Sharekhan’s Dec 09 Value Guide Released

2009-07-21 thru 07-29 India Business Trip 27

Image by JanetandPhil via Flickr

Sharekhan’s monthly news letter Value Guide with latest stocks recommendations is released to its customers.

    • Aditya Birla Nuvo: Price target revised to Rs925
    • Balrampur Chini Mills: Strong numbers in the offing
    • BASF India: Price target revised to Rs390
    • Bharat Electronics: Put on Hold
    • Corporation Bank: Price target revised to Rs514
    • Dhampur Sugar Mills: Results in line with expectations
    • Genus Power Infrastructures: Suspend coverage
    • Godrej Consumer Products: Upgraded to Buy
    • Hindustan Unilever: Put on Hold
    • ICICI Bank: Upgraded to Buy
    • Indian Hotels Company: Revival in occupancies augurs well
    • Infosys Technologies: Infosys BPO to acquire McCamish 
    • ISMT: Margins below expectations
    • Orbit Corporation: Put on Hold
    • Orchid Chemicals & Pharmaceuticals: Put on Hold
    • Patels Airtemp India: Better operating performance boosts profits
    • Reliance Industries: Price target revised to Rs2,250
    • Selan Exploration Technology: Price target revised to Rs360
    • State Bank of India: Results largely inline; negative surprise on asset quality
    • Subros: Q2 performance better than expected
    • Sun Pharmaceutical Industries: Price target revised to Rs1,491
    • Torrent Pharmaceuticals: Price target revised to Rs420
    • Tourism Finance Corporation of India: Price target revised to Rs28
    • UltraTech Cement: UltraTech-Samruddhi merger; swap ratio 4:7

For full report, Please click here.

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