The year 2007 has been another spectacular one for India with its growth story accepted globally. The Sensex touched the 20K mark backed by surging liquidity and we believe that the party is far from over. With India on a strong fundamental footing, there is little risk to growth (most risks external in nature). Equities will continue to mirror India ’s economic prowess and we have handpicked 15 companies that will spice up your portfolio on the eve of Diwali.
| Sector | Company | Target (Rs) | Upside (%) |
| Breweries | Radico Khaitan | 223 | 33 |
| Construction | Patel Engineering | 1,017 | 42 |
| Construction | Punj Lloyd | 770 | 50 |
| Consumer | Voltas | 265 | 28 |
| Engineering | Greaves Cotton | 435 | 32 |
| Logistics | Gati | 144 | 33 |
| Media | Deccan Chronicle | 248 | 31 |
| Metals | Sesa Goa | 4,350 | 25 |
| Oil Allied Services | Alphageo | 873 | 46 |
| Power | Bharat Bijlee | 4,455 | 30 |
| Power | Genus Power Infra | 818 | 30 |
| Power | Indo Tech | 854 | 30 |
| Retail | Pantaloon Retail | 874 | 35 |
| Software | Allied Digital | 618 | 41 |
| Software | 3i Infotech | 240 | 82 |