Daily Ideas – 29.01.2018

Buy!
IL&FsTrans@81 (could get benefited from budget also), 6-12M TGT 150;
KEI@390, 6-12M TGT 535;
Havells@592, 6-12M TGT 640;
Cipla@620,6-12M TGT 900;
LT@1437, 6-12M TGT 1800;

IPO ideas!

Today is the listing of Newgen Software Technologies Ltd.
Sell
Newgen@264, book profit, sell 40-60% shares;

Apply for new IPO Galaxy Surfactants Ltd. Opens from today, issue price-1480, bid lot-10 shares, total investment for 1 lot-14800, issue closes on 31Jan18, listing TGT 1800-2100;

Right Issue info!

Today is the last day for buy Tata Steel (for taking buyback opportunity), buy shares Of Tatasteel, ratio 4:25 (you will get 4 shares for every 25 shares you hold in your DMAT), right issue price-510, market price-788, record date-1st Feb 18, issue will open on 14 Feb 18 & close on 28th Feb 18, buy shares upto 2 lacs amount for retail category (heightest buyback percentage in this category)