Nov 15, 2007

Delivery Pick's .... 15/11/07

Indian Economy is showing the strongest momentum which is reflected on the stock market as we are seeing a superb bull run this days were are move of 1000 points is just a matter of few hours.There are some sectors which are still out of the limelight & can see buying with a long term investment viewpoint.

The Entertainment & Multiplex sector which will see superb growth in coming future with some big corporate house eying expansion in this space & the movie industry is witnessing investment in huge amount from local & domestic players will help this sector to be a multibagger investment sector in long run.

Corporate like ADAG group ( led by anil ambani ) & Gujarat floro have made huge investment to diversify their business in this sector.The sector will see a surge in the revenue as more companies expand in movie production & distribution business. With the number of movie made every year increasing the exhibition business will see a rise with more people coming to watch movies thus will help them to increase the seat occupancy rate and improve margins.

Some Picks in this Sector :

Buy Pyramid Saimira Theaters ( @ Cmp )

Target 1 -- 340
Target 2 -- 375
Target 3 -- 410 +

Buy Inox Leisure ( @ Cmp )

Target 1 -- 125
Target 2 -- 140
Target 3 -- 165 +

Buy Shringar Cinema ( @ Cmp )

Target 1 -- 95
Target 2 -- 110
Target 3 -- 125 +

Note : All this calls are pure investment play & no stoploss is required. One can buy the stocks in small Quantity & average them if they correct during market correction.

Stocktrendz View : We Remain Bullish on this sector with long term view.


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