Buy GMRINFRA STOCK MARKET TIPS

This stock is technically strong so you buy this stock in current price level 60 and target is 66 only exit when this stock close below 57 price level,



GMR Infrastructure is a large business conglomerate with presence across various verticals in the infrastructure space, such as airports, power, road-highways and urban development. The company has an excellent track record of execution across different segments, and is in a sweet spot with the pick-up in airport passenger traffic and improving visibility for monetization of real estate at premium valuations. It has a strong pipeline of new power projects which will be operational over the period and would unlock value for the parent company.

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Buy Balmer Lawrie Brokerage Recommendation

Hedge Equities the research firm has recommended for accumulation of stock "Balmer Lawrie" with targets of Rs 675 and Rs 740 for a 1-2 year (long term investment )

While the sales of the firm have grown at a CAGR of 13.6% in the last 5 years (2005-2009), its growth in profits have been more impressive, growing at a CAGR of 27.2%

The profit margin of Balmer Lawrie (Q,N,C,F)* is forecast-ed to increase from 5.4% in 2009 to 6.1%, 6.5% and 7% in FY10E, FY11E and FY12E respectively. At a CMP of Rs 580, the stock is trading at 8 times its FY10E earnings, 7 times its FY11E earnings and 5 times its FY12E earnings.

Technical view

Strategy for Bull; This stock is in bullish trend so this stock will touch 626 and 650 level with in short time period,


Strategy for Bear; This stock having a strongest support in 570-560 level if break this level it will down up to 524-520 level,

Indian 'stock market' tips