1. Sell Ashok Leyland: Merrill Lynch
Merrill Lynch research report has maintained sell rating on Ashok Leyland. we believe that the stock is expensive, given muted growth prospects as well as capex related risks (dominant peer Tata Motors trades at 15.2x FY08E and 12.6x FY09E respectively)
As you will notice that above recommendation is 5. issued by a brokerage house whereas I have given a delivery call and the same are at variance as I have given the call based on the recent delivery volumes which are suggesting that an upmove is imminent in the stock shortly as some manipulators are cornering the shares. So I stand by my recommendation of taking the delivery of the stock and holding it for a few days.
2. Hindalco an underperformer: CLSA
CLSA has maintained under performer rating on Hindalco with price target of Rs 180, implying downside potential of 7%. We see downside risk to our Novelis estimates if the US economy slows down
3. Buy Union Bank of India, target Rs 215: ABN-AMRO
ABN-AMRO values Union Bank of India at Rs 215 and has maintained buy rating on it. With capital efficiency also rising, profitability should improve, lending support to valuation.
4. Sell Grasim Ind, target Rs 2700: Citigroup
Citigroup research has maintained sell rating on Grasim Industries with target price of Rs 2700. The expected downturn in cement will offset the upside seen in other divisions, based on their analysis.
5. Buy BHEL, target Rs 3331: IL&FS Investsmart
IL&FS Investsmart has maintained buy rating on Bharat Heavy Electrical (BHEL) with target price of Rs 3331. We estimate the Net sales, EBITDA and PAT to grow at a CAGR of 31%, 35% and 33% respectively through FY2007-10E.
6. Brokerage houses are bullish on Patels Airtemp, BHEL, Union Bank, MphasiS BFL, Mahindra Lifespaces, Greenply Ind, Patel Eng, ABG Shipyard and CESC.
7. Buy Patels Airtemp, target Rs 135: Sharekhan
Sharekhan research has maintained buy rating on Patels Airtemp with target of Rs 135. At the current market price, the stock discounts its FY2009E earnings by 5.9x and is available at an EV/EBIDTA of 3.5x.
Brokerage Houses Recommendation
Jackpot Bank Nifty Option Tip
Jackpot Bank Nifty Option tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.
Latest Video Reviews by Clients
You can have a look at the Video Reviews provided by our ongoing current clients regarding Indian-Share-Tips.Com Services to include Bank Nifty Option Tip. You must have a look to know about their satisfaction level, profit generated and complaints if any. Click on Image or Post Title to Read More.
Awards and Recognition
An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
