FABULOUS-15 is down 4.37% Vs Nifty down 6.85% this year so far. The list includes a collection of mid and large cap stocks which look good from 1-2 year perspective.
http://prabhakar-views.blogspot.com/2010/02/update-on-guj-nre-coke.html GUJARATNRECOKE Looks good
FABULOUS-15 TRACKER - List Launched on 31-Dec-2009 | ||||||
Stock Name | Reco Price (Rs) | CMP (Rs) | High So Far (Rs) | Target (Rs) | % Returns So Far | Action |
3IINFOTECH | 87 | 75 | 97 | 118 | -14 | Hold |
ADHUNIK MET | 110 | 101 | 127 | 152 | -8 | Hold |
EKC | 156 | 121 | 162 | 189 | -22 | Hold |
EMCO | 91 | 83 | 109 | 130 | -9 | Hold |
GIC HOUSING | 92 | 87 | 94 | 150 | -5 | Hold |
GLENMARK | 278 | 260 | 290 | 350 | -6 | Hold |
GREAVES COT | 286 | 279 | 303 | 352 | -2 | Hold |
GSPL | 98 | 87 | 102 | 125 | -11 | Hold |
GUJ NRE COKE | 80 | 76 | 98 | 110 | -5 | Hold |
IFCI | 54 | 49 | 60 | 75 | -9 | Hold |
MRPL | 78 | 75 | 86 | 100 | -4 | Hold |
NEYVELILIG | 152 | 153 | 172 | 196 | 1 | Hold |
POWERGRID | 109 | 107 | 121 | 141 | -2 | Hold |
SKUMAR | 41 | 49 | 50 | 70 | 20 | Hold |
SUZLON | 91 | 70 | 95 | 140 | -23 | Hold |
ABG SHIP | 210 | 270 | 270 | 270 | 29 | Profits Taken |
Week Ahead:
Markets are expected to be very interesting next week with many events lined up
- Parliamentary Session starting on 22 Feb
- Railway Budget on 24
- F&O Expiry on 25th
- Union Budget on 26 Feb
Government raised Urea prices by 10% and decontrolled other fertilizer prices which makes many think about this budget in a very positive way and if some favourable announcements happen big short covering can take markets higher.
S KUMAR has outperformed the markets with 20% gains so far, the stock looks very good for Rs 55 and Rs 60 as next targets, FABULOUS-15 target of Rs 70 may also happen in a year.
News Update on FABULOUS-15
- Adhunik Group of Industries has been in discussion for tie-up with major automobile companies to supply specialised steel and auto components, officials said. http://economictimes.
indiatimes.com/news/news-by- industry/indl-goods-/-svs/ steel/Adhunik-in-talk-with- major-automakers/articleshow/ 5564807.cms - Adhunik Corp Ltd, an arm of Adhunik Metaliks Ltd, is planning an initial public offering of shares to finance the second phase of its planned cement and steel project, a company official said here Thursday. Adhunik Corp is setting up 400,000-tonne steel capacity in the first phase for an investment of Rs.850 crore. It would manufacture TMT bars and steel rods in the first phase, managing director of the company Mahesh Agarwal said on the sidelines of a press meet. http://www.thaindian.com/
newsportal/business/adhunik- metaliks-arm-plans-ipo_ 100318703.html - Glenmark: Bright future in the UK and beyond http://economictimes.
indiatimes.com/news/news-by- industry/healthcare/biotech/ pharmaceuticals/Glenmark- Bright-future-in-the-UK-and- beyond/articleshow/5585839.cms - Greaves Cotton Limited Expands Adoption of PTC's Windchill for Product Lifecycle Management http://www.marketwatch.com/
story/greaves-cotton-limited- expands-adoption-of-ptcs- windchill-for-product- lifecycle-management-2010-02- 16?reflink=MW_news_stmp - GSPL is a promising play on the high-potential natural gas sector in India. http://www.
thehindubusinessline.com/iw/ 2010/02/21/stories/ 2010022151331100.htm - The Board of MRPL (A subsidiary of ONGC) in its meeting on 16th Feb. 2010 has approved construction of houses for the October 2009 - calamity affected villagers of Devadurga Taluk in Raichur District of Karnataka at an estimated cost of Rs. 4.95 Crores. http://www.daijiworld.com/
news/news_disp.asp?n_id=72482& n_tit=MRPL+to+Build+330+ Houses+for+Flood-affected+in+ Raichur - Suzlon bags 8.7 mw order from L&T http://www.myiris.com/
newsCentre/storyShow.php? fileR=20100218104015707&secID= fromnewsroom&secTitle=From% 20the%20News%20Room&dir=2010/ 02/18 - Suzlon Energy arm wins 52 mw order for projects in Northeastern France http://www.myiris.com/
newsCentre/storyShow.php? fileR=20100216113650707&secID= fromnewsroom&secTitle=From% 20the%20News%20Room&dir=2010/ 02/16
