Educomp, GAIL, Hindalco, IVRCL, NCC, Piramal Healthcare, Rolta, Tata Motors, Tulip Telecom
Sunday, August 15, 2010
Investors with a two-year horizon can buy the shares of NIIT Technologies (NIIT Tech), a mid-cap IT services company, given the broad-based revival in its key segments of operations such as BFSI and the US geography as well as a robust domestic deal pipeline.
Shareholders can remain invested in the stock of Piramal Healthcare, at least until such time they become eligible for the special dividend following the sale of a key business to Abbott Laboratories.
Investors can retain their holdings in the stock of Titan Industries. The company posted strong growth in profits and sales, improvedmargins, and has low debt. Titan has a vast retail network, offerings across price points in the key segments of watches and jewellery, a brand presence unmatched by most other jewellery retailers and an expanding overseas market.
The Tata Chemicals stock appears to be a good option for investors with a three-year horizon. At its current price of Rs 363, the stock trades at modest price-earnings multiple of 11 times its consolidated earnings for the past year and about 10 times the estimated earnings for 2011-12.