Gwalior Chemical Industries Limited

Recommendation: BUY

Stop loss: Rs104

CMP: 111.40 Target: Rs163

Gwalior Chemical Industries Limited is a producer of chemicals in India for agro-chemicals, pharmaceuticals, flavors and fragnance and dye and paint industries. The Company operates seven large (more…)

Tags: buy, short term, Shortterm investment

Recommendation: Buy
Price target: Rs 90
Key points:

* Andhra Bank reported a not-so-healthy PAT of Rs 77.6 crore indicating a decline of 45% yoy. The net interest income for Q1FY2009 was Rs 346.3 crore, largely flat despite a healthy growth in the advances (23% yoy), as the reported margins contracted by 71 basis points yoy. The non-interest income declined by 9.7% yoy on the back of a treasury loss of Rs 1 crore during the quarter. (more…)

Tags: Andhra Bank, buy, multibaggers

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