Multibaggers for the year 2008

Query: Can you give 10 scrips which have a face value of Rs.10 and have a premium of below Rs.100 whcih can outperform in 2008. Or can you suggest some stocks that can become a multibagger in 2008. What are your views in Factor Steel,Western Shipyard and HFCL? Ashok

Thebullishtrends: You can go for UCO Bank/Vijaya Bank these two are available in lower prices. But we are suggeting you to take IDFC,GMR Infra and Bartronics in current levels as these stocks are fundamentally very bullish and can perfrom very well for the year 2008.

After it's application for telecom biz, rejected by DOT, HFCL(Cmp:Rs.51.65) counter is facing selling pressure. Technically the share price has to settle between Rs.41-45 hence we are not advising you this stock at this movement. Similiarly we are not advising you Western India Shipyard(CMP:Rs.41.80) as the financials are not upto the mark the scrip is still bearing losses. If you are having already Facor Steels (Cmp:Rs.14.68) then hold it for some more days.