The scrip of Bajaj Hindusthan is all set to scale new heights, after its consolidation in the Rs 222 - 225 zone, just now. Earlier, this consolidation was in Rs 195 - 205 zone, which was surpassed in a swift manner, taking the stock to above Rs 140 level, just 20 days back. Now, the 2nd consolidation is over at around Rs 225 zone, and it will take this stock to Rs 265+ level, very shortly. The next 1 week are going to be very crucial, as many companies are likely to announce their results, like Balrampur Chini (25th), Shree Renuka Sugars (20th), etc, which is going to be very very impressive. In case of Sakthi Sugars, whose result was announced recently, the PAT for the Quarter Sept, 2009 ; has zoomed by about 400%. The co, Bajaj Hindusthan`s performance is going to be still better, Kyonki Sher akhir sher hi rahega... Apart from the huge profit due to 100% appreciation of sugar prices in the last 1 year, this sugar company is also going to be handsomely benefitted due to the UP govt`s 30% increase in the power produced by co-gen, based on sugarcane `Bagasse` (aam ke aam , guthliyon ke daam), which will enable this co, to produce power all the 12 months, using coal also. Last year, it sold about 80 crores of co-gen power produced, this time it may increase to Rs 135 crore level, further boosting its profits. The scrip of Bajaj Hindusthan, keeping all these factors in mind, is all set to scale to Rs 165 + level in the next few days. Therefore, grab it at the current levels to have sweet, sugary benefits...Its almost sure shot, without any downside risk. Best of wishes