Infrastructure Sector

Long Term Buy Call For L&T

Long Term Buy Call For L&TTechnical analyst Rajesh Tambe of Sunchan Securities has maintained 'buy' rating on Larsen & Toubro Limited (L&T) stock to attain a long-term target.

Today, the stock of the company opened at Rs 1530 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212.50 and a low of Rs 1484.74 on BSE.

Current EPS & P/E ratio stood at 57.63 and 26.82respectively.

Larsen & Toubro (L&T) has registered a PAT of Rs 8,405.30 million for the three month period ended Dec 2010 as against Rs 7,588.20 million for the same period ended Dec 2009.

HCC Has Resistance At Rs 41

HCC Has Resistance At Rs 41Technical analyst Rajesh Satpute has maintained 'hold' rating on Hindustan Construction Company Limited (HCC) stock with a target of Rs 48-50 if it crosses its resistance of Rs 41.

According to analyst, the stock can be purchased with a stop loss of Rs 30.

Today, the stock of the company opened at Rs 35.20 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 74.85 and a low of Rs 32.05 on BSE.

Current EPS & P/E ratio stood at 1.51 and 23.22 respectively.

Buy IRB Infrastructure with target of Rs 230

Buy IRB Infrastructure with target of Rs 230IRB Infrastructure Developers Limited (IRB) is a proxy play in Indian Infrastructure story. It is the largest Built Operate and Transfer (BOT) player in Indian road network with over 16 projects under its portfolio. The company undertakes development of various infrastructure projects in the road sector through several Special Purpose Vehicles. IRB's work spans from building of roads, highways, bridges, and tunnels. Recently IRB has diversified its business into real estate development sector also.

INVESTMENT THESIS

Sell GMR Infrastructure with target of Rs 40-42

GMR-InfrastructureTechnical analyst Anil Manghnani of Modern Shares & Stock Brokers has recently given recommendation to sell the stock of GMR Infrastructure.

Today, the stock of the company opened at Rs 39.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 68.70 and a low of Rs 31.25 on BSE.

Current EPS & P/E ratio stood at 0.03 and 1,516.10 respectively.

Short Term Buy Call For IDFC

Short Term Buy Call For IDFCTechnical analyst Ashutosh Sarna has maintained 'buy' rating on Infrastructure Development Finance Company Limited (IDFC) stock with a short term target of Rs 165.

According to analyst, the investors can buy the stock with a stop loss of Rs 135.

The stock of the company, on March 04, closed at Rs 148 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 8.37 and 17.28 respectively.

The share price has seen a 52-week high of Rs 218.20 and a low of Rs 124.70 on BSE.

IDFC has decided to lift around Rs 2,172 crore via long-term infrastructure bonds.

YES Bank Short Term Buy Call

YES Bank Short Term Buy CallTechnical analyst Mitesh Thacker has maintained 'buy' rating on Yes Bank stock with short term targets of Rs 285 and 310.

According to analyst, the investors can buy the stock with stop loss of Rs 263.

Today, the stock of the bank opened at Rs 270 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 388 and a low of Rs 226 on BSE.

Current EPS & P/E ratio stood at 19.23 and 14.29 respectively.

During the last month, Yes Bank announced that it has enrolled the largest number of pupils from IIM-A.

RPP Infra Pockets Order Worth Rs 15 Bln; Stock Surges 7.9%

RPP Infra Pockets Order Worth Rs 15 Bln; Stock Surges 7.9%RPP Infra Projects has bagged mass housing deal in Republic of Gabon (RG) granted by the housing ministry.

The scope of the contract, which is valued at Rs 15 billion, includes construction and delivery of 10,000 houses in a period of 36 months in different stages.

The deal is awarded to the company on `design, build and transfer` (DBT) Model.

Under the contract, the administration shall allot 120 hectares of free land for building houses.

Buy IVRCL Infra For 35-40% Returns

Buy IVRCL Infra For 35-40% ReturnsTechnical analyst Lalit Thakkar of Angel Broking maintained 'buy' rating on IVRCL Infrastructure & Projects Limited stock.

According to analyst, the investors can buy the stock for 35-40% returns from existing levels.

Today, the stock of the company opened at Rs 70.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 194.40 and a low of Rs 63 on BSE.

Current EPS & P/E ratio stood at 6.70 and 10.69 respectively.

Buy IDFC With Stop Loss Of Rs 144

Buy IDFC With Stop Loss Of Rs 144Technical analyst Jatinder Sharma maintained 'buy' rating on Infrastructure Development Finance Company Limited (IDFC) stock with a target of Rs 158.

According to analyst, the stock can be purchased with a stop loss of Rs 144.

The stock of the company, on February 28, closed at Rs 115.65 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 218.20 and a low of Rs 124.70 on BSE.

Current EPS & P/E ratio stood at 8.37 and 17.78 respectively.

IDFC has decided to lift up around Rs 2,172 crore via long-standing infrastructure bonds.

NCC Infra to sell 15-20% stake to PE

NCC Infra to sell 15-20% stake to PEThe leading infrastructure firm NCC Ltd has made up its mind to reduce stake in order to raise fund for its new Krishnapatnam power project. This has been stated in a recently published report. This project is being set up at Andhra Pradesh.

Earlier, this company was known as Nagarjuna Construction Co Ltd. Now it has been found that the company is planning to dilute near about 15-20% stake out of the total stake of its owned subsidiary NCC Infrastructure Holdings Ltd.

Gammon India bags two CMRL contracts

Gammon India bags two CMRL contractsGammon India and its joint venture partner OJSC 'Mosmetrostroy' announced that company has won two construction orders worth Rs. 1947 crores from Chennai Metro Rail Limited (CMRL). Two contracts involve construction of underground stations and associated tunnels.

Gammon India said in a release that its Russian JV partner OJSC 'Mosmetrostroy' has 80 years of experience in the field has constructed 177 stations and has laid more than 300km of lines.

Buy Lanco Infratech With Target Of Rs 45

Buy Lanco Infratech With Target Of Rs 45Technical analyst Somil Mehta of Sharekhan has maintained 'buy' rating on Lanco Infratech Limited stock with a target of Rs 45.

According to analyst, the investors can buy the stock with a stop loss of Rs 36.

The stock of the company, on February 21, closed at Rs 39.25 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 74.70 and a low of Rs 33 on BSE.

Current EPS & P/E ratio stood at 2.21 and 17.98 respectively.

Buy IDFC With Stop Loss Of Rs 135

Buy IDFC With Stop Loss Of Rs 135Technical analyst Ashutosh Sarna has maintained 'buy' rating on Infrastructure Development Finance Company Limited (IDFC) stock with targets of Rs 146 and 149..

According to analyst, the stock can be purchased between Rs 137-140 with a stop loss of Rs 135.

The stock of the company, on February 18, closed at Rs 143.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 218.20 and a low of Rs 124.70 on BSE.

Current EPS & P/E ratio stood at 8.37 and 17.09 respectively.

Buy IRB infra With Target Of Rs 269

IRB InfrastructureIRB infra is a proxy play on Indian road sector. IRB is amongst the largest BOT operator in India with in house execution capabilities and currently have 16 BOT projects under portfolio, of which ten are operational, five under construction and one project is in advance stage of financial closure. IRB is well positioned to add projects worth $1bn i. e about 4-6 BOT projects per annum without any equity dilution.

1) Timely execution of projects under construction will act as a catalyst for stock price.

Ahluwalia Contracts (India) LTD. Result Review by PINC Research

Ahluwalia-ContractsAhluwalia Contracts (ACIL) Q3FY11 performance saw execution pressure from slow down in real estate market (sales down 11% YoY), coupled with spike in operating and labour cost, which eroded margins by 265bps (8.8% vs 11.5% YoY). The weak performance is expected to continue over the next few quarters as real estate market stabilise. About 60% of the orders are from commercial and residential segment. We cut estimates and downgrade the stock to HOLD.

Real estate slowdown

IDFC Mutual Fund launches Infrastructure Equity Fund

IDFC Mutual Fund launches Infrastructure Equity FundIDFC Mutual Fund launched Infrastructure Equity Fund on Thursday, an open-ended equity fund. IDFC Mutual Fund declared that Infrastructure Equity Fund will allocate 80% to 100% of money to equity and equity related securities of infrastructure sector companies and 0% to 20% in debt and money market instruments.

Buy Kalindee Rail With Stop Loss Of Rs 110

Buy Kalindee Rail With Stop Loss Of Rs 110Technical analyst MB Singh has maintained 'buy' rating on Kalindee Rail Nirman (Engineers) Limited stock.

According to analyst, the stock can be purchased with a stop loss of Rs 110.

The stock of the bank, on February 09, closed at Rs 125.35 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 224.80 and a low of Rs 115 on BSE.

Kalindee Rail Nirman (Engineers) has registered a phenomenal increase in standalone net profit for the three month period ended December 2010.

Hold Reliance Infrastructure With Stop Loss Of Rs 646

Hold Reliance Infrastructure With Stop Loss Of Rs 646Technical analyst Pankaj Jain of Satguru Capital maintained 'hold' rating on Reliance Infrastructure stock for short term.

According to analyst, the stock can be bought with a stop loss of Rs 646.

The stock of the bank, on Feb 04, closed at Rs 678 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1225 and a low of Rs 684.70 on BSE.

Current EPS & P/E ratio stood at 38.59 and 17.52 respectively.

Buy IDFC With Stop Loss Of Rs 139

Buy IDFC With Stop Loss Of Rs 139Technical analyst Rakesh Bansal of New Age Wealth has maintained 'buy' rating on Infrastructure Development Finance Company Limited (IDFC) stock with a target of Rs 154

According to analyst, the investors can purchase the stock with a stop loss of Rs 139.

The stock of the bank, on February 01, closed at Rs 142.95 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 218.20 and a low of Rs 142 on BSE.

Current EPS & P/E ratio stood at 8.37 and 17.25 respectively.

Diamond Power Long Term Buy Call

Diamond Power Long Term Buy CallTechnical analyst Avinash Gorakshakar of Anagram Capital maintained 'buy' rating on Diamond Power Infrastructure Limited stock with a target of Rs 275.

According to analyst, the stock can achieve the said target in a period of 12 month period.

Today, the stock of the company opened at Rs 178.70 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 264.20 and a low of Rs 115 on BSE.

Diamond Power Infrastructure Limited announced that it has bagged deals from Power Grid Corporation of India Ltd and SMO-SPIC, for supplying 400 KV D/C line conductors.




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