Gift a stock to your Valentine! Infy a good buy despite boardroom battle

ET Markets Daily Brief | Fri, Feb 10, 2017 | 03:53 PM IST Follow ET Markets Co-sponsor Associate Sponsors

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You spent Rs 3,500 on your Valentine 3 years back? A stock could make it Rs 50,000 today With a market-cap of Rs 1,477 crore, this firm is engaged in manufacturing of sugar, generation of power and manufacturing of refractory products. Despite a 78% erosion in market value, this stock still has strong FII backing The company's sales for FY16 stood at Rs 1,153.56 crore, which was nowhere near the Rs 2,380.45 crore sales that the company reported for FY2008. After 2,839% mad rally in 3 years, this stock is still projected to spin money The midsized company is looking to diversify its business into manufacturing, bottling and selling of liquor for human consumption.

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Market Watch 10 Feb | 03:53PM| SENSEX NIFTY USD/INR GOLD 28334.25 ↑4.55 8793.55 ↑15.15 66.82 ↓-0.03 28955.00 ↓-134.00

Gainers Losers 10 Feb, 2017, 03:53PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low

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FROM THE NEWSPAPER

Infosys boardroom battle continues! A good buy even if it corrects 10%: Experts Despite all the odds, the stock has managed to hold the fort. If it corrects another 5-10 per cent, analysts suggest using any dip as a buying opportunity. BLOG: Look who moved the market all through Friday Technically, the market looks indecisive. But it promises to be full of stock-specific actions with Friday being the busiest day of this earnings season. 5 key takeaways from SBI Q3 results Consolidated net interest income jumped 4.38% YoY to Rs 19,659.36 crore. However, the standalone NII advanced 7.7% YoY to Rs 14,751.54 crore. Patel shock seen luring bond bulls after $6 billion selloff "The room for capital gains just went up," said Jan Dehn, the London-based head of research at Ashmore Group Plc, which oversees about $52 billion. Tata Power's Q3 net profit drops 3.8% to Rs 283 crore The power company had reported a standalone profit of Rs 293.81 crore in the corresponding quarter last year.

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