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Stock tips for March 4, 2013

Stock tips for March 4, 2013
Power Finance Corporation: Quotes, News
BSE 125.70BSE Quote0.85 (0.68%)
NSE 125.75NSE Quote0.7 (0.56%)
Here are a few stock ideas from leading brokerage houses in the country.



VK Sharma, HDFC Securities advises traders to buy PFC 190 Put.

Sharma told CNBC-TV18, "PFC has been under tremendous pressure. The stock fell by 5 percent. I am suggesting buying the 190 put here which quoted at around Rs 7 suggesting keeping a stop loss at Rs 5 and hoping to sell this at premium of around Rs 12."

Tech Mahindra:

VK Sharma, HDFC Securities advises traders to buy Tech Mahindra 1100 call.

Sharma told CNBC-TV18, " Tech Mahindra had closed at Rs 1,103, open interest was built up to the extent of 33 percent. Stock went up by 5 percent and the high where it has closed is almost 161 week higher which makes it a three year high for this stock."

Dish TV:

SP Tulsian of advises traders to buy Dish TV at current levels.

Tulsian told CNBC-TV18, "Titan Industries, since there was lot of fear that gold custom duty is going to get increased to curb the current account deficit but that did not come and if you see the view on the jewellery units probably Titan will continue to enjoy that growth which they have always been posting consistently. So, since the stock has corrected by about 15-16 percent and making it fall to about Rs 250 level, so the stock was under owned."

Puravankara Projects;

Magnum Research is bullish on Puravankara Projects (PPL) and has recommended buy rating on the stock with a target price of Rs 123, in its February 27, 2013 research report.

"PPL is a real estate developer with a key focus on residential constructions having presence across major cities in South India including Bengaluru, Kochi, Chennai, Hyderabad, Kolkata and Colombo. PPL has also incorporated a wholly owned subsidiary, Provident Housing Ltd, to cater to the growing demand for mid-segment housing.


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: Monday, March 4, 2013, 9:13 [IST]
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