Claris Lifescience <—- Click here for details
Claris Lifesciences Ltd. is in process of buy back of 15% of the total number of Equity shares which held by the investors to the buyback price of Rs.250. This process will complete on 22th may, 2014. I am expecting effect in price and recommending to “BUY” Claris Lifesciences Ltd. With target of 190-200.
Bajaj Corp Ltd. <—- Click here for details
Bajaj Corp Ltd. has leading market share in Almond drop hair oil and also leading market share in Light hair oil segment. Company has included Nomarks brand in product portfolio which contributing value to company’s revenue. After acquiring Nomarks brand company’s products portfolio not only remain limited to hair oil segments.
Currently company trading at TTM PE of 21.00x and TTM EPS of Rs.10.10, and it’s expected that TTM PE of 22.40x and TTM EPS of Rs.10.78-11 so that upside in this stock can be Rs.240-250 so accumulate “Bajaj Corp Ltd.” for the horizon of 15-18 months.