Mid-term Pick: Madhucon Projects

Cooling commodity prices will benefit MPL, as it has orders with fixed price contracts. It will also be one of the biggest beneficiaries of the improving liquidity.

By ET Bureau | Oct 14, 2009, 01.32 AM IST

Market price: Rs 247
Target price: Rs 305

Cooling commodity prices will benefit MPL, as it has orders with fixed price contracts. It will also be one of the biggest beneficiaries of the improving liquidity.

Moreover, certain triggers (power and coal business) are still not priced in and it is trading at substantial valuation discount to peers.

Not making enough money in stocks? Click here for real-life stories of successful investors.

Too busy to trade in stocks? Invest in Mutual Funds with ET Money!