Top Indian Stock Picks for 2007
Reliance Industries - One of the evergreen stocks, this scrip never fails to deliver. When you are buying into this stock, you are essentially buying the strong success story of its management that has seen various ups and downs and still managed to perform. Reliance is one of the top Indian stock picks across BSE and NSE. Price target of INR 1500 should be reached soon.
TCS - The IT powerhouse is in good shape and pursuing organic as well as inorganic growth. This is the perfect strategy given the flatness of global competition now. I think that the stock should breach the 1650 levels soon.
Bajaj Auto - Automobile story is intact and Bajaj has had a very good run in the year 2006. The scrip should be reaching 3100 levels from its existing range of 2550-2600.
ITC - The FMCG major is successfully making a lot of forays into a lot of sectors. The stock should be hitting new highs and breach the 250 mark.
Walchandnagar Industries - The stock has seen volatility of late. But there is still some distance up north that this scrip needs to travel before it becomes stable.
Canfin Homes
Bharti Airtel
Tech Mahindra - Another success story that one needs to carefully look at. The stock would breach the 2000 levels very soon.
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