EXACT TARGET MET - J KUMAR INFRA PROJECTS (NSE: JKIL)

powerfulpicks call update: J Kumar Infraprojects/JKIL touched a 52 week high of 260 and met my below target exactly today. Given the market sentiments at present, a full booking of profits is recommended.

 

Enjoy your stay with powerfulpicks!
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On Wed, Sep 8, 2010 at 6:53 AM, POWERFULPICKS POWERFULPICKS <powerfulpicks@gmail.com> wrote:

powerfulpicks medium term call: An infrastructure and civil construction company with a low P/E of around 8.7 even after a good run up, a construction company with very low debt in spite of a healthy order book, a construction company with sales and EPS growth even during the great 2008 recession.

 

Can it be true?

 

Yes, it is true for J Kumar Infraprojects. One can buy around 220 on dips for a medium (6 month) term target of 260 (+18%).