Titagarh Wagons Ltd. (TWL)
This stock is in our recommendation list since last 2 years. It has given 5x returns during the given period. We continue to emphasize buying the stock in the zone of 110 to 130 for medium to long term. Immediate short term target after breakout above 130 would be 145. Whereas long term investors can hold it for next 2 to 3 years for a target of 180 & 240. This company is leader in Wagon manufacturing in India. The way railway is modernizing, it seems that there is certainly bright future for this company. Recent technology tie ups will give a boost to this company. We are holding it & recommend to buy for further investments.