NESTLE INDIA Reco price: Rs 2,568 Current market price: Rs 2,525.55 Target price: Rs 2,915 Upside:15.4% Brokerage: India Infoline With the healthy growth in the domestic business and revival in exports, expect Nestle to witness 17.7 per cent CAGR in revenues and 24.6 per cent in profit over CY09-11. Milk products and prepared dishes segments [...]
Hero Honda Motors Reco price: Rs 1,676 Current market price: Rs 1,670.80 Target price: Rs 1,830 Upside: 9.5% Brokerage: Religare Hichens, Harrison Rural demand for two-wheelers has remained robust despite the weak monsoons, with Hero Honda recording a 21 per cent y-o-y growth over April-November 2009. The two-wheeler manufacturers indicate that demand remains robust even [...]
Titan Industries Reco price: Rs 1,352 Current market price: Rs 1,336.40 Target price: NA Brokerage: Edelweiss Securities Volumes in Titan Industries’ jewellery business declined significantly (around 11 per cent) in H1, 2009-10. Given the uptick in discretionary spending and lower base for H2, 2008-09, volume growth is likely to bounce back in H2, 2009-10. Titan [...]
Gujarat Gas Company Reco price: Rs 231 Current market price: Rs 228.10 Target price: Rs 268 Upside: 17.5% Brokerage: Prabhudas Lilladher Gujarat Gas’ distribution volumes received a fillip in the recent past due to availability of regassified LNG (RLNG) at competitive prices. With over 0.7 mmscmd (million metric standard cubic meter per day) RLNG, the [...]
Tata Chemicals Reco price: Rs 315 Current market price: Rs 314.95 Target price: Rs 341 Upside: 8.3% Brokerage: Sharekhan During November 2009, Tata Chemicals acquired additional one million equity shares of Rallis India for Rs 908.50 each, raising its stake from 46 per cent to 50.1 per cent, and thereby, making Rallis its subsidiary. The [...]
Cairn India Reco price: Rs 276 Current market price: Rs 271.95 Target price: Rs 225 Downside: 17.3% Brokerage: Kotak Institutional Crude oil prices have declined by $6.6 per barrel (or 8.3 per cent) since December 1, 2009 led by rise in crude inventories in the US, strengthening of the dollar and financial crisis in Dubai, [...]
The stock hit a high of Rs.744.50 yesterday on news that the company had bagged a Rs.506 crore order from Bangalore Metro. And this seems a far cry from the performance it had posted for third quarter ended 30th September 2009. YoY, net revenue fell 5.6% at Rs.1468.93 crore. Net profit was at Rs.83. 06 [...]
Stock Market Listing Data CMP: INR 180.10 PE Ratio: 11.72 Market Capitalization: 356.08 Crore Industry: Liquid and Gas Logistics * Aegis Logistics has experienced robust revenue growth in the last 4-5 years in line with the strong growth in the Indian economy leading to a growing needs for liquid and gas logistics storage stations. The [...]
Buy Kohinoor Foods with stop loss of Rs 53 for targets of Rs 65-Rs 70 Buy KRBL with stop loss of Rs 167 for targets of Rs 228-Rs 243 Sell Bank of Baroda around Rs 514.90-521.80, stop loss Rs 528, cover short at Rs 501.80-481.80 Buy Petronet LNG around Rs 73.40-74.50, stop loss Rs 72, [...]
Subscribe to Share Trading Tips
