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Coronavirus was largely ignored by markets during January and first half of February 2020. However, markets witnessed panic selling during the second half of February.
Equity analyst Sovid Gupta of Fairwealth Securities is bullish on Alok Industries and maintained 'Buy' rating on the stock to achieve a target of Rs 28.
Alok Industries is a leading vertically integrated textile player having sales of over 3000 crore and tough bottom line.
The analyst initiate a buy call on the company on basis of its good valuation, vast growth in topline by the next three years and augmented outcome from higher foreign currency earnings, increased sale of Value added products and Vertical/ backward Integration.
Many investors are now-a-days scouting for good opportunity in the market, so that they can enter at current level and reap good profits in the long run.
Praj Industries is looking good for long term investors. The zero-debt Praj is basically an engineering company focusing on the distillery industry. It markets its products and services to more than 35 countries and is world's single largest supplier of molasses based distillery technology, plant and equipment.
Sintex Industries, with strong balance sheet and huge cash balance is well Equipped to manage current challenging business Equipment. We estimates Sintex Industries to post net sales of 3300 crores and 4200 crores for FY09 and FY10 respectively, posting compounded growth rate of 40% for 4 years.
Techncal analyst Anand Rathi maintained ‘buy’ rating on Reliance Communications (RCom) stock with a long term target of Rs 260.
According to Mr. Rathi, interested investors can buy the stock with a strict stop loss of Rs 150.
Today, the company’s shares opened at Rs 170, as against its last closure at Rs 168.75 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 8.36 and 20.47 respectively. The share price has seen a 52-week high of Rs 608.85 and a low of Rs 131.35 on BSE.
Equity analyst Sovid Gupta of Fairwealth Securities is bullish on Alok Industries and maintained 'Buy' rating on the stock to achieve a target of Rs 28.
Many investors are now-a-days scouting for good opportunity in the market, so that they can enter at current level and reap good profits in the long run.
Techncal analyst Anand Rathi maintained ‘buy’ rating on Reliance Communications (RCom) stock with a long term target of Rs 260. 
