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Stock tips for Feb 27, 2013

Stock tips for Feb 27, 2013
Here are a few stock ideas from leading brokerage houses in the country.

Indraprastha Gas:


Dolat Capital is bullish on Indraprastha Gas and has recommended buy rating on the stock with a target price of Rs 375 in its February 26, 2013 research report.

"Indraprastha Gas, management seems positive about their stance in the case with PNGRB. Management maintains that PNGRB does not have the power to fix network tariffs and compression charges for IGL's own consumers. Management opine that PNGRB has the right to fix it for third party gas distribution company that distributes gas using IGL's infrastructure.

Reliance Power:

Sudarshan Sukhani, advises investors to hold Reliance Power for long term.

Sukhani told CNBC-TV18, "Investors should hold on Reliance Power for one year. We have one difficult year for the markets. Next year will be better. It is a good stock, hold onto it."

Opto Circuits:

Sudarshan Sukhani, advises investors to exit Opto Circuits.

Sukhani told CNBC-TV18, "Exit Opto Circuits I cannot even imagine why investor could buy Opto Circuits, so for me it is very difficult to give an opinion on something that I cannot imagine. The easiest solution is one need to get out of it. I cannot say if it will not go back to Rs 60 because a relief rally can come anytime, but it is very unlikely. A lot of midcap stocks are in deep trouble so do not stay and find out what happens. Take the loss and get out."

Jet Airways:

One can exit Jet Airways on rally, says Phani Sekhar of Angel Broking.

Sekhar told CNBC-TV18, " Jet Airways is clearly avoid because the run up in the price was based on the frenzy of the deal happening. As an investor it is almost always a very bad idea to be chasing the deal frenzy and the prices thereon. So, now some of the investors are learning the hard way."


DISCLAIMER: GoodReturns provides you with information covering shares, futures and options based on broker's reports as stated on various media. Investors are, however, warned that they should NOT take any buy or sell decision based on these views expressed in the article. Investors should consult their own financial and share advisors before taking purchase or sale decisions. GoodReturns does not take any responsibility for any losses incurred by investors who take their cues from the above article.

Read more about: stock picks
Story first published: Wednesday, February 27, 2013, 9:22 [IST]
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