Update: Bajaj Corp

Update: Bajaj Corp

I had recommended Bajaj Corp as an investment advice on 18th May,2014. Now, Book partial (50%) profit at CMP of 245.

Keep further position open with more 5-7% upside expectation.

For detail visit:

http://jimitzaveri.wordpress.com/2014/05/18/bajaj-corp-ltd/

 

CLARIS LIFESCIENCES LTD.

Claris Lifescience <—- Click here for details

 

Claris Lifesciences Ltd. is in process of buy back of 15% of the total number of Equity shares which held by the investors to the buyback price of Rs.250. This process will complete on 22th may, 2014. I am expecting effect in price and recommending to “BUY” Claris Lifesciences Ltd. With target of 190-200.

BAJAJ CORP LTD.

Bajaj Corp Ltd. <—- Click here for details

Bajaj Corp Ltd. has leading market share in Almond drop hair oil and also leading market share in Light hair oil segment. Company has included Nomarks brand in product portfolio which contributing value to company’s revenue. After acquiring Nomarks brand company’s products portfolio not only remain limited to hair oil segments.

Currently company trading at TTM PE of 21.00x and TTM EPS of Rs.10.10, and it’s expected that TTM PE of 22.40x and TTM EPS of Rs.10.78-11 so that upside in this stock can be Rs.240-250 so accumulate “Bajaj Corp Ltd.” for the horizon of 15-18 months.

Wonderla Holidays IPO: SUBSCRIBE

Wonderla

Wonderla Holidays Limited

The company has an established presence in South, which will be expanded further in the south region. Company planning to enter Chennai after Hyderabad. Besides this its has many advantages like near to debt-free company, strong and experienced management, strong positioned for amusement parks, robust financial performance, in-house manufacturing facility, etc. At the price band of Rs.115-125, the company is quoted at 14.38x and 15.63x on its FY13 EPS of Rs.8.00.

I, Jimit Zaveri recommend investors to “SUBSCRIBE” the Wonderla Holidays Ltd IPO considering it’s strong and experienced management, strong positioned for amusement parks, robust financial performance, in-house manufacturing facility at Wonderla Kochi and  long term gorwth opportunity in the amusement parks industries on the back of spending for leisure activities and for amusement parks by people in India.