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.
Posts Tagged ‘price-target’
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
Sushil Finance recommends `Accumulate` on Navneet Publications
Sushil Financial has recommended `Accumulate` on Navneet Publications
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.
KJMC recommends `Accumulate` on NRB Bearings
KJMC has recommended `Accumulate ` on NRB Bearings with a price target of Rs 60 as against the current market price (CMP) of Rs 51 in its report dated Apr.
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
KJMC maintains `Accumulate` on Persistent
KJMC has recommended `Accumulate` on Persistent Systems with a price target of Rs 460 as against the current market price (CMP) of Rs 405 in its report dated Apr. 11, 2011. The broking house gave the following rationale: Niche Player in Outsource Product Development (OPD): Persistent provides services like integration of products, components and platforms developed by their clients.
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.
Padmakshi maintains `Buy` on Finolex Cables
Padmakshi Financial has recommended `Buy` on Finolex Cables with a price target of Rs 97 as against the current market price (CMP) of Rs 50 in its report dated Apr. 11, 2011. The broking house gave the following rationale: Underutilized capacity and Balance sheet strength to help fund growth The company currently operates at 50% capacity across all its product lines
Pick of the week: Hindustan Unilever
Edelweiss Securities selects Hindustan Unilever as weekly stock pick.



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