Tuesday, October 12, 2010

Buy Repro India

Repro India 128.70 -0.65(-0.50%) NSE

Repro India is clearly showing bullish signs on charts and is a great buy at this point. Buy and hold for 3 months.

Fundamentally, it makes sense to accumulate stocks with good dividend yield and high book value. Repro with a P/B of 1.09 and dividend yield of 2.34% is a great pick at this point.

However, stay invested for a capped upside of 5-10% more on Sensex post which we should see another leg of fall.


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