Smart card biggie Bartronics has come out with excellent numbers for the second quarter. Good earnings visibility coupled with exciting prospects for the industry make it good buy at current levels for target price of Rs 200.
Nagarjuna Agrichem has reported better-than-expected results. The company has emerged as a leading crop protection chemicals player with diversified product portfolio. Buy on declines for a target price of Rs 250.Continuing its good run, training simulator manufacturer Zen Technologies has reported excellent second quarter numbers. Annualised earning per share is likely to be Rs 30 plus. Buy at current levels for target price of Rs 400 in medium term
A revival in demand from OEM manufacturers and introduction of new high margin products has helped Subros Ltd, India's largest auto air conditioning manufacturing company, to post robust performance. Buy on declines for a price target of Rs 55. THE "UNCOMFORTABLE" level of open interest triggered a sharp sell-off in many momentum counters. A high-level of complacency and confidence about the pre-Diwali rally led to `trapping' of bulls in many active counters.
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