Posts Tagged ‘cmp’

Prabhudas Lilladher recommends `Accumulate` on Bajaj Auto

Prabhudas Lilladher has recommended `Accumulate` on Bajaj Auto with a price target of Rs 1,514 as against the current market price (CMP) of Rs 1,438 in its report dated Apr. 6, 2011

Prabhudas Lilladher recommends `Reduce` on Hero Honda

Prabhudas Lilladher has recommended `Reduce` on Hero Honda with a price target of Rs 1,517 as against the current market price (CMP) of Rs 1,643 in its report dated Apr.

Prabhudas Lilladher recommends `Accumulate` on Ashok Leyland

Prabhudas Lilladher has recommended `Accumulate` on Ashok Leyland with a price target of Rs 66 as against the current market price (CMP) of Rs 58 in its report dated Apr.

Prabhudas Lilladher recommends `Accumulate` on Exide Industries

Prabhudas Lilladher has recommended `Accumulate` on Exide Industries with a price target of Rs 155 as against the current market price (CMP) of Rs 148 in its report dated Apr.

Prabhudas Lilladher recommends `Accumulate` on Bharat Forge

Prabhudas Lilladher has recommended `Accumulate` on Bharat Forge with a price target of Rs 404 as against the current market price (CMP) of Rs 361 in its report dated Apr. 6, 2011. The broking house gave the following rationale: We expect the top-line to grow by 9.0% QoQ, mainly led by 14% sequential improvement in the export revenues

Prabhudas Lilladher recommends `Accumulate` on Motherson Sumi

Prabhudas Lilladher has recommended `Accumulate` on Motherson Sumi Systems with a price target of Rs 226 as against the current market price (CMP) of Rs 216 in its report dated Apr. 06, 2011

Prabhudas Lilladher recommends `Accumulate` on Amara Raja

Prabhudas Lilladher has recommended `Accumulate` on Amara Raja Batteries with a price target of Rs 223 as against the current market price (CMP) of Rs 188 in its report dated Apr. 6, 2011.

Prabhudas Lilladher recommends `Accumulate` on Tata Chem

Prabhudas Lilladher has recommended `Accumulate` on Tata Chemicals with a price target of Rs 377 as against the current market price (CMP) of Rs 354 in its report dated Apr. 06, 2011. The broking house gave the following rationale: TCL`s net sales are expected to grow by 16% YoY to Rs 26.5 billion

Prabhudas Lilladher recommends `Accumulate` on Jain Irrigation

Prabhudas Lilladher has recommended `Accumulate` on Jain Irrigation with a price target of Rs 220 as against the current market price (CMP) of Rs 184 in its report dated Apr. 06, 2011.

Emkay maintains `Accumulate` on eClerx

Emkay has recommended `Accumulate` on eClerx Services with a price target of Rs 740 as against the current market price (CMP) of Rs 685 in its report dated Apr. 06, 2011

KR Choksey recommends `Hold` on 3i Infotech

KR Choksey has recommended ` Hold ` on 3i Infotech with a price target of Rs 51 as against the current market price (CMP) of Rs 46 in its report dated Apr. 05, 2011. The broking house gave the following rationale: Revenue is expected to trail behind Indian IT industry overall growth rate in FY12E: 3i`s revenue is expected to increase by around 9%-10% in FY12E, whereas Indian IT industry export is expected to grow by 16%-18% in FY12E.

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.