6.5 times FY14 EPS. Company also pay very attractive dividend. The overall out look for IT sector is also positive.
mani5556: Sir, Invested in Praj Industries and Unity Infra, How do you see the movement on a traders perspective for short time?
Sunil Jain: For short term and for long term Praj looks attractive at current price and can be accumulated, Where as I feel you should avoid Unity infra.
vishaljain002: Sir, I am holding 1000 shares of Somany Ceramics purchased at the rate of Rs 105/-per share. The scrip has now fallen to Rs 75/- levels. Please advice regarding the target and timeframe. I am willing to hold this stock for the long term. Thanks.
Sunil Jain: Jaiprakash Associated is stragling with high loans. and looking to reduce it by selling some assets. May be cement plant of Road project. If that happen then the stock will revive. I feel you can continue to hold the stock.
arungaggar: I am interested in Indian Hotels and would like to hold for 2-3 years. At what levels I should buy the scrip.
Sunil Jain: I feel for 2-3 year view you can start accumulating at current price itself. Indian Hotel is stragling on account of poor Hotel industry environment both in Indian and developed nation lin US and UK where it has its properties. Once the Industry revive company can give handsome return. But the revival is bit away and you might have to hold on even more then 2-3 year. So accumulate gradually rather than at a stretch.
tejassmehta1981: sir, u has suggested philips carbon as a multibagger at 95 with tgt of 150....what shld one do at CMP of 79
Sunil Jain: The Q3 result has already shown some sign of improvement. Global and Indian Auto Industry is passing through difficult period but revive may be in H2 3013. At Rs.79 The Market Cap of company is Rs.Rs.270cr and the revenue is Rs.2500cr. For turn around stock one need to give some time. I feel you can hold the stock and even add some more quantity here.
monikdharamshi: DEAR SUNIL, COULD YOU SUGGEST SOME COMPUNDERS... EG. HDFC, HDFC BANK ETC..IN SMALL OR MIDCAP..WHERE YOU SEE VALUE & MOAT...WITH A 3 YEAR HORIZON..
Sunil Jain: I feel Alembic Pharma can give good compunded return in next 3 year. i will not be in the series of HDFC and HDFC Bank which has compunded wealth over many year of invester but for 2-3 year I feel alembic Pharma is good investment.
badal1981: sir, i have jindal steel & power 60 share @472/- what i do?
Sunil Jain: I feel you can swithover to Hindalco which I feel can revive faster
savishindu: How do you see lanco infratech.I hold 75000 at 13.10
Sunil Jain: Lanco Infratech look weak. I feel you should put a stoploss of Rs.11.00
sudha22: Jet Airways and United Spirits - should one hold on for what time frame?
Sunil Jain: I feel On should book profit in Jet Airway on any bounce back. and for United spirit i feel You cna hold on.
tejassmehta1981: should one go long on bata at these levels?
Sunil Jain: Still Bit costly and trading at 22.5 PE for CY 13 earning. May be another 5-7% decline from current level will make Bata India an attractive Investment.
Sunil Jain: Thanks.
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