2 October 2007




Strategies for this week:
Divis lab.(Dlab)
VIEW BULLISH
BUY ABOVE 1360
TRAG1:1410
TARG 2:1567



Dr. Reddy's Lab (DRREDD)
View: Bullish
Buy Above Rs 655
Target 1: Rs 673
Target 2: Rs 685
Stop-loss: Rs 648.10
Lot size: 400

Tata Chemicals (TATCHE)

OUTPERFORMER
Current price : Rs 286 Target price : Rs 374
Potential upside : 36% Time Frame : 12 months


The acquisition of Brunner Mond in Aug 2006 propelled Tata Chemicals (TCL) into the league of global soda ash majors. The Brunner Mond Group has manufacturing facilities in the UK, Netherlands and Kenya. The capacity of the Magadi plant in Kenya has been doubled from 3.5 lakh tonnes to 7 lakh tonnes. We expect the expanded capacity to operate at 38% utilization levels in FY08E and attain full utilization from next year onwards.
WE HAVE STARED YOUR PAID WEB THOSE WHO WANTT REGISTERED WITH US CONTACT AT USASPARROW@YAHOO.COM

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