Six great stocks Prabhudas Lilladher is bullish on and why

finds a report by Prabhudas Liladher. On a month-on-month as well as on a calendar year-to-date basis,
the BSE Midcap Index punched above its weight, growing 6.1 percent and 20.9 percent, respectively.
A large trigger for the midcaps' strong performance has been domestic tailwinds.
The 10 year G-Sec Yield is trading at 7.04 percent -- lowest in the last seven years.
The increased liquidity is pushing bond yields to move down. With the RBI relying more
on open market operations than on policy rate changes to manage liquidity, the cost of
funds have reduced for the financial services companies and the corporates who use more
of credit substitutes.

Hexaware Technologies : Its performance is heartening against a backdrop of revenue/margin
miss by most mid‐cap peers. Retain 'Accumulate' with a target price of Rs 255 based on 16x CY17
Earings per Share.


Sadbhav Engineering : Sadbhav will be the key beneficiary of strong outlook in road sector and
improving outlook in Mining and Irrigation sector, says Prabhudas, which has a revised target price
of Rs 351.


SpiceJet : SpiceJet's focus on cargo services and other ancillary services like food and beverage is
expected to result in increasing share of cargo services revenues significantly from 2.9 percnt of
sales in FY15. Fleet size expansion will also result in benefits for company. Target price: Rs 115.


VRL Logistics : VRL may emerge as a key beneficiary with almost double-digit
volume growth as we anticipate 20 percent increased availability of GT vehicles
. Further, VRL is much better placed to garner volume shift from unorganised to organized segment.
Target Price: Rs 360.


NIIT Technologies : Fresh order intake for NIIT Tech was at USD 101 million driven by large wins
from USA and UK. Company expects steady growth in remaining of FY17 driven by ramp‐up of deals and
stability in services business. Target Price: Rs 600.


Navneet Education : Navneet’s strategy of subscription-based model is strong point for company
and Prabhudas expects it to deliver exponential growth in revenues over the next 3-5 years.
Target Price: Rs 124.

Buy radico kaitan for 105 target 620 in 36 months

we can buy growing 10 percent per year

Buy aksh optifibire for target 54 in 12 month

we can buy it good track record .

Indian market will stay expensive, outperform -Jhunjhunwala

India is going to be among the fastest growing economy in the world,
it is likely to stay an expensive market and be an outperformer,
says jhunjhunwala sharing his outlook on performance
of global equity markets. Growth in India can hold above
7 percent, jhunjhunwala says, adding, as one of the growth leaders the country will
attract fairly good foreign capital. On global market jitters ahead of the US
Federal Reserve meeting later this month,
Chief Investment Officer, Benson Avenue Capital and asked him about the turnaround seen in US markets.
According to him, the correction seen on Friday in the US markets could have been a one-off event because
of extremely low volatility and because of two catalysts. One, where most Fed watchers have increased their
view that rates are going to rise and two, some indications showing Donald Trump doing better in polls,
which did not go well with people on Friday.
However, now most markets are settling in with the idea that rates are going up. So,
positioning is to stay long equity but be cautious on bonds and that is what is playing
through right now.

Reliance Jio announces free voice calls, cheaper data tariffs

Reliance Industries Chairman Mukesh Ambani today announced free voice calling, zero roaming charges and cheaper data tariffs for Jio customers.

Ambani also announced a 'free welcome offer' for Jio customers from September 5 till December 31. R Jio will offer
users data services free for four months, after which it will offer 10 tariff plans starting at Rs 19 a day for occasional users, Rs 149 a month for low data users and Rs 4,999 a month for heavy data users.




Devoting an hour of his speech at the RIL's 42th Annual General Meeting, the billionaire industrialist said Jio is
targeting 100 million users in a shortest possible time.

The company also announced "super-affordable" handsets under the LYF brand starting Rs 2999.

Ambani said: Customers should pay for only one service, voice or data not both.... Worldwide operators charge only for data, and voice and messages are free... All voice calls for Jio customer will be absolutely free... The era of paying for voice calls is ending. Jio will usher India into the new era.

He said roaming charges will also be nil across India for Jio customers.

Stating that the data must be "affordable", he said Jio's base rate will be one-tenth of the prevailing data rates.
"In our data plans, the effective rates will be 5p per MB or Rs 50 per GB... The more data you use, the lower will be the rate," he said.

Differentiating Jio's 4G services from others in the market, he said that pricing strategy should be "simple" for
every India.

"There are 22,000 telecom tariffs across country. Jio's pricing strategy only has 10 main plans," he said promising
that Jio users would also not face any blackout days such as Diwali and New Year when operators tend to charge double.

Ambani also announced a discount offer for students under which they will get 25 per cent more data on Jio's tariffs.

Under the free welcome offer, which Ambani termed as the largest introductory offer anywhere in the world, the company is offering free data, voice and video "to everyone absolutely free" starting September 5 till December 31, 2016.

BUY ASIAN PAINTS @1150 TARGET 1789 IN ONE YEAR

BUY ASINA PAINTS FOR 1150

AND GET 1789 NEXT DIWALI

Rakesh Jhunjhunwala Latest Portfolio Holdings

Company % Holding No of Shares (in Lakhs) Rs Crore

A2Z Maintenance and Engineering 16.7 123.88 16

Adinath Exim Resources 4.05 1.66 0

Agro Tech Foods 8.2 20 116

Anant Raj 2.12 62.5 35

Aptech 41.57 170.56 124

Aurobindo Pharma 1 30 394

Autoline Industries 10.18 12.51 10

Bilcare 8.51 20.03 10

CRISIL 5.67 40 444

DB Realty 1.03 25 15

Delta Corp 6.84 155 182

Dewan Housing Finance 4 58 237

Escorts 4.08 50 60

Edelweiss Capital 100 55

Federal Bank 1.1 98.5 237



Firstsource Solutions 3.8 250 61

Geojit BNP Paribas Financial 7.88 180 36

Geometric 19.35 122.51 122

Hindustan Oil Exploration Company 1.5 19.61 8

HT Media 15 11

Ion Exchange (India) 6.02 8.75 9

Karur Vysya Bank 3.9 47.5 221

Kesoram Industries 6.83 75 55

Lupin 1.76 78.83 737

Mcnally Bharat Engineering 3.21 9.98 6

MCX 3.94 20 174

NCC 11.54 296.08 89

Orient Cement
9
Pipavav Defence and Offshore 1.43 105 48

Polaris Consulting & Services Ltd 4.99 38.18 64.91

Prakash Industries 8.45 150.02 70

Prime Focus 6.14 113.95 38

Prozone Capital Shopping Centres 2.46 37.5 6

Rallis India 10.34 201.06 472

Radico Khaitan 6.85 11.5

SpiceJet 1.92 100 19

Sterling Holiday Resorts 3.47 31.3 78.25

Titan Company 9.05 804.66 1,799

TV18 Broadcast 1.34 229.4 56

VIP India 6.7 95.8 92

Viceroy Hotels 14.64 62.08 12

Jet Airways 1.05 11.95

BUY RADICO KHAITAN @108-115 -recommend

TARGET -180 IN 7-12 MONTH

@BN PANDEY-ANALYST