Sunday, February 10, 2008

Sharekhan Top Picks - 08 Feb 08

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Sharekhan Top Picks - 08 Feb 08

In the January 2008 issue, we had recommended the best 12 of our Stock Ideas as Sharekhan Top Picks. As on January 31, 2008 the basket of stocks has declined by 9.7% in the steep fall during the month, which is relatively better than the decline of 13% in Sensex and 16.3% in S&P CNX Nifty. We have made one change in the portfolio. We have replaced Maruti Suzuki with Ranbaxy Labs. The volume growth in Maruti is expected to be subdued in the intermediate term due to high base effect. On the other hand, Ranbaxy has triggers in terms of hiving of R&D into a separate entity and its valuations are also attractive.

* CMP as on January 31, 2008

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