Posts Tagged ‘broking-house’

Angel Broking maintains `Buy` on IVRCL Infra

Angel Broking has recommended `Buy` on IVRCL Infrastructure (IVRCL) with a price target of Rs 126 in its report dated Mar. 17, 2011. The broking house gave the following rationale: IVRCL Infrastructure (IVRCL) has bagged orders aggregating to Rs 5,646 million in its power, buildings and transportation divisions

Accumulate Ultratech on declines: Kotak

Kotak Securities has recommended `Accumulate ` on Ultratech Cements with a price target of Rs 1,046 as against the current market price (CMP) of Rs 1,027 in its report dated Mar. 17, 2011

Kotak recommends `Accumulate` on Grasim Industries

Kotak Securities has recommended `Accumulate ` on Grasim Industries with a price target of Rs 2,710 as against the current market price (CMP) of Rs 2,436 in its report dated Mar. 17, 2011.

Sharekhan maintains `Buy` on Lupin

Sharekhan has recommended `Buy` on Lupin with a price target of Rs 520 as against the current market price (CMP) of Rs 380 in its report dated Mar. 15, 2011.

Emkay retains `Buy` on Tata Motors

Emkay has recommended `Buy` on Tata Motors with a price target of Rs 1,520 as against the current market price (CMP) of Rs 1,144 in its report dated Mar.

Coromandel Int`l EBITDA margins to improve by 600 bps to 15.3% in FY12E: Emkay

Emkay has recommended `Buy` on Coromandel International with a price target of Rs 435 as against the current market price (CMP) of Rs 287 in its report dated Mar.

Emkay recommends `Buy` on Greaves Cotton

Emkay has recommended `Buy` on Greaves Cotton with a price target of Rs 111 as against the current market price (CMP) of Rs 85 in its report dated Mar. 14, 2011.

Asit C Mehta maintains `Buy` on GSFC

Asit C Mehta has recommended `Buy` on Gujarat State Fertilizers & Chemicals (GSFC) with a price target of Rs 473 as against the current market price (CMP) of Rs 366 in its report dated Mar. 14, 2011

SKP Sec recommends `Hold` on Jay Shree Tea

SKP Securities has recommended ` Hold ` on Jay Shree Tea & Industries with a price target of Rs 192 as against the current market price (CMP) of Rs 164.40 in its report dated Mar. 14, 2011

F&O Outlook: Nifty likely to face strong support at 5,450-5,480

“On the lower side Nifty is likely to face strong support in the vicinity of 5,450-5,480 level, the level (5,400) which consists of the highest OI (i.e. 108.41 lacs shares) among the Nifty put options. On the other hand on the higher side Nifty is likely to face strong resistance in the vicinity of 5,620-5,640 level, the level (5,600 which consists of the third highest in OI (i.e.

Tragedy continues…crash at open

“The worse fears of a major nuclear catastrophe in Japan seem to be coming true following a new explosion which has struck Japan`s embattled Fukushima nuclear power plant. Japanese prime minister has confirmed high risk radiation leak from the Fukushima plant and has urged people to stay calm,“ said the broking house India Infoline. We are set for a gap-down start in India.

Market braced for a steep slide on global turmoil: Geojit

“The market is likely to open sharply lower as global equities remained under pressure on concerns about the pace of the economic growth following the massive quake that struck Japan on Friday, Mar. 11, 2011.

Emkay recommend `Accumulate` on Hexaware Technologies

Emkay has recommended ` Accumulate ` on Hexaware Technologies with a price target of Rs 66 as against the current market price (CMP) of Rs 55 in its report dated Mar. 11, 2011. The broking house gave the following rationale: Revenue growth momentum to uplift financial performance: Hexaware, like other mid tier peers, bore the brunt of downturn during late FY09/early FY10 as its historical policy of a horizontal led sales strategy adversely impacted its revenues….

Canara Bank deal would augur well for Wipro: Angel Broking

Angel Broking has recommended `Accumulate` on Wipro with a price target of Rs 507 in its report dated Mar. 11, 2011. The broking house gave the following rationale: Wipro has signed a five-year strategic contract to drive Canara Bank`s Regional Rural Bank (RRB) initiative.