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Buy Bharat Electronics – Call closed – 141% returns as on 19-03-10

Posted on: April 23rd, 2009 and is filed under Investment Ideas.

CALL CLOSED (LONG TERM INVESTORS – HOLD IT) Buy Bharat Electronics on dips. Current market price: 927. Long term target: 1854. Book value: 404, P/E ratio: 9.87. Armed for growth: Just when large manufacturers are curtailing their activities to save on costs, Bharat Electronics is …

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Intraday calls for 23-04-09

Buy Walchandnagar Industries for a target of 145. Stoploss: 134 If markets show weakness later during the day, short sell: Reliance capital below 497. …

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ACC net up 23%; sales grew 14%

Posted on: April 22nd, 2009 and is filed under Stock News.

ACC, the country’s largest cement maker, has posted a rise of 23.1 per cent in its net profit for the quarter ended March, 2009, at Rs 399.34 crore compared with Rs 324.31 crore in the previous corresponding quarter. …

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Hold UltraTech Cement: Sharekhan

Posted on: April 22nd, 2009 and is filed under Brokerage Recommendations.

Sharekhan has maintained its hold rating on UltraTech Cement in its April 21, 2009 research report. “UltraTech Cement (UltraTech) reported a revenue growth of 16.2% year on year (yoy) to Rs 1,860.1 crore during Q4FY2009. …

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Angel initiates Buy on Ipca Labs, sees 30% rise

Posted on: April 22nd, 2009 and is filed under Brokerage Recommendations.

MUMBAI: Angel Broking has initiated coverage on Ipca Laboratories with a Buy recommendation and expects the stock to touch price target of Rs 505, which is an upside of 30 per cent from current market price of Rs 388 per share. …

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Micro Tech bags order worth $ 5mn; stk up 5.8%

Posted on: April 22nd, 2009 and is filed under Stock News.

Micro Technologies touched an intraday high of Rs 102 and an intraday low of Rs 97.05. At 10:30 am, the share was quoting at Rs 99.10, up Rs 5.50, or 5.88%. …

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Intraday calls for 22-04-09

Buy IDFC at 75.60, target: 78. Stoploss: 74.20 Buy Exide Industries at 51.45, target: 53. Stoploss: 50.50 If markets show weakness later during the day, short sell: Reliance industries. …

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Exclusive: Fed tests harder on regional banks – Wall Street

Posted on: April 22nd, 2009 and is filed under Press Releases.

WASHINGTON (AP) — The government’s “stress tests” of 19 large U.S. banks take a harsher view of loans than of other troubled assets, according to a Federal Reserve document obtained by The Associated Press. That approach favors a few Wall Street banks while potent…

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Intraday calls for 21-04-09

Markets likley to see a gap down opening. Markets will take queue later today from outcome of RBI meet. If markets show recovery later during the day, Buy: Prakash Industries and ABB. …

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Hold Container Corporation, target of Rs 800: Emkay

Posted on: April 20th, 2009 and is filed under Brokerage Recommendations.

Emkay Global Financial Services has recommended a hold rating on Container Corporation of India with a target price at Rs 800 in its April 20, 2009 research report. “Concor reported Q4FY09 results which were in-line with our estimates. …

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