Stock analysts have suggested a buy on Shreyas Shipping with a strict stop loss of Rs 147. Traders can purchase the stock to achieve an intraday target between Rs 159-169.

Shreyas Shipping & Logistics Limited is an India-based company engaged in the logistics business. The Company is also engaged in warehousing, cold storage services, logistics of agriculture products, break bulk cargo and liquid logistics business.

In financial year 2007, it launched a container shuttle service between India and Karachi, and added 680 containers to its fleet through its subsidiary.

As per profit and loss account, the company has earned a net profit of Rs 29crore for year ending March 2007 and Rs 6 crore for quarter ending September 2007. On 3 Jan 2007, the stock of the company closes the day at Rs 131 on National Stock Exchange. The stock still has much potential to bloom at NSE in the coming weeks.

Other stocks which are looking good from the same sector for future gains are Shipping Corp, Essar Shipping, GE Shipping and ABG Shipyard.