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What should we buy sterlite industries, IFCI, Spice jet. and is it right time to buy deccan cronicle.

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Submitted by Anonymous on October 6, 2009 - 13:32

Respected sir / madam,
sir plz can u suggest me a scrip between sterlite industries, IFCI, or spice jet. sir sterlite is already up so is it wise to buy now. ans sir can u suggest that should i buy Deccan cronicle holdings at this time.


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Submitted by rahul das on October 6, 2009 - 22:10. #

Out of all these stocks Deccan Chronicles remains my favorite. As economy is coming back advertising business for newspapers is on high again. If you open newspaper in morning you can see paper filled with ads from property developers to mobile operators. Deccan recently increased ads cost by 20% that shows that demand is rising at the same time they have IPL franchise for Deccan Chargers.

I like this stock at current price of ..  business is generated around 200 crore in profit last year and this year its expected to improve further at the same time cost of newsprint is down that leaves room for good margin.

Stock is worth a position at 130 level.

Spice Jet might do well in short term but in long term its not one of my recommended stock. I would instead go for bigger career like Jet.

IFCI do hold some promise and a small position can be take on this counter for medium 2-3 year time horizon. As it keeps financing infra projects and continue cash flowing.

 

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