According to Anuj Jain, Director â€“ Equities at IIFL Private Wealth Management, one can buy Gateway Distriparks on dips.
Brokerage house Firstcall Research is bullish on Gateway Distriparks and has recommended buy rating on the stock with a target price of Rs 370 in its research report dated December 16, 2014.
On December 17, 2014 KSP Logistics Ltd sold 36,75,000 shares of Gateway Distriparks at Rs 335.01.
Kunj Bansal - CIO & ED at Centrum Wealth Management is of the view that one may prefer Bajaj Finance and Gateway Distriparks.
Ajay Srivastava is bullish on cement, tyre, IT and pharma space. Among stocks, Srivastava likes JK Lakshmi, Shree cement, Sun Pharma, Lupin, Tech Mahindra, Infosys and Oracle.
Kunj Bansal of Centrum Wealth Management is of the view that one may prefer Gateway Distriparks.
Sharekhan is bullish on Gateway Distriparks and has recommended buy rating on the stock with a target of Rs 340 in its October 31, 2014 research report.
In an interview with CNBC-TV18‘s Ekta Batra, Sachin Bhanushali, President - Gateway Rail Freight, said the company‘s robust performance in the second quarter looked maintainable in the next two quarters.
The company‘s net sales were also up by 16 percent at Rs 291.2 crore versus Rs 250 crore, Y-o-Y.
In an interview to CNBC-TV18, alpha manager Vetri Subramaniam, Chief Investment Officer, Religare Invesco Mutual Fund, says he has been seeing a mild recovery in the economic growth, but feels the government needs to now focus on policy implementation.
"I am willing to pay about Rs 50-55 for this but beyond that it definitely gets to be a stretch. It is the shortage of supply that is creating this froth," says Prakash Diwan, Director at Altamount Capital Management.
Krish Subramanyam of Asit C Mehta Investment Intermediates is of the view that one can buy Alembic for a target price of Rs 47 and Indian Oil Corporation for a target price of Rs 410.
Gateway Distriparks, the logistics facilitator, is the largest shareholder with 40.40 percent stake in Snowman that was reduced from 54.04 percent through public issue of 4.2 crore equity shares opened during August 26-28.
It meant the person, who has applied for 300 shares (the minimum bid quantity) by paying Rs 14100, received a whopping Rs 8400 on day one (Rs 28 per share premium over issue price).
Dharmesh Kant, IndiaNivesh Securities Private Limited advises buying Federal Bank for a target price of Rs 134 and SKS Microfinance for a target price of Rs 360.
Axis Capital has zeroed in on 7 companies whose trajectories would accelerate over FY14-18, in terms of sales/EPS growth and Return on Equity expansion, and recommends these stocks as must-have in the portfolio
Nirmal Bang believes that Snowman Logistics' aggressive expansion plans coupled with strong presence in niche segments and healthy management bandwidth provides long term growth prospects. We recommend subscribing the issue with a long term view as it may have limited listing gains.
Snowman offers high quality cold chain storage, distribution and value-added services. It has high-end equipment and handling mechanism, and uninterrupted power and fuel supply.
Brokerages believe its big expansion plan (of raising capacity to 1 lakh pallets by next financial year) is expected to boost the operating performance of the company over the next two years.
Sharekhan is bullish on Gateway Distriparks and has recommended buy rating on the stock with a target of Rs 310 in its August 21, 2014 research report.
Nooresh Mirani of Analyse India recommends buying Gabriel India as the stock may test Rs 65 and Shriram Transport Finance Corporation with a target of Rs 1000.
AK Prabhakar, Independent Advisor advises buying Apar Industries for a target price of Rs 386 and Shriram Transport for a target price of Rs 1,040.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today - M&M Financial, Force Motors, Adani Ports, Lanco Infra, GSPL, IOC, HPCL, Financial Technologies, Gateway Distriparks, Marksans Pharma, Mphasis.
Nooresh Mirani of Analyse India is of the view that one can buy Gateway Distriparks with a target of Rs 270 and Oil India with a target of Rs 630.
Gateway Distriparks has reported a sales turnover of Rs 248.18 crore and a net profit of Rs 31.89 crore for the quarter ended Dec '13