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Brokerage Recomendations

Thursday, September 6, 2007

SSKI research is bullish on Monnet Ispat & Energy and has rated the stock as market outperformer with target price of Rs 435.

ICICI Research has maintained hold rating on Cipla. Research firm expects that the stock to underperform its peers (e.g. Sun Pharma) as well as the Sensex through the next 3-4 quarters.

UTI Securities is bullish on Hotel Leela Venture and has recommended buy raitng on the stock with a target of Rs 70.

Merrill Lynch is bullish on Motherson Sumi Systems and has recommended buy rating on the stock with a target of Rs 120, which implies 27% upside.

Merrill Lynch is bearish on Hindalco Industries and has recommended sell rating on the stock.

Sharekhan is bullish on India Cements and has recommended buy rating on the stock with a target of Rs 300.

Sharekhan is bullish on Elder Pharmaceuticals and has recommended buy rating on the stock with a target of Rs 508.

Merrill Lynch is bullish on Motherson Sumi System and has maintianed buy rating on the stock with target price of Rs 120 with potential upside of 27%.

HDFC Securities is bullish on Tanla Solution and has maintained buy rating on the stock with target price of Rs 706.

Mafatlal Securities is bullish on Patni Computers and has maintained buy rating on the stock with target price of Rs 635 with 6-month prespective.

P-Sec is bullish on Maruti Udyog and has maintained buy rating on the stock with target price of Rs 1073.

Posted by FR at 7:24 PM  

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IMPORTANT DISCLAIMER

Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.