Posts Tagged ‘broking-house’

MAPESPL recommends `Buy` on Andhra Bank

MAPESPL (MAPE Sec) has recommended ` Buy ` on Andhra Bank with a price target of Rs 191 as against the current market price (CMP) of Rs 154 in its report dated Apr. 05, 2011

MAPESPL recommends `Buy` on City Union Bank

MAPESPL (MAPE Sec) has recommended ` Buy ` on City Union Bank with a price target of Rs 57 as against the current market price (CMP) of Rs 49 in its report dated Apr. 05, 2011.

Angel Broking maintains `Buy` on Tata Motors

Angel Broking has recommended `Buy` on Tata Motors with a price target of Rs 1,456 as against the current market price (CMP) of Rs 1,254 in its report dated Apr. 06, 2011. The broking house gave the following rationale: > TML reported 10.9% yoy (7.5% mom) growth in total volumes, led by better-than-expected numbers in the CV segment; however, PV sales came in slightly below expectations.

Angel Broking maintains `Buy` on Maruti Suzuki

Angel Broking has recommended `Buy` on Maruti Suzuki with a price target of Rs 1,522 as against the current market price (CMP) of Rs 1,300 in its report dated Apr. 06, 2011

Angel Broking maintains `Buy` on M&M

Angel Broking has recommended `Buy` on Mahindra & Mahindra (M&M) with a price target of Rs 881 as against the current market price (CMP) of Rs 744 in its report dated Apr.

MAPE Sec recommends `Hold` on DCB

MAPESPL (MAPE Sec) has recommended ` Hold ` on Development Credit Bank (DCB) with a price target of Rs 40 as against the current market price (CMP) of Rs 49 in its report dated Apr. 05, 2011. The broking house gave the following rationale: New management working on growth strategy: We do not intend to compare DCB with its peer group as the bank is going through strategic shift (FY2009-2013) under the new CEO Murali M Natarajan, who has joined from Standard…

MAPE Sec recommends `Buy` on Dena Bank

MAPESPL (MAPE Sec) has recommended ` Buy ` on Dena Bank with a price target of Rs 135 as against the current market price (CMP) of Rs 108 in its report dated Apr. 05, 2011. The broking house gave the following rationale: Improving core ROE: We expect Dena bank`s core ROE to be c

Emkay retains `Accumulate` on Tata Steel

Emkay has recommended `Accumulate` on Tata Steel with a price target of Rs 336 as against the current market price (CMP) of Rs 314 in its report dated Apr. 06, 2011

PINC Research maintains `Buy` on Bajaj Auto

PINC Research has recommended ` Buy ` on Bajaj Auto with a price target of Rs 1,649 as against the current market price (CMP) of Rs 1,458in its report dated Apr. 05, 2011. The broking house gave the following rationale: Bajaj Auto (BJAUT) dispatches for the month of March 2011 were up 12% to 308,000

Way2Wealth maintains `Buy` on IndusInd Bank

Way2Wealth Securities has recommended `Buy` on IndusInd Bank with a price target of Rs 328 as against the current market price (CMP) of Rs 264 in its report dated Apr. 04, 2011.

PINC Research maintains `Buy` on TVS Motor

PINC Research has recommended ` Buy ` on TVS Motor with a price target of Rs 82 as against the current market price (CMP) of Rs 62 in its report dated Apr. 05, 2011.

PINC Research maintains `Hold` on Maruti Suzuki India

PINC Research has recommended ` Hold ` on Maruti Suzuki India with a price target of Rs 1,368 as against the current market price (CMP) of Rs 1,301 in its report dated Apr. 05, 2011. The broking house gave the following rationale: Maruti (MSIL) dispatches for the month beat our expectation with a growth of 28.2% to 1, 22,000 units as against our estimate of 11,000 units

PINC Research maintains `Buy` on M&M

PINC Research has recommended ` Buy ` on Mahindra & Mahindra (M&M) with a price target of Rs 903 as against the current market price (CMP) of Rs 744 in its report dated Apr. 05, 2011. The broking house gave the following rationale: Mahindra and Mahindra (M&M) dispatches for the month of March 2011 remained impressive across various categories

Firstcall Research maintains `Buy` on Lupin

Firstcall Research has recommended `Buy` on Lupin with a price target of Rs 479 as against the current market price (CMP) of Rs 416 in its report dated Apr. 02, 2011. The broking house gave the following rationale: > At the current market price of Rs 416.30, the stock is trading at 20.77 x FY11E and 17.99 x FY12E respectively.