In last one year, our stock market has grown as much as was possible with decisively crossing its lifetime high. With this momentum and rapid buying of FIIs in our market, many small cap stocks also have grown leading many of them to make new lifetime high. Among top small-caps, we have research on the following small-caps given below.
Being an indian engineering company, escorts operates in the segments of agri-machinery, construction and material handling equipment, railway equipment and auto components. Under the business of agri-machinery, company manufactures tractors under the brand names of Farmtrac, Powertrac and Steeltrac. It has four manufacturing plants in Faridabad and one subsidiary unit in Poland with a name of Farmtrac Europe.
Escorts was remain as a top Small-Cap stock in last one year. From levels of Rs.132 one year ago, stock is now around Rs.512. Crossing its lifetime high, escorts has gathered interest of many new investors. Through analysing fundamentals and technical charts, i think this rise in stock would sustain and would lead to the levels of Rs.560. But although, stock is not a great choice for long-term because it had already gave almost triple returns in last one year. However, traders can use escorts stock to make some profit with short-term view.
Lakshmi villas Bank
Lakshmi Villas Bank was founded in 1926 with a objective of catering financial needs of people in and around Karur who were occupied in trading businesses, industry and agriculture. Their headquarters is situated in Chennai, Tamil Nadu. From 1974, the bank started expanding its branch network beyond Tamil Nadu to benefit from opportunities in the pan-Indian market.
Lakshmi villas bank is among the top banking stock in terms of growth achieved in last one year. From levels of Rs.80, stock is now at Rs.165 means double returns in last one year. During Q3, company saw a rise of 70 percent in its profit. With the hope of continuous growth in Bank having great potential, one can hold this for target of Rs.212.
Delta Corp Limited is a major Indian Casino company that also run businesses of hospitality and real estate. It owns and operates casinos and hotels under several brands. The company operates casinos in three Indian states: Goa, Daman and Sikkim. The company also owns a 35% equity share in Advani Hotels & Resorts India Limited.
After big investment made by Reliance mutual fund in Delta Corp, we saw a sharp rise in stock. But due to some circumstances, stock price starts to deplete and reaches level of Rs.100. But now again stock is near to its 52 week high. Fundamentals of company are really good. But the present market value of stock seems to be little high. Around levels of Rs.110 stock was very attractive but levels of Rs.170-180 seems to be very risky for short-term investor. However with long-term view, stock can give some good returns. But I would advice to stay away from this stock if you are going to invest some money for short-term. Investor can use the money anywhere else in stock market.
JM Financial offers a wide range of finanacial services to corporations, financial institutions, high net-worth individuals and retail investors. During the year 2004, the company had changed its name from JM Share & Stock Brokers to JM Financial Limited. The Company has interests in investment banking, institutional equity sales, trading, research and broking, private and corporate wealth management, equity broking and few others.
In last one year, stock had give almost three-times return from levels of Rs.35. Quarterly profit and income of company are good. Management of company is really great which clearly reflect in dividend paying history. However, future of all the financial companies is going to be a scene of watchout. My view for any investment in JM financial stock is positive for both short-term and long-term. But truely, i am not much extreme bullish on stock. If a investor wants to earn a great return in short-term and also wants to stay in financial Space. I would like to advice to invest in other financial stocks like Muthoot Finance who has not performed as much capable till now with a target of Rs.428.
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