Posts Tagged ‘its-report’

Sunidhi Sec recommends `Buy` on MBL Infra

Sunidhi Securities has recommended ` Buy ` on MBL Infrastructures with a price target of Rs 260 as against the current market price (CMP) of Rs 193 in its report dated Apr. 13, 2011. The broking house gave the following rationale: > MBLIL has adopted asset light model wherein it targets specific high potential projects across the EPC and BOT segment.

KR Choksey recommends `Buy` on Indoco Remedies

KR Choksey has recommended ` Buy ` on Indoco Remedies with a price target of Rs 517 as against the current market price (CMP) of Rs 450 in its report dated Apr. 11, 2011. The broking house gave the following rationale: Domestic formulation business to drive robust growth: Currently domestic formulations business contributes 70% of the total consolidated revenue.

Prabhudas Lilladher recommends `Accumulate` on Tata Chemicals

Prabhudas Lilladher has recommended `Accumulate` on Tata Chemicals with a price target of Rs 377 as against the current market price (CMP) of Rs 356 in its report dated Apr. 13, 2011. The broking house gave the following rationale: Acquired Strategic Stake: Tata Chemicals (TCL) executed binding agreement to acquire 25.1% stake for USD 290 million (Rs 13 billion) as strategic investment in stream 1 of a green-field port based ammonia urea manufacturing complex in the Republic of Gabon, Africa

MLR Sec recommends `Buy` on Action Construction

MLR Securities has recommended `Buy` on Action Construction Equipment with a price target of Rs 57 in its report dated Apr.

Kotak recommends `Buy` on ICICI Bank

Kotak has recommended `Buy` on ICICI Bank with a price target of Rs 1,364 as against the current market price (CMP) of Rs 1,100 in its report dated Apr.

CRISIL assigns valuation grade of 5/5 to Maithan Alloys

CRISIL Research has come out with its report on Maithan Alloys. The research firm has used the EV/EBITDA method to value Maithan and arrived at a fair value of Rs 195 per share

CRISIL assigns valuation grade of 5/5 to NTPC

CRISIL Research has come out with its report on NTPC.

CRISIL assigns valuation grade of 5/5 to Infinite Comp

CRISIL Research has come out with its report on Infinite Computer Solutions India. The research firm, continue to use the discounted cash flow method to value Infinite. Due to the utilisation of surplus cash, the buyback would not significantly impact our fair value of Rs 269 per share.

Edelweiss lowers JSW Steel FY12 EPS estimates by 6%

Edelweiss Securities has recommended `Buy` on JSW Steel with a current market price (CMP) of Rs 957 in its report dated Apr.

Emkay recommends `Accumulate` on Dishman Pharma

Emkay has recommended `Accumulate` on Dishman Pharma with a price target of Rs 125 as against the current market price (CMP) of Rs 102 in its report dated Apr. 11, 2011

Bajaj Capital recommends `Buy` on Indian Overseas Bank

Bajaj Capital has recommended `Buy` on Indian Overseas Bank with a price target of Rs 175 as against the current market price (CMP) of Rs 149.4 in its report dated Apr. 6, 2011

Motilal Oswal Neutral on Adani Power

Motilal Oswal

Sunidhi Sec maintains `Buy` on Ahmednagar Forgings

Sunidhi Sec has recommended `Buy` on Ahmednagar Forgings with a price target of Rs 170 as against the current market price (CMP) of Rs 131 in its report dated Apr. 07, 2011.

Angel Broking recommends `Buy` on Tata Steel

Angel Broking has recommended `Buy` on Tata Steel with a price target of Rs 802 in its report dated Apr.