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Quotes with Resistance & Support

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Buy Bajaj Auto, target of Rs 669: PINC

Posted on: Saturday, March 21st 2009 and is filed under Brokerage Recommendations.

PINC Research has recommended a buy rating on Bajaj Auto with a target price of Rs 669 in its March 20, 2009 research report. ...

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Buy HUL, Asian Paints: Emkay Global

Posted on: Saturday, March 21st 2009 and is filed under Brokerage Recommendations.

Emkay Global Financial Services has maintained its buy rating on Hindustan Unilever and Asian Paints and its accumulate rating on Godrej Consumer Products and Marico with price targets of Rs 305, Rs 1000, Rs 127 and Rs 60 respectively, in its March 20, 2009 research report. ...

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Hold Grasim Industries, target of Rs 1458: Sharekhan

Posted on: Saturday, March 21st 2009 and is filed under Brokerage Recommendations.

Sharekhan has downgraded its rating on Grasim Industries from buy to hold with a target price of Rs 1458 in its March 20, 2009 research report. “As per media reports, Grasim Industries (Grasim), a flagship company of Aditya Birla group, and Larsen & Toubro (L&T) are close ...

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Buy TCS, target of Rs 550: Motilal Oswal

Posted on: Saturday, March 21st 2009 and is filed under Brokerage Recommendations.

Motilal Oswal has maintained its buy rating on Tata Consultancy Services with a target price of Rs 550 in its March 12, 2009 research report. “We have revised our estimates to factor in project cancellations, adverse cross currency impact and revised INR/USD assumptions. ...

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Buy IVRCL Infrastructure, target of Rs 154: Motilal Oswal

Posted on: Saturday, March 21st 2009 and is filed under Brokerage Recommendations.

Motilal Oswal has maintained its buy rating on IVRCL Infrastructure and Projects with a price target of Rs 154 in its March 19, 2009 research report. “We expect IVRCL to report net profit of Rs 2.2 billion in FY09 (up 6% YoY) and Rs 2.5 billion in FY10 (up 16% YoY). The stock is tra...

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Accumulate Hero Honda, target to Rs 1055: Emkay

Posted on: Saturday, March 21st 2009 and is filed under Brokerage Recommendations.

Emkay Global Financial Services has downgraded its rating on Hero Honda Motors from buy to accumulate with a target price of Rs 1055 in its March 20, 2009 research report. ...

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Buy Navneet Publications, target of Rs 59: Sharekhan

Posted on: Saturday, March 21st 2009 and is filed under Brokerage Recommendations.

Sharekhan has recommended a buy rating on Navneet Publications with a price target of Rs 59 in its March 19, 2009 research report. “With the growth in publication business moderating, Navneet Publications India (Navneet) has been banking on stationery business to drive its top line ...

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Nifty has support at 2770: Reliance Money

Posted on: Saturday, March 21st 2009 and is filed under Brokerage Recommendations.

According to Reliance Money’s Morning Notes report, as for today’s trade once again levels of 2850 remains an important hurdle while on lower side levels of 2770 continues to remain important support. Reliance Money’s Morning Notes report: ...

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Buy Gujarat NRE Coke, target of Rs 37: ULJK Securities

Posted on: Saturday, March 21st 2009 and is filed under Brokerage Recommendations.

ULJK Securities has recommended a buy rating on Gujarat NRE Coke with a target price of Rs 37 in its March 20. 2009 research report. ...

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Sun Pharmaceutical extends offer to buy Taro stake

Posted on: Saturday, March 21st 2009 and is filed under Stock News.

Sun Pharmaceutical Industries, which is attempting a hostile takeover of Israel-based Taro Pharmaceutical, extended the tender offer to acquire the remaining stake in the drug maker to April 3, as it launched a fresh round of negotiations to settle the differences out-of-the-court. ...

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