Share Trading Tips

Karvy Stock Broking has come out with a research report on Bank of Baroda. The research firm has recommended under performer rating on the stock, with a target price of Rs 450. “The announcement by Dubai World of its deferment of the loan repayments by its real estate subsidiary, Nakeel could have an adverse impact [...]

Reliance Securities has come out with a research report on Tata Steel. The research firm has reiterated recommendation of buy with a 12-month price target of Rs 617. “Tata Steel management sounded confident of posting better results of second half FY10. Reasons put forth by the management seemed to be plausible. They were a) Teesside [...]

IndiaInfoline is bullish on India Cements and has recommended buy rating on stock with a target of Rs 120, in its November 30, 2009 research report. “Weekly chart suggests formation of higher bottom. India Cements corrected from a high of Rs 180 in June 2009 to a low of Rs 97. Since then, the stock [...]

Emkay Global Financial Services has recommended accumulate rating on IRB Infrastructure with a target of Rs 250, in its November 25, 2009 research report. “W believe IRB Infrastructure Developers, an ideal play on India’s continued focus on developing road infrastructure through PPP model, is on a verge of steep earnings growth trajectory with two of [...]

Company snapshot Andhra Bank, founded by the freedom fighter Dr. Bhogaraju Pattabhi Sitaramayya, commenced business on 28 November 1923. The bank is headquartered in Hyderabad and has a concentrated network in the state of Andhra Pradesh with major proportion of its advances being generated from the branches located in the state. The Bank has posted [...]

Jaiprakash Associates Ltd— BUY—220—INR Sector — Construction (others) Regd.Off.— S. K. Road, Greater Noida City, Lucknow, U.P. -201306 Listed — NSE, BSE. Company overview— Jaypee group is a well-diversified infrastructural industrial group of India that commenced its operations in 1972 as a partnership firm then known as Jaiprakash Associates. Three decades later with growth and [...]

SMALL CAP Invest Shoppe India SAKTHI SUGARS CMP: Rs 88 It is among the top three sugar producers in Tamil Nadu. This season, India would be net importer of sugar, which would keep sugar prices firm. The company has already registered Rs 220-crore profit for nine-month period (yr end–Dec), which translates into an EPS of [...]

MID CAP FINQUEST Securities and Invest Shoppe India DHAMPUR SUGAR MILLS CMP: Rs 132 DSML has contracted 250,000 mt of raw sugar at around $400/mt. It refined only 18,000 mt raw sugar in FY09 and sold around 60,000 mt in open market. The firm is expected to refine 172,000 mt and 70,000 mt raw sugar [...]

LARGE CAP Karvy Stock Broking & Sharekhan BAJAJ HINDUSTHAN CMP: Rs 212 It is expected to produce 0.7 mn mt sugar from cane in sugar season 2010 as compared to 0.64 million mt in the previous year. Consequently, including the processing and refining of raw sugar, sugar production of the company during the forthcoming sugar [...]

Sell Reliance Infra around Rs 1042-Rs 1059, stop loss of Rs 1067, cover short at Rs 1018-Rs 977 Buy Hindustan Zinc around Rs 1162.70-Rs 1125.30, stop loss of Rs 1121, book profit at Rs 1204-Rs 1283 Sell DLF with stop loss of Rs 368 for targets of Rs 331-Rs 320 Sell HDIL with stop loss [...]