Take Three - High Risk High Return

Amex Info - Biometrics & BPO

This scrip is showing some strength with huge volumes. The company's website www.amexit.com shows some exciting businesses under its fold but surprisingly there are no news flow. Balance Sheet looks ok. I am putting my money on it for short term target of Rs. 52.00 with a strict stop loss of Rs. 26.00.

Carol Info - Have Patience Will Earn

Carol Info Services (formerly Wockhardt Life Sciences) is a company which many good analysts are recommending for Long Term. But again, I am finding it very difficult to gather information about this company. I learnt that the company has a lot of cash in its books and surely it will do something with the cash. I feel that Wockhardt will expand its Hospitals through this company. If anybody has its Annual Report or definite information, please let me know about it.

NRB Bearings - Rolling Profits

NRB is into manufacturing Needle Roller Bearings and enjoys virtual monopoly in Indian Markets. NRB, which in November bought back for $13 million the entire 26 percent stake held by Timken France SAS, is forecast to post a 30 percent growth in 2005/06 profit to 355 million rupees on net sales of 2.55 billion, an 18.6 percent growth, according to Reuters Estimates. Similarly profit for 2006/07 is expected to grow 28.5 percent to 456 million on net sales of 3.02 billion rupees, up 18.4 percent.

NRB, whose largest customer is top commercial vehicle maker Tata Motors Ltd., is already growing at twice the rate of a 25 billion rupee bearing industry expanding at 10 percent a year. Last but not the least, when promotors start buying shares from the secondary market then you know how strong the belief is.