Posts Tagged ‘ Stock Idea ’

Jubliant Organosys

Jubilant Organosys and Eli Lilly have entered into a 50:50 joint venture agreement in India, focusing on providing drug development services. This is a strategic collaboration which would be focusing exclusively on developing new drugs in the areas of oncology, metabolic disease, cardiovascular and diabetes. This Bangalore based joint venture will focus on developing molecules [ READ MORE ]

Opto Circuits

Opto Circuits India (OCIL) recently cancelled the proposed $100 million acquisition of a European company, with which it had signed a letter of intent in September 2008. The reason cited is that the demanded price is not justifiable from an economic value perspective. This step is positive for OCIL, as it removes any uncertainty of [ READ MORE ]

Praj Ind

PRAJ INDUSTRIES The stock made a big breakout on a strong volume expansion. The key resistance level on daily charts was Rs 250. However, on weekly charts, the key resistance was at Rs 265. The long-term target would be Rs 320, while it could go till Rs 285 in the short term[ READ MORE ]

Multi bagger in making

Asian Oilfield, is engaged in short drilling  for ONGC & other private players, as evident from the financials company is witnessing a huge growth in the sales & porofit & planning to add two more rigs. Return on Total Assets (ROTA) 17.32% Return on capital employed (ROCE) 27.14% Considering the sprut in E& P sector, company is poise to have [ READ MORE ]

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