ITC is India’s largest cigarette company with a market share of 70% and 85% value share. Although taxes have risen steeply in the past, ITC has been able to grow its cigarette business, given that it enjoys pricing power due to a higher market share. It has diversified into FMCG , hotels, retailing,...

In the hotels sector, we believe Indian Hotels Company is an attractive investment for 2011. It is the only hotels company that would add close to 1,500 rooms across various segments such as upscale, mid-scale and economy. These additions would enhance the company’s topline in the first half of the...

The realty sector remained an underperformer in the stock market for the most part of 2010. But given the volume growth in the past two quarters, realty stocks may see an upside in the New Year. Housing Development & Infrastructure (HDIL) is expected to be a major beneficiary, given its relatively...

HCL Tech’s profit growth lagged behind its topline growth in the past few quarters on account of higher forex hedging losses and its bleeding business outsourcing (BPO) operations. The company has reduced its loss-making forex exposure to negligible levels. It has also chalked out a revival strategy...

GAIL (Gas Authority of India Ltd), India’s biggest natural gas transporter is likely to do well in 2011. The company is on a mega-expansion drive, which will triple its gross block and double the gas transporting capacity by 2013. At least a 43% addition to existing pipeline capacity is expected in...

Corporation Bank has outgrown its industry’s loan book growth consistently during the past four quarters. The bank grew its loan book by 32% in the quarter ended September 30, 2010. This has helped the bank in maintaining its profit growth at an average 21%. The bank is relying on infrastructure and...

Bharat Forge, a leading metal forgings company has restructured its overseas arms. A large part of its growth in the first of half of FY11 was due to higher demand for commercial vehicles and the export market. It is trading at a higher price/earning (P/E) multiple of 39 as compared to the industry average...

Check out these stocks suggested by Sharekhan to invest for good gains in Mid term. Allahabad Bank Recommendation: Buy Market Price: Rs 230.15 Target Price: Rs 300 The stock is trading at 1.1 times FY2012 book value. It is trading at a discount to its peers. Given the buoyancy in the earnings led by...

Here are the top five stock picks of the day for trading recommended by Alex Mathews, Head-Research, Geojit BNP Paribas Financial Services. Bafna Pharma Recommendation: Buy Last Close: Rs 50.75 Target: Rs 57 Stop Loss: Rs 47.1 The stock is trading above its 20-DMA, is likely to test Rs 57 and more....

Current Market Price: Rs 71 Target Price: Rs 88 EPS: Rs 10 Dividend: 10% Book Value: Rs 147 Nahar Industrial Enterprises Stock Analysis Nahar Industrial Enterprises has operations in Spinning, Weaving, Processing up to Ready-made Garment Business. Got Quality Certificates such as ISO 9002, ISO 14001 Yarn...