Buy Ultratech with short term target of 3300 and long term target of 4200

Following are the reasons for ultratech stock price to rise in long term:
 1) Central Govt's infrastructure plans will get fully executed only in this year resulting into highest capex exp by govt since 2011.
2) Also low interest rates will add to higher capex expenditure by industries which were stuck since

Buy ISGEC Heavy Engg with target of 11445

ISGEC Heavy Engg
CMP: Rs 5995
Target: Rs 11445

Isgec’s business activities span across Process Equipment, EPC Power Plants, Boilers, Sugar Plants & Machinery, Mechanical & Hydraulic Presses, Steel & Iron Castings, Contract Manufacturing, and

Former chairman of Helios and Matheson among three top executives arrested

Chennai police have confirmed the arrest of H&M’s ex-chairman V Ramachandran, CEO & MD GK Muralikrishna, and director Sai Yerra subsequent to our report

 

The Economic Offences Wing (EOW) of Tamil Nadu police has reportedly arrested three directors of Helios and Matheson Information Technology (H&M) for failing to repay deposit and interest to several depositors. Those arrested by the EOW include, H&M’s former chairman V Ramachandran,