Mindteck India

Considering best future opportunities and build business around it can lead to a future multibagger stories. As 2-3 years before cloud computing technology was in infant stage and we have seen companies like 8k miles have hugely benefited after market has understood the opportunity.

As, Internet of things could be next trigger in upcoming 2-3 years, Mindteck may have taken right step in growing with opportunity by  joining Intel@Internet of Things Solutions Alliance.

We advise investors to keep a close watch and may take initial position based on their risk taking strategy.

Disc. Closely tracking, may consider buying position with further analysis.

Ganesha Ecosphere Repeat

Improving performance 

Double digit growth 

Government push for recycling products are some of the reasons investors should buy this script for longer term horizon. This script was initially recommended around 80, however we still believe there is a significant scope of improvement. Hence, long term investors can accumulate the script in the range from 130-140.

Ratnamani Metals & Tubes Ltd. - Repeat

With Steel sector bottoming out and oil and gas price recovery, Ratnamani metals is likely to improve performance in coming quarters. Investors with more than 1 year time horizon can look into the stock.

A lesson to learn

Recent market fall has taught us a very good lesson, "not to go after euphoria and take benefit of fear of other investors". We did average out stocks which we ended up buying at higher price. Hence, there were no new recommendation since last couple of weeks. We advised our followers to follow the same strategy.