December 3, 2009

Stocks: SAIL

SAIL
BSE :500113
CMP:188
Volume: 1838799

This PSU steel company saw some renewed interest on the bourses as some of the domestic as well as foreign funds are looking at it from an investment point of view. They feel that the counter will command a good premium due to better liquidity on account of its planned FPO. The counter is available at Rs 190 and is expected to provide capital appreciation of near about 10 per cent in one month’s time with target price of Rs 210.