2009 March | Nseguide.com

Quotes with Resistance & Support

Market Information

Reduce Gujarat Gas, target of Rs 250: P Lilladher

Posted on: March 31st 2009 in Brokerage Recommendations.

Prabhudas Lilladher has downgraded its rating on Gujarat Gas Company to reduce with a target price of Rs 250 in its March 30, 2009 research report. “Gujarat Gas Company has invested over Rs 5 billion over the past four years to augment its infrastructure network and CNG stations. …

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Accumulate Bharti Airtel, target of Rs 792: P Lilladher

Posted on: March 31st 2009 in Brokerage Recommendations.

Prabhudas Lilladher has recommended an accumulate rating on Bharti Airtel with a price target of Rs 792 in its March 31, 2009 research report. “Bharti Airtel highlighted the pullout of freebies by Rcom in the first 90 days of their launch & sighted reasons that such freebies is…

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Reduce Crompton Greaves, tgt Rs 115: P Lilladher

Posted on: March 31st 2009 in Brokerage Recommendations.

Prabhudas Lilladher has recommended a reduce rating on Crompton Greaves with a target price of Rs 115 in its March 25, 2009 research report. “Crompton Greaves (CRG) board has given approval to buy a stake of 41% for Rs 2.3 billion at book value in Avantha Power and Infrastructure (…

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Buy Cadila Healthcare, target of Rs 339: Emkay Global

Posted on: March 31st 2009 in Brokerage Recommendations.

Emkay Global Financial Services has maintained its buy rating on Cadila Healthcare with a target price of Rs 339 in its March 31, 2009 research report. “Cadila Healthcare entered into an agreement with the US-based pharma major Eli Lilly for the discovery and development of drugs in…

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Motilal Oswal neutral on Idea Cellular

Posted on: March 31st 2009 in Brokerage Recommendations.

Motilal Oswal has maintained its neutral rating on Idea Cellular in its March 26, 2009 research report. “Idea is highly leveraged to mobile RPM movements given lower margins (PAT margin of 8% v/s 22-25% for Bharti and RCOM) and no significant non-wireless business. …

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Sharekhan cautious on banking sector

Posted on: March 31st 2009 in Brokerage Recommendations.

Sharekhan maintains its cautious view on banking stocks in the near term and believes that investors would get better entry levels in banking stocks for medium- to long-term gains. Sharekhan’s report …

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Buy BHEL, target of Rs 1546: Sharekhan

Posted on: March 31st 2009 in Brokerage Recommendations.

Sharekhan has maintained its buy rating on Bharat Heavy Electricals, BHEL with a price target of Rs 1,546 in its March 30, 2009 research report. “BHEL’s strong revenue visibility (with an order book of 4.8x FY2008 revenues) coupled with its strong balance sheet makes it our pref…

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Hero Honda an outperformer: Karvy Stock Broking

Posted on: March 31st 2009 in Brokerage Recommendations.

Karvy Stock Broking has recommended an outperformer rating on Hero Honda Motors with a price target of Rs 1250 in its March 31, 2009 research report. “Hero Honda Motors Limited, HHML is the market leader in the Indian two wheeler space having presence in all the significant sub segm…

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Buy Novartis India: Hem Securities

Posted on: March 31st 2009 in Brokerage Recommendations.

Hem Securities has maintained its buy rating on Novartis India in its March 30, 2009 research report. “Novartis AG has offered to raise the stake in Novartis India Limited to nearly 90 per cent from the current level of 50.93 per cent. The offer is expected to open in May 2009. …

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Market Review for 1st April 2009

Posted on: March 31st 2009 in Market Outlook.

BSE Sensex: (9708) we said that ‘technically the market has given a sell signal and now if the market breaches 9520 then we should see a level of 9332’ well the market never broke the 9520 levels and stayed put, which looks more like a pause for a continuation of the move… my bias i…

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