The following small cap (capital) and mid cap companies are having good fundamentals and generated good profits in last 3 years.

Taking into consideration their current they are expected to provide good returns in next 2 years

Note -
In long term in 2 to 3 years these stocks will provide good returns but there are high probabilities that the stock prices may go
up in between due to good posting of financial results so in such cases it is better to book profit instead of waiting for 2 or 3 years.
Small Cap and Mid Cap Stocks
1. Sterlite Technologies Ltd
Current price - Rs 77
Target - 50 to 70%
Duration - 2 years

2. India Infoline Ltd
Buying price - Below Rs 80
Target - 50 to 60%
Duration - 2 years

3. IL&FS Investment Managers Ltd
Current price - Rs 43.55
Target - 50 to 70%
Duration - 2 years

4. Bajaj Electricals Ltd
Current price - Rs 226
Target - 60 to 70%
Duration - 2 years

5. Ratnamani Metals & Tubes Ltd
Current price - Rs 126
Target - 50 to 60%
Duration - 2 years
6. PSL Ltd
Current price - Rs 64
Target - 50 to 70%
Duration - 2 years

7. HBL Power Systems Ltd
Current price - Rs 26
Target - 70 to 80%
Duration - 2 years

8. Orient Paper & Industries
Current price - Rs 56
Target - 60 to 70%
Duration - 2 years

9. Engineers India Ltd
Current price - Rs 348
Target - 50 to 60%
Duration - 2 years

10. Walchandnagar Industries Ltd
Buying price below  Rs 175
Target - 50 to 60%
Duration - 2 years
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Posted - 13 July 2010
Update - 04 Dec 2010