Buy List

Following shares are mostly cyclical ones and/or Infra related. Most of them are also in the trough of the cycle and are good companies , well managed, good corporate governance or Govt companies which do not have incentive to fudge figures

SAIL   Rs  65   -Steel Industry going thru bad phase, likely to go up with Infra picking up and                                       Industry also likely to see better days after a bad period

NMDC   Rs 130 -Iron ore, Infra based. no debt, excellent cash flow.PE <10 p="">
Coal India Rs 390 - Production likely to go up with renewed focus. Largest mineral ores Company in                                 India. No dearth of capaicty or availability. Constraint was production

Tata Steel   Rs 330-Excellent management. Steel can see better days. Large capacity . High debt but                                    get over the same

NTPC         Rs 140 -Had seen rates of Rs 300+. Well managed and largest power generator

NTPC,NMDC ,Coal India-Could see significant return for the investors from this price

NTPC which was around Rs 250-300 for a long time is now around Rs 140. Of course results in the last one year has ben tepid , what with the coal availability being poor etc. The results are likely to get better with better coal availability now that the coal auctions are over and Govt's is bent on improving power situation.PLF ( Power load factor which was was in early 80 s could see increase to may be 90 + and at that rate the profitability could see incremental gains

NMDC a mineral ores Company saw prices of Rs 300-400 earlier is now Rs 130 plus. Commodity prices have been lower in the past two years but with India's push to betterment of infrastructure this could see much better days. 

Coal India is a a monlith. Private mining could in fact rub off on PSU also. Current price is Rs 380 There will be a tendency to get inertia and in to more productive days.It is Rs 10 share and post split as and when the same happens could see the price getting Rs 70-80

HPCL and BPCL the prices have run up in the last year or so from Rs 400 and Rs 500 to Rs 600 plus and Rs 700 plus

They could see further rise and if things fall in place could even see Rs 2000 plus in a couple of years