Investors with a horizon of 6-12 months can consider following scrips for their investment. These companies have potential to give higher returns than index over a long term.

DIC India Ltd has achieved its target of Rs. 340
First Leasing Ltd has achieved its target of Rs. 92
GEI Industrial Systems Ltd has achieved its target of Rs. 170
Dena Bank has achieved its target of Rs. 108
Ballarpur industries has achieved its target of Rs 43
Visaka Industries has achieved its target of Rs. 180
Aarti drugs has achieved its target of Rs 135
Indoco Remedies has achieved its target of Rs 465, call given at Rs. 388
Riddhi Siddhi Gluco Biols has achieved its target of 258, call given at 216
Ess Dee Aluminium has achieved its target of Rs 520
TNPL has achieved its target of Rs. 115
TATA Steel has achived its target of 708

Corporate Highlights

Construction firm Pratibha Industries has bagged Rs 104.97 crore contract from Delhi Metro Rail Corporation (DMRC).The company's joint venture with Aparna Constructions and Estate Pvt Ltd has secured a contract for Construction of Depot cum workshop on East West Corridor for Stage 1 of Jaipur Metro from DMRC.

Public sector lender State Bank of India (SBI) will set up a branch in Doha during the first quarter of 2011. The SBI, which has
152 branches overseas, aims to increase the number of foreign offices to over 1,000 in the next couple of years

IOL Chemicals and Pharmaceuticals (IOLCP) will invest Rs 130 crore to set up a manufacturing facility to produce anti-ulcer drugs in Punjab."The company will be spending Rs 130 crore to set up a plant at Dhaula, Barnala in Punjab with a proposed capacity of 150 TPA (tonnes per annum) for PPIs (proton pump inhibitors).

Economic Updates

With economic recovery in the rich countries remaining fragile, FDI inflows to India dipped for the second consecutive month, falling by about 7 per cent to $1.6 billion in November 2010 over the same period last year. In November 2009, FDI stood at $1.72 billion.