Smart Stock Picks @ June 7 , 2011

Stock recommendation by various brokerages house. Here I try to sort out very few of the thousands of recommended by various experts. And for this wee I have listed two mid cap stocks which are likely to give very good returns in the coming months. Buy and hold these stocks for few months preferably for two to three months then see the effect of holding and growing money.

• Provogue : -This stock has always been a market out performer but for last one year has not delivered the goods for some reasons but if we take into the account the earning of FY 12 and FY 13. The core business is valued at INR 45 and the value of reality business is INR 37 which at any time can be unlocked and the resultant effect would be sharp jump in the stock prices and the news officially comes out of the boardroom to dalal street.

The current price of Provogue at on today closing date is INR 39 and target is round 82 to 90 in coming days.

• Genus Power Infra :- The company's order inflow and execution have been below expectations. The stoc has seen a sharp fall and is now at quite an attractive level. At the current market price of INR 16 the valuation are very much attractive at 3.4 times FY 13E (EPS) while it dicounts its FY12 book value by 0.6 times.

Therefore start taking position in Genus Power Infra at these levels and wait for 2 to 3 months so that stock starts to give the smart returns , buy genus power infra for a target of 23 to 25 in coming days. ( Source own research, brokerage research reports and print media )