It is only a speed breaker : Sharekhan

Image by ecstaticist via Flickr
Some of the key palpable positives outweigh the negatives. Firstly, the leading indicators (cement production, commercial vehicle sales, goods traffic, industrial production, exports etc) continue to report better numbers. Secondly, the outlook for the Q3 and Q4 earnings seasons is much better as in these quarters Indian companies would benefit from the anticipated improvement in the macro environment coupled with a favourable base effect.
STOCK IDEAS
- ISMT: On a seamless growth path
- Zydus Wellness: Wealth in health
STOCK UPDATE
- 3i Infotech: Price target revised to Rs105
- Allahabad Bank: Price target revised to Rs144
- Andhra Bank: Price target revised to Rs135
- Apollo Tyres: Price target revised to Rs66
- Bajaj Auto: Price target revised to Rs1,715
- Bajaj Finserv: Price target revised to Rs398
- Bajaj Holdings & Investment: Price target revised to Rs824
- Bank of India: Downgraded to Reduce
- Bharat Heavy Electricals: Price target revised to Rs2,568
- Crompton Greaves: Price target revised to Rs386
- Glenmark Pharmaceuticals: Upgraded to Buy
- Housing Development Finance Corporation: Price target revised to Rs2,866
- ICI India: Book profits
- Infosys Technologies: FY2010 guidance raised, currency swings remain a concern
- Mahindra & Mahindra: Price target revised to Rs1,039
- Marico: Price target revised to Rs105
- Maruti Suzuki India: Price target revised to Rs1,700
- Orbit Corporation: Upgraded to Buy
- Punjab National Bank: Price target revised to Rs934
- Reliance Industries: Price target revised to Rs2,140
- Unity Infraprojects: Price target revised to Rs533
- Wipro: Price target revised to Rs656
- WS Industries India: Book profit
- Zee News: Suspend coverage
Thanks to : Sharekhan
0 comments:
Post a Comment
All comments are moderated. Please post no spam