Stocks picks for July 26, 2012

Updated: Thursday, July 26, 2012, 9:08 [IST]

Here are a few stock ideas that could help discerning investors in the medium to long term.

LIC Housing Finance Ltd's first quarter of FY13 profit after tax of Rs 227 crore was much lower than our initial expectation of at least RS 300 crore but it was in line with company's recent guidance. Margin performance disappointed but we believe funding costs at around 9.6% have peaked, says Prabhudas Lilladhar.

Hindustan Unilever

Geometric

Jindal Steel and Power

Asian Paints

"We expect that the company surplus scenario is likely to continue for the next three years, will keep its growth story in the coming quarters also. We recommend ‘BUY' in this particular scrip with a target price of Rs 4208 for medium to long term investment," says Firstcall Research report.

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