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Houseviews: 3 stocks you can buy in this falling market

Mon, May 14, 2012 at 08:41

| Source: CNBC-TV18
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Jain Irrigation

Brokerage: CLSA

Rating: Buy

Target: Rs 150

Rationale: CLSA has a buy on Jain Irrigation with a target of Rs 150. They are encouraged by the Rs 220 crore sequential fall in debt. They like the management's strategy of prioritizing collections over growth and have upgraded earnings by 6-8% on lower tax rates. 

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