Posts Tagged ‘cmp’

Emkay upgrades HT Media to `Buy`

Emkay has recommended `Buy` on HT Media a price target of Rs 175 as against the current market price (CMP) of Rs 145 in its report dated Jan.

Emkay maintain `Accumulate` on Gail

Emkay has recommended `Accumulate` on G A I L (India) a price target of Rs 565 as against the current market price (CMP) of Rs 477 in its report dated Jan. 19, 2011

Kotak Sec maintains `Buy` on Larsen & Toubro

Kotak Securities has recommended `Buy` on Larsen & Toubro (L&T) with a price target of Rs 2,030 as against the market price (CMP) of Rs 1,681 in its report dated Jan. 18, 2011.

Sharekhan maintains `Buy` on Glenmark

Sharekhan has recommended `Buy` on Glenmark Pharmaceuticals with a price target of Rs 408 as against the market price (CMP) of Rs 325 in its report dated Jan. 17, 2011. The brokerage house gave the following investment rationale: Tarka ruling unfavourable: Glenmark Pharmaceuticals (Glenmark) lost a part of the patent case in Tarka against Sanofi Aventis (Sanofi) and Abbott Labs (Abbott) in the US court.

Kotak Sec maintains `Buy` on Axis Bank

Kotak Securities has recommended `Buy` on Axis Bank with a price target of Rs 1,750 as against the market price (CMP) of Rs 1,229 in its report dated Jan. 18, 2011

PINC recommends `Buy` on Lupin

PINC Research has recommended `Buy` on Lupin with a price target of Rs 537 as against the market price (CMP) of Rs 460 in its report dated Jan. 17, 2011. The brokerage house gave the following investment rationale: > Lupin is one of the best plays in the pharma space, in our view, given its strong execution capabilities, improving financial performance, and diversifying business model

PINC recommends `Buy` on NIIT Tech

PINC Research has recommended `Buy` on NIIT Tech with a price target of Rs 278 as against the market price (CMP) of Rs 204 in its report dated Jan. 17, 2011

Anand Rathi recommends `Hold` on Patni

Anand Rathi has recommended `Hold` on Patni Computer Systems with a price target of Rs 500 as against the market price (CMP) of Rs 464 in its report dated Jan.

Firstcall recommends `Buy` on Kewal Kiran Clothing

Firstcall has recommended `Buy` on Kewal Kiran Clothing with a price target of Rs 702 as against the current market price (CMP) of Rs 610 in its report dated Jan. 11, 2010

Tata Steel board approves FPO of 5.7 crore shares; stk down

Tata Steel board has approved FPO of 5.7 crore shares. It will raise Rs 3700 crore at CMP. The promoter holding will come down by 2%, reports CNBCTV18

Kotak Sec recommends `Accumulate` Indraprastha Gas

Kotak Securities has recommended `Accumulate` on Indraprastha Gas with a price target of Rs 146 as against the market price (CMP) of Rs 138 in its report dated Jan. 11, 2010. The broking house gave the following investment rationale: > Strong PNG revenue growth on QoQ basis due to better realizations and higher volume growth lead to over all revenue growth on QoQ basis.

Sunidhi Sec recommends `Buy` on Shiva Texyarn

Sunidhi Securities has recommended `Buy` on Shiva Texyarn with a price target of Rs 80 as against the market price (CMP) of Rs 53 in its report dated Jan. 10, 2010. The broking house gave the following rationale: STYL has two spinning units, one near Dindigul with an installed capacity of 39, 072 spindles and the other near Coimbatore with an installed capacity of 50, 400 spindles aggregating to 89, 472 spindles, knitting unit near Coimbatore with capacity to produce…

Asit C Mehta recommends `Accumulate ` on GSFC

Asit C Mehta has recommended `Accumulate` on Gujarat State Fertilizers & Chemicals (GSFC)

KR Choksey recommends `Hold` on Hero Honda

KR Choksey has recommended `Hold` on Hero Honda with a price target of Rs 1,988 as against the market price (CMP) of Rs 1,804 in its report dated Jan. 10, 2010. The brokerage house gave the following investment rationale: Continuously improving performance: Hero Honda has posted its strongest sales volumes of all time.