Posts Tagged ‘cmp’

Emkay maintains `Accumulate` on BPCL

Emkay has recommended ` Accumulate ` on Bharat Petroleum Corporation (BPCL) with a price target of Rs 671 as against the current market price (CMP) of Rs 611 in its report dated Apr.1, 2011 . The broking house gave the following rationale: > Capacity expansion, up gradation and modernisation of BPCL`s Mumbai and Kochi refineries would increase its crude throughput and refining margin going forward. > Bina refinery 50:50JV with Oman OIL is mechanically complete and will start

Emkay recommends `Buy` on Bajaj Auto

Emkay has recommended ` Buy` on Bajaj Auto with a price target of Rs 1,650 as against the current market price (CMP) of Rs 1,460 in its report dated Apr.1, 2011.

Emkay recommends `Buy` on Coromandel Intl

Emkay has recommended ` Buy ` on Coromandel International with a price target of Rs 435 as against the current market price (CMP) of Rs 286 in its report dated Apr.1, 2011. The broking house gave the following rationale: > CIL has presence in Di-Ammonium Phosphate (DAP) and complex fertilisers and commands approx 15% market share. It also has presence in the non fertiliser business which includes agrochemicals, specialty fertilisers, micro nutrients, compost etc and contributes approximately 10% to revenues

Emkay maintains `Buy` on Phoenix Mills

Emkay has recommended `Buy` on Phoenix Mills with a price target of Rs 231 as against the current market price (CMP) of Rs 182 in its report dated Apr.

Greshma Shares maintains `Buy` on MSP Steel & Power

Greshma

Sunidhi Sec maintains `Buy` on Gitanjali Gems

Sunidhi Securities has recommended `Buy` on Gitanjali Gems with a price target of Rs 300 as against the current market price (CMP) of Rs 235 in its report dated Mar. 28, 2011. The broking house gave the following rationale: With an aim of further integration within the jewellery value chain and to diversify its business model leveraging the key strengths GGL is right on track to realize its goals.

Sushil Finance recommends `Accumulate` on TCS

Sushil Finance has recommended ` Accumulate ` on Tata Consultancy Services (TCS) with a price target of Rs 1,290 as against the current market price (CMP) of Rs 1,121 in its report dated Mar. 29, 2011

ULJK recommends `Buy` on Yes Bank

ULJK Securities has recommended ` Buy ` on Yes Bank with a price target of Rs 363 as against the current market price (CMP) of Rs 293 in its report dated Mar. 24, 2011

Asit C Mehta recommends `Buy` on Indraprastha Gas

Asit C Mehta has recommended ` Buy ` on Indraprastha Gas with a price target of Rs 357 as against the current market price (CMP) of Rs 299 in its report dated Mar. 28, 2011.

Emkay maintains `Buy` on Gujarat Gas

Emkay has recommended ` Buy ` on Gujarat Gas with a price target of Rs 481 as against the current market price (CMP) of Rs 378 in its report dated Mar.

Smart Profit recommends `Buy` on Lupin

Smart Profit has recommended `Buy` on Lupin with a price target of Rs 510 as against the current market price (CMP) of Rs 394 in its report dated Mar. 25, 2011

Microsec recommends `Buy` on EIL

Microsec Research has recommended ` Buy ` on Engineering India (EIL) with a price target of Rs 411 as against the current market price (CMP) of Rs 296.35 in its report dated Mar. 24, 2011

IIFL recommends `Buy` on Sintex Industries

IIFL has recommended ` Buy ` on Sintex Industries with a price target of Rs 149 as against the current market price (CMP) of Rs 141.7 in its report dated Mar.

IIFL recommends `Sell` on Central Bank

IIFL has recommended ` Sell ` on Central Bank with a price target of Rs 127 as against the current market price (CMP) of Rs 133.45 in its report dated Mar. 24, 2011. The broking house gave the following rationale: The recent pullback in Central Bank from the low of Rs 120 has fizzled out near its 20-DMA, as we saw a sharp cut last week