Indian Stock Picks - Share Ideas , News, Fundamentals

The Hindu Business Line Everest Kanto Cylinder (320.35): Buy We recommend a buy in Everest Kanto Cylinder from a short-term perspective. It is evident for the charts of Everest Kanto Cylinder that it has been on steady and gradual long-term uptrend since July 2005 low of Rs 54. Recently, the stock resumed ... More

The Hindu Business Line Today's Pick: Ahluwalia Contracts (Rs 338.15) We recommend a buy in Ahluwalia Contracts India at current market price. From the weekly chart, we note that it has been on a steady long-term uptrend from June 2007 low of Rs 78. The daily chart shows that after touching an all-time high of Rs ... More RNRL hogs limelight Chennai, Jan. 2 Thanks to a fresh addition of long positions towards the closing hours, the Nifty January futures moved into a healthy premium of about 40 points with respect to the spot close. During most part of the day, the premium was ... More The Economic Times Stocks to watch on Thursday Indian equities are likely to open lower Thursday given the weak global cues. Investors could use the fall as a good opportunity. The government may allow one more state-owned national level mobile operator, in addition to BSNL, to tap the country’s booming telecom market and also compete more effectively with private telcos. The Department of Telecom is ...

Indians on a ‘green drive’ as CNG vehicles touch over 3.54 lakh (The Hindu Business Line 2nd Jan 2008) Spiralling crude prices coupled with wider availability of alternate fuels, and lower maintenance cost has spurred more Indians on a ‘green drive’ with the number of CNG vehicles in the country touching over 3.54 lakh, as per industry estimates. Interestingly, Mumbai has lesser number of CNG stations compared to Delhi, but has more vehicles running on the alternative fuel. Mumbai with 127 CNG stations has about 1,83,429 vehicles against Delhi that has 153 outlets with 1,50,000 vehicles. The other cities that have CNG stations include Hyderabad, Vijayawada, Vadodara, Agartala, Kanpur, Bareli and Lucknow. More Corollary - Companies may benefit - Minda Auto Gas, Everest Kanto Cylinder (manufacturer of Cylinders for CNG Vehicles)

The Hindu Business Line Today's Pick: Indoco Remedies (Rs 324.70) We recommend a buy in Indoco Remedies at current market price. From the weekly chart of this company, we note that it had been in a downtrend between January and August 2007 (from a high of Rs 371 to a low of Rs 225). However, the stock ... More The Economic Times Analysts' picks: BSEL Infra, Everest Kanto, Nucleus Software, Gulf Oil BSEL Infra Realty CMP: Rs 92.50 Target price: Rs 133 Everest Kanto CMP: Rs 348.15 Target price: Rs 390 Nucleus Software CMP: Rs 395.15 Target price: Rs 407 Gulf Oil CMP: Rs 353.40 Target price: Rs 477