Pre-Budget Stock Picks: Anagram Research
Anagram Research has come out with a report on Pre Budget Stock Picks.
February 18, 2011 / 20:17 IST
Anagram Research has come out with a report on Pre Budget Stock Picks. The research firm believes the India growth story looks strong and while Index reurns are likely to be moderate, Investors are likely to remain better if they stick to Quality and remain stock specific.
Pre Budget Stock Picks:Reliance Industries: Given the growth prospects ahead and attractive valuations, we expect the stock to give a good upside potential in the near medium termDiamond Power Infra: The company has recently commissioned its transmission towers plant and expects to complete its EHV cables plant in current fiscal. The stock trades at attractive valuations of 4x FY12E.
JB Chemicals & Pharma: The JB stock looks attractive the considering strong cash flows product mix and expansion flows, healthy triggers which are likely to unfold in the near medium term with the stock trading at Rs 117 discounting FY12E 6x by 6x.
IPCA Labs: The stock is currently trading at attractive valuations of 15x and 13x its FY11E and FY12E earnings respectively. We recommend a BUY with a TP of Rs 361 for the near term. Kajaria Ceramics: With strong earnings growth kicking in, and a steady rise in both Topline and bottomline the stock is trading at 8x FY12E which looks attractive from a near term perspective. We have a BUY with a TP of Rs 100.For more stocks picks click on attachmentDisclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management.Moneycontrol.com advises users to check with certified experts before taking any investment decisions. 
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