Sunidhi Securities has recommended ` Buy ` on MBL Infrastructures with a price target of Rs 260 as against the current market price (CMP) of Rs 193 in its report dated Apr. 13, 2011. The broking house gave the following rationale: > MBLIL has adopted asset light model wherein it targets specific high potential projects across the EPC and BOT segment.
Posts Tagged ‘broking-house’
KR Choksey recommends `Buy` on Indoco Remedies
KR Choksey has recommended ` Buy ` on Indoco Remedies with a price target of Rs 517 as against the current market price (CMP) of Rs 450 in its report dated Apr. 11, 2011. The broking house gave the following rationale: Domestic formulation business to drive robust growth: Currently domestic formulations business contributes 70% of the total consolidated revenue.
Sushil Finance recommends `Accumulate` on Navneet Publications
Sushil Financial has recommended `Accumulate` on Navneet Publications
Kotak recommends `Buy` on ICICI Bank
Kotak has recommended `Buy` on ICICI Bank with a price target of Rs 1,364 as against the current market price (CMP) of Rs 1,100 in its report dated Apr.
F&O Outlook: Nifty likely to face strong support at 5,700-5,720
“On the lower side Nifty is likely to face strongsupport in the vicinity of 5,700-5,720 level, thelevel (5,700) which consists of the highest OI(i.e. 68.17 lacs shares) among the Nifty putoptions. On the other hand on the higher side
Edelweiss lowers JSW Steel FY12 EPS estimates by 6%
Edelweiss Securities has recommended `Buy` on JSW Steel with a current market price (CMP) of Rs 957 in its report dated Apr.
Sunidhi Sec maintains `Buy` on Ahmednagar Forgings
Sunidhi Sec has recommended `Buy` on Ahmednagar Forgings with a price target of Rs 170 as against the current market price (CMP) of Rs 131 in its report dated Apr. 07, 2011.
Padmakshi maintains `Buy` on Finolex Cables
Padmakshi Financial has recommended `Buy` on Finolex Cables with a price target of Rs 97 as against the current market price (CMP) of Rs 50 in its report dated Apr. 11, 2011. The broking house gave the following rationale: Underutilized capacity and Balance sheet strength to help fund growth The company currently operates at 50% capacity across all its product lines
Angel Broking recommends `Buy` on Sesa Goa
Angel Broking has recommended `Buy` on Sesa Goa with a price target of Rs 382 in its report dated Apr.
Market has major support at 5,820: Mehta Equities
“Indian markets are expected to open flat with some profit booking attempts expected near to days high. On the global space Wall Street ends lower; crude at 2.5 year highs while Asian markets trading firm; Hang Seng, Nikkei up. Overall outlook for the markets today is that of cautious optimism with 5,820 levels as a major support,“ said the broking house Mehta Equities
Angel Broking recommends `Buy` on Infotech
Angel Broking has recommended `Buy` on Infotech Enterprises (Infotech) with a price target of Rs 194 in its report dated Apr. 08, 2011. The broking house gave the following rationale:



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