Posts Tagged ‘cmp’

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

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

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.

PINC Research reiterates `Buy` on Ashok Leyland

PINC Research has recommended ` Buy ` on Ashok Leyland with a price target of Rs 76 as against the current market price (CMP) of Rs 58 in its report dated Apr. 05, 2011.

Sushil Finance recommends `Buy` on Supreme Infra

Sushil Financial Service has recommended ` Buy ` on Supreme Infrastructure with a price target of Rs 290 as against the current market price (CMP) of Rs 225 in its report dated Apr. 05, 2011

Sharekhan recommends `Hold` on Wipro

Sharekhan has recommended `Hold` on Wipro with a price target of Rs 528 as against the current market price (CMP) of Rs 481 in its report dated Apr. 04, 2011. The broking house gave the following rationale: > Wipro has acquired the global oil & gas IT practice of SAIC for USD 150 million in an all-cash deal.

Kotak maintains `Accumulate` on BHEL

Kotak Securities has recommended `Accumulate ` on Bharat Heavy Electricals (BHEL) with a price target of Rs 2,632 as against the current market price (CMP) of Rs 2,174 in its report dated Apr. 05, 2011. The broking house gave the following rationale: > BHEL`s provisional results for FY11 are in line with expectations if adjusted for accounting changes

Emkay upgrades IRB Infrastructure to `Buy`

Emkay has recommended `Buy` on IRB Infrastructure Developers with a price target of Rs 280 as against the current market price (CMP) of Rs 215 in its report dated Apr. 04, 2011. The broking house gave the following rationale: > Premier road developer with 16 projects covering 5,735 lane kms.

Emkay recommends `Accumulate` on IL&FS

Emkay has recommended `Accumulate` on IL&FS Transportation Network with a price target of Rs 275 as against the current market price (CMP) of Rs 239 in its report dated Apr. 04, 2011. The broking house gave the following rationale: > Solid track record