Buy Eurotex Industries on dips

powerfulpicks stock opinion: Investors with some risk appetite can buy Eurotex industires (NSE: EUROTEXIND) around 42, or as close to 40 as possible for a 9-12 month target of 58 (+38%). The company posted losses last year, but seems to have turned around into green by reducing operating costs and also because of the increasing international demand of cotton yarn. If the company achieves an EPS of 5, which may be possible with the aid of good monsoons, an even higher 1 year target may be possible, Again, this script is for those who can bear some risk for higher percentage gains.