Posts Tagged ‘price-target’

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

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.

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

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

Motilal Oswal Neutral on Adani Power

Motilal Oswal

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.

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.