The document provides a list of 64 stocks across various sectors that Angel Broking recommends buying (BUY). For each stock, it provides the company name, market capitalization, current market price (CMP), 12-month target price, expected percentage upside return, and dividend yield. Many of the recommended stocks are expected to provide double-digit upside returns over the next year.

1. ANGEL TOP PICKS
India Research
Sensex: 18032 Nifty: 5415
Sr. No Name of Company Market Cap Strategy CMP Target % Upside Div Yield%
(Rs. Cr) Return
Agro Cem/ Agro Food Processing/ Fertilizers
1 United Phosphorus Ltd. 8,093 BUY 184 228 24 1.1
Automobiles
2 Mahindra & Mahindra Ltd. 35,255 BUY 609 772 27 1.6
3 Tata Motors Ltd. 50,205 BUY 991 1,214 22 1.5
Auto Ancillaries
4 Automotive Axles Ltd. 679 BUY 449 578 29 0.6
5 Ceat Ltd. 513 BUY 150 225 50 2.7
6 FAG Bearings India Ltd. 1,338 BUY 805 931 16 0.6
7 JK Tyre & Inds. Ltd. 697 BUY 170 238 40 2.1
8 Subros Ltd. 293 BUY 49 60 23 1.0
Banking & Financial Services
9 Axis Bank Ltd. 54,228 BUY 1,328 1,688 27 0.9
10 Federal Bank Ltd. 5,915 BUY 346 409 18 1.4
11 HDFC Bank Ltd. 98,268 BUY 2,131 2,514 18 0.6
12 ICICI Bank Ltd. 111,065 BUY 968 1,211 25 1.2
13 Indian Overseas Bank Ltd 6,862 BUY 126 147 17 3.3
Capital Goods
14 Elecon Engineering Company Ltd. 820 BUY 88 107 21 1.7
15 Graphite India Ltd. 1,719 BUY 93 117 25 3.8
16 Jyoti Structures Ltd. 1,122 BUY 137 215 57 0.7
17 KEC International Ltd. 2,381 BUY 463 648 40 1.3
18 Mcnally Bharat Engg. Company Ltd. 863 BUY 277 406 46 0.5
Cement
19 India Cements Ltd. 3,282 BUY 107 139 30 1.9
20 JK Lakshmi Cement Ltd. 734 BUY 60 92 53 4.2
21 Kesoram Industries Ltd. 1,370 BUY 293 437 49 1.8
22 Madras Cements Ltd. 2,457 BUY 103 139 35 1.9
23 Ultratech Cement Ltd. 25,118 BUY 917 1,087 19 0.7
Hotels
24 Taj GVK Hotels & Resorts Ltd. 1,009 BUY 161 240 49 1.2
Infrastructure
25 IVRCL Infrastructures & Projects Ltd. 4,143 BUY 155 216 39 0.5
26 Jaiprakash Associates Ltd. 24,018 BUY 113 174 54 0.9
27 Madhucon Projects Ltd. 1,113 BUY 151 174 15 0.5
28 Nagarjuna Construction Company Ltd. 3,899 BUY 152 201 32 0.9
29 Patel Engineering Ltd. 2,580 BUY 370 565 53 0.5
30 Punj Lloyd Ltd. 3,600 BUY 108 156 44 0.1
31 Simplex Infrastructures Ltd. 2,327 BUY 470 573 22 0.4
Information Technology
32 3I Infotech Ltd. 1,142 BUY 60 100 68 2.5
33 Educomp Solutions Ltd. 5,312 BUY 557 734 32 0.4
34 Infotech Enterprises Ltd. 1,762 BUY 159 192 21 1.3
35 Mphasis Ltd. 13,071 BUY 623 872 40 0.6
36 NIIT Ltd. 1,111 BUY 67 83 23 2.1
37 Tech Mahindra Ltd. 8,113 BUY 651 950 46 0.5
38 Wipro Ltd. 97,645 BUY 398 470 18 1.5
August 30, 2010 1

2. ANGEL TOP PICKS
India Research
Sr. No Name of Company Market Cap Strategy CMP Target % Upside Div Yield%
(Rs. Cr) Return
Logistics
39 Allcargo Global Logistics Ltd. 2,172 BUY 166 195 17 0.6
40 Gateway Distriparks Ltd. 1,128 BUY 105 123 18 3.3
Media
41 Deccan Chronicle Holdings Ltd. 3,101 BUY 127 193 52 1.6
42 Jagran Prakashan Ltd. 3,804 BUY 126 154 22 2.8
43 PVR Ltd. 429 BUY 167 199 19 0.6
Metals
44 Electrosteel Castings Ltd. 1,608 BUY 49 72 46 2.5
45 Godawari Power & Ispat Ltd. 600 BUY 214 313 46 1.2
46 Hindalco Industries Ltd. 31,908 BUY 167 204 22 0.8
47 Hindustan Zinc Ltd. 44,888 BUY 1,062 1,227 15 0.6
48 JSW Steel Ltd. 21,276 BUY 1,137 1,344 18 0.8
49 Prakash Industries Ltd. 2,256 BUY 181 232 28 0.0
50 Sarda Energy & Minerals Ltd. 819 BUY 241 290 21 1.2
51 Sterlite Industries (India) Ltd. 51,348 BUY 153 228 49 2.8
52 Tata Steel Ltd. 47,632 BUY 528 702 33 1.5
Oil & Gas
53 GAIL (India) Ltd. 58,287 BUY 460 534 16 1.5
54 Reliance Industries Ltd. 310,082 BUY 948 1,260 33 0.7
55 Shiv-Vani Oil & Gas Exploration Services Ltd. 2,026 BUY 437 539 23 0.2
Pharmaceuticals
56 Alembic Ltd. 796 BUY 60 74 24 0.8
57 Cadila Healthcare Ltd. 12,538 BUY 612 714 17 1.2
58 Cipla Ltd. 24,453 BUY 305 360 18 0.7
59 Dishman Pharmaceuticals & Chemicals Ltd. 1,582 BUY 196 279 42 0.6
60 Indoco Remedies Ltd. 508 BUY 413 541 31 1.7
61 Lupin Ltd. 16,272 BUY 365 420 15 0.7
Power
62 CESC Ltd. 4,702 BUY 376 470 25 1.1
63 Gujarat Industries Power Company Ltd. 1,728 BUY 114 135 18 2.2
64 NTPC Ltd. 161,487 BUY 196 230 17 1.9
65 PTC India Ltd. 3,474 BUY 118 136 15 1.3
Real Estate
66 Anant Raj Inds. Ltd. 3,779 BUY 128 178 39 0.5
67 Housing Development & Infrastructure Ltd. 9,672 BUY 260 302 16 0.0
Shipping
68 ABG Shipyard Ltd. 1,195 BUY 235 271 15 0.9
69 Great Eastern Shipping Company Ltd. 4,523 BUY 297 396 33 2.7
Miscellaneous
70 Essel Propack Ltd. 756 BUY 48 58 20 0.7
71 Finolex Cables Ltd. 881 BUY 58 85 48 1.0
72 Greenply Industries 492 BUY 223 291 31 0.7
Note:
1) The investment horizon is for 12 months.
2) Dividend yield is calculated taking figures from the dividends paid by the companies in the latest financial year.
Disclaimer: Ours is an advisory role. The final decision and consequences based on our information is solely yours. Moreover, in keeping with regulatory
guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not
predictions and may be subject to change without notice.
Call us on (91) (022) 39527000 Ext. 105/146/124 or e-mail us on advisory@angeltrade.com
Research & Investment Advisory :
B-wing, 5th Floor, Acme Plaza, M.V. Road, Andheri (E), Mumbai 400 059.
August 30, 2010 2