Emkay has recommended `Reduce ` on Hero Honda Motors with a price target of Rs 1,540 as against the current market price (CMP) of Rs 1,587 in its report dated Apr. 1, 2011.
Posts Tagged ‘current’
Emkay recommends `Buy` on Piramal Glass
Emkay has recommended `Buy` on Piramal Glass with a price target of Rs 160 as against the current market price (CMP) of Rs 113 in its report dated Apr. 01, 2011.
Emkay recommends `Accumulate` on SBI
Emkay has recommended `Accumulate` on State Bank of India (SBI) with a price target of Rs 3,000 as against the current market price (CMP) of Rs 2,768 in its report dated Apr. 01, 2011.
Emkay recommends `Accumulate ` on Tata Steel
Emkay has recommended `Accumulate` on Tata Steel with a price target of Rs 684 as against the current market price (CMP) of Rs 621 in its report dated Apr. 01, 2011
Emkay recommends `Hold` on Asian Paints
Emkay has recommended `Hold` on Asian Paints with a price target of Rs 2,510 as against the current market price (CMP) of Rs 2,527 in its report dated Apr. 01, 2011. The broking house gave the following rationale: > Though, Q3FY11 APAT at Rs 2.2 billion meets expectation, EBIDTA margins decline at 320 bps yoy was higher then expectation.
Emkay recommends `Hold ` on Dishman Pharma
Emkay has recommended `Hold` on Dishman Pharma with a price target of Rs 118 as against the current market price (CMP) of Rs 102 in its report dated Apr. 1, 2011. The broking house gave the following rationale: > We believe Dishman`s under performance to continue for some more time until clarity emerges in CRAMS business.
Emkay recommends `Sell ` on Idea Cellular
Emkay has recommended `Sell` on Idea Cellular with a price target of Rs 60 as against the current market price (CMP) of Rs 68 in its report dated Apr. 01, 2011. The broking house gave the following rationale: > Strong rebound in revenue growth supported by significant improvement in KPI`s has led to improvement in revenues in last quarter.
Emkay recommends `Buy` on L&T
Emkay has recommended `Buy ` on Larsen & Toubro (L&T) with a price target of Rs 2,015 as against the current market price (CMP) of Rs 1,653 in its report dated Apr. 1, 2011. The broking house gave the following rationale: > Strong presence in structural sectors (Utilities and Construction exposure at 69%) to continue to augur well during FY10-12E.
Emkay recommends `Accumulate` on Cadila Healthcare
Emkay has recommended ` Accumulate ` on Cadila Healthcare with a price target of Rs 847 as against the current market price (CMP) of Rs 791 in its report dated Apr.1, 2011. The broking house gave the following rationale: > Cadlila Healthcare emerges our top pick given its strong growth prospects (30% earnings CAGR over FY10- 13E), wide geographical reach and foray into difficult to manufacture generics such as transdermal patches, biosimilar and vaccines
Emkay recommends `Buy` on IRB Infra
Emkay has recommended ` Buy ` on IRB Infrastructure Developers with a price target of Rs 280 as against the current market price (CMP) of Rs 212 in its report dated Apr.1, 2011. The broking house gave the following rationale: > India Premier road asset, with commendable track record Bagged 7 NHAI projects over last 4 years with market share of 7% port folio set to grow at 25% CAGR over FY08-14E Asset base to grow at 38% CAGR over FY08-14E.
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.
Essel Propack consolidates US operations
Essel Propack has consolidated its operations in USA. The company had two facilities in Davile and Virginia in USA. One of the facilities was dedicated for laminated tubes and the other for plastic tubes



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