Penny stocks are highly infamous amongst the active traders. People often fall for these stocks and then finally realize that these stocks are worthless. These stocks are gaining good ground in the Indian stock market, as fresh inflows and liquidity driving the market higher and higher. After going through 1700+ stocks in NSE, we have compiled a list of penny stocks that are traded on ... [Continue Reading]
High Beta Stock: Accumulate Sesa Goa Stock on Every Decline, Multibagger Stock
Sesa Goa Ltd. is one of the largest mining company in India, having most of its mining activity in Goa. This company was listed in NSE and BSE on 13 May 1998. The stock was trading at Re.1 level in 2003 and made a high of 495 in 2010, so we see that stock has tremendous potential in longer term, but for short term we are seeing the stock in a downtrend and has been correcting sharply as seen in ... [Continue Reading]
Infrastructure Sector Calls: Reliance Infrastructure Multibagger if Invested for Long Term
Reliance Infrastructure Ltd. is one of the fastest growing infrastructure company in India, it is company of Anil Ambani's Led ADA Group. The company is involved in road construction, metro, airport, cement, real estate and SEZ (special economic zone), Power generation, transmission, distribution, trading and engineering & construction. We see that this company has lot of potential in India, ... [Continue Reading]
Multibagger Stock: Buy MUNDRAPORT at 125, For Target 171
Start accumulating MUNDRAPORT stock as we can see the stock is near its bottom, this is definitely right time to pick stocks like Mundra port from the current market situation. The market capitalization of this company is more than Rs.26,000 crore. The company has sales turnover of Rs.1,392 crore. While total value of assets of this company stands at Rs.6,645 crore. Book value of the stock stands ... [Continue Reading]
Multibagger Stock: Buy Canara Bank Ltd.(CANBK), For Target 717
A positive breakout move was seen in the canara bank chart, we are now bullish on the stock of canara bank on can start accumulating this stock at current levels as bullish engulfing pattern has formed in the charts. The market capitalization of this company is more than Rs.25,000 crore as on 4 March 2011. EPS of the company is at Rs.88 per share and book value of the stock stands at Rs.305. At ... [Continue Reading]