Monday, 29 September 2014

Sectoral research

1) Buy Finolex Industries Ltd

Current Price  - 316
Target price - 350
Stop Loss - 299



2) Buy DCB Bank Ltd

Current Price - 83
Target price - 91
Stop Loss - 78

Reasons for investment:

Attractive valuation of 1.3x FY16E
Easing crude oil prices reduces macro concerns on CAD and currency front.

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