PINC Power Picks: March 2011

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P I N C     P OW E R PICK S (Click on name for report)

• ASHOK LEYLAND: BUY, TP-Rs76 (40% upside)

• BAJAJ AUTO: BUY, TP-Rs1,649 (22% upside) 

• GODAWARI POWER: BUY, TP-Rs272 (58% upside)

• HCL TECH: BUY, TP-Rs615 (33% upside) 

• IRB INFRA: BUY, TP-Rs269 (45% upside) 

• JAGRAN PRAKASHAN (JPL): BUY, TP-Rs165 (42% upside)

• JYOTHY LABS: BUY, TP-Rs281 (19% upside) 

• LUPIN: BUY, TP-Rs537 (36% upside) 

• Mahindra & Mahindra: BUY, TP-Rs903 (36% upside) 

• NESTLE: SELL, TP-Rs3,208 (17% downside) 

• NIIT TECH: BUY, TP-Rs300 (63% upside) 

• PHOENIX MILLS LTD: BUY, TP-Rs240 (41% upside)

• TATA STEEL: BUY, TP-Rs817 (36% upside)

• ULTRATECH CEMENT: BUY, TP-Rs1,177 (14% upside)

• USHA MARTIN: BUY, TP-Rs82 (56% upside)

(Click on name ABOVE for report)