Indian stock worth having in Portfolio | Indian Stocks to Make You a Millionaire
  • Recover Lost Money Plan

    A number of traders have lost their money in the market due to wrong trading advice or wrong decisions and emotions. We keep on getting a number of requests for helping these traders recover their lost money. Thus, this was the genesis of Recover Lost Money Plan. We are proud to say that till date we have helped 1290 people recover their lost money. Recover Lost Money in Market

  • Our Most Successful Intraday Tip

    Jackpot tip, as the name suggests has the potential to make you a Millionaire as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to make you a Millionaire. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in Future and Options segment.
    Click on Jackpot Sure Shot Tip to know more...

Subscribe to this blog

Subscribe to full feed RSS
What is Daily Market State???
Enter your Email


Preview | Powered by FeedBlitz

Indian stock worth having in Portfolio

Posted By On 11:34 AM Under

1. Our research team is bullish on the prospects of Jain Irrigation and same is also endorsed by Bank of America Merrill Lynch which has initiated a coverage on Jain Irrigation with a ‘buy’ rating and has given a price target of Rs 500 for the stock. Jain irrigation is a stock worth buying as company is foraying into the rural market with great strides.

2. Bank of America Merrill Lynch is of the view that it is going to show strong performance by virtue of strong revenue growth in domestic micro irrigation and changing business mix in favour of high margin businesses like agro processing.

3. Bank of America Merrill Lynch expects that Jain Irrigation strategy of changing business focus in favour of micro irrigation and agro processing to boost profit margins by 270 basis points and they are anticipating revenue contributions from these businesses to rise to 71% by FY11 and improve margins further by 60 bps despite declining profitability in plastic pipes and plastic sheets.
Click here to Subscribe for Free Indian Stock Tips

Most Read Content