Long term buy call: IVRCL INFRASTRUCTURE

powerfulpicks long term call: Buy IVRCL INFRASTRUCTURE on dips at 168 or below for a long term (9-12 month) target of 209 (+25%). With order book at over Rs 22000 crores (4 times their yearly sales volume, meaning even if they do not get any other orders for 4 years, still the company will be profitable), IVRCL stands tall among all the infrastructure player. Their debt position is healthy, with reserves much higher than the debt. Overall this is a safe long term bet with infrastructure stocks starting to get hotter now.