Buy Indraprastha Gas Ltd.

Target Price:  Rs234
CMP: Rs 182.45

Indraprastha Gas Ltd (IGL), is in the business of City Gas Distribution (CGD) in the National Capital Region (NCR). Vast untapped potential, inelastic nature of demand and the first mover advantage makes IGL a low risk high growth proposition for investment.

• Key Investment Highlights

Buy Mundra Port & Special Economic Zone Ltd.

Target Price: Rs.647.00
CMP: Rs.562.15

SYNOPSIS

• Mundra Port and Special Economic Zone Limited (MPSEZ), India’s largest private port and special economic zone.

• Mundra Port provides cargo handling and other value-added port services.

• Mundra SEZ is India’s first port-based multi-product SEZ.

• Mundra port bags a $ 520 million joint venture between Alston and Bharat Forge will set up an equipment manufacturing facility at its SEZ.

• During the quarter Mundra Port bags project from Mormugao Goa.

• During the quarter MPSEZL has been awarded LOI by the Hazira Port Pvt Ltd for development of non LNG port facilities at Hazira.