Dr Reddys enters an agreement with JB Chemicals to acquire their Pharmaceutical prescription portfolio in the Russia & other CIS regions for a consideration of USD 34.85mn (Rs 155cr). Acquisition Details After acquiring GSK’s US Penicillin facility, DRL struck up another deal with JB Chemicals to scale up the business in Russia & CIS. Dr [...]
NSE Code Treads Treadsdirect is the LG Balakrishnan group company engaged in retread business. For the 9 months ended 31.12.2009 the company posted net profit of Rs. 13.70 crore on a turnover of Rs.117.65 crore against net profit of Rs.7.05 crore on a turnover of Rs. 116.85 crore for corresponding previous period. For the entire 08-09 [...]
Sell Bhushan Steel with stop loss of Rs 1695 for targets of Rs 1580-1550 Sell SAIL with stop loss of Rs 216 for a target of Rs 195 SHORT SELL DLF Stop Loss 306 Target 278 SHORT SELL Hindalco Industries Stop Loss 166 Target 151 SHORT SELL Reliance Infrastructure Stop Loss 1097 Target 1018 SHORT [...]
BUY Unitech Stop Loss 67 Target 79 BUY Punj Lloyd Stop Loss 168 Target 187 BUY GVK Power & Infrastructure Stop Loss 40 Target 47 BUY Mahindra Satyam Stop Loss 95 Target 114 Sell Bajaj Hindustan with stop loss of Rs 172 for targets of Rs 145-Rs 140. Sell Balrampur Chini with stop loss of [...]
BUY Rashtriya Chemicals and Fertilizers Stop Loss 99 Target 114 BUY Jaiprakash Associates Stop Loss 127 Target 143 BUY Texmaco Stop Loss 155 Target 178 BUY Apollo Tyres Stop Loss 53 Target 62
Sell Lanco Infratech around Rs 53.80-52.70, stop loss Rs 54.25, cover short at Rs 51.20-48.70 Buy Prism Cement with stop loss of Rs 48 for a target of Rs 56 Buy Ultratech Cement around Rs 993.20-1016.30, stop loss Rs 977, book profit at Rs 1055.60-1118 Buy India Cement with stop loss of Rs 123 for [...]
Buy Whirlpool with stop loss of Rs 145 for targets of Rs 161-Rs 170 Buy Hitachi Home with stop loss of Rs 151 for a target of Rs 180 Sell State Bank of India around Rs 2256.30-2226.70, stop loss Rs 2280, cover short at Rs 2173.30-2090.30 Buy Asian Paints around Rs 1800.30-1837.70, stop loss Rs [...]
JAGRAN PRAKASHAN Reco price: Rs 137 Current market price: Rs 135.60 Target price: Rs 165 Upside: 21.7% Brokerage: Ambit Capital Daink Jagran, the flagship brand of Jagran Prakashan (JPL), commands a leadership position in the major market of UP. Its bilingual compact daily, I-Next, is gaining traction among the youth and has generated readership of [...]
IRB INFRASTRUCTURE Reco price: Rs 244.70 Current market price: Rs 241.85 Target price: Rs 297 Upside: 22.8% Brokerage: HSBC Securities IRB Infrastructure has the largest portfolio of build-operate-transfer (BOT) toll assets (1,154 km across 16 projects). IRB is estimated to record a CAGR of 47 per cent in earnings through FY09-12, driven by four contracts [...]
Sell Indiabulls Financial Services, last close Rs 125.70, sell around Rs 127.40-126.30, stop loss Rs 129, cover short at Rs 124.60-121.70. Buy Gujarat NRE Coke, last close Rs 80.70, buy around Rs 77.50-79.70, stop loss Rs 76, book profit at Rs 82.90-88.20. Buy Hindalco with stop loss of Rs 149 for targets of Rs 178-Rs [...]
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