Monday, January 14, 2008

Prakash Industries (BSE: 506022)

CMP: 322
TGT: 500
DURATION: 6 months

This is one of my favorite stocks, I have been recommending this stock since it was 77. The co. is in expansion mode and plans to set up a 625 MW merchant power plant at an outlay of Rs 16 billion. this would not only improve operational efficiency but also offer a stable revebue stream.

1 comments:

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