Angel Broking has downgraded its rating on Bharat Heavy Electricals from neutral to reduce with a target price of Rs 1,303 in its April 6, 2009 research report. “Bharat Heavy Electricals (BHEL) posted strong Top-line growth of 28.5% yoy to Rs 27,505 crore (Rs 21,401 crore) for FY200…

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Reliance Money has recommended a hold rating on Hero Honda Motors with a target price of Rs 1106 in its April 8, 2009 research report. “We estimate Hero Honda Motors Ltd’s earnings to grow by 27% and 19% for FY09E and FY10E respectively. …

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IIFL has recommended a buy rating on Bharat Heavy Electricals with a target price of Rs 1,585 in its April 06, 2009 research report. “Higher-than-expected 34% YoY growth in 4Q gross revenues was reassuring after the execution slip in 3Q. However, our fears of a muted guidance for F…

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Emkay Global Financial Services has maintained its buy rating on Hindustan Unilever with target price of Rs 305 in its April 08, 2009 research report. “HUL implemented price cut of 4%-20% on select brands and product categories. …

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Emkay Global Financial Services has maintained its reduce rating on Maruti Suzuki India with a target price of Rs 635 in its April 02, 2009 research report. “What we liked is the fact that company has further expanded its reach in the semi urban and rural areas, where the competitiv…

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PINC Research has maintained its hold rating on Tata Chemicals with a price target of Rs 165 in its April 06, 2009 research report. “While TCL’s management is confident that current soda ash prices may hold for next 3 months, it sounded cautious on H2CY09 prices outlook. …

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Angel Broking has recommended a neutral rating on Sesa Goa in its April 02, 2009 research report. “Sesa Goa (SGL), a subsidiary of Vedanta Resources Plc., is India’s largest private player in iron ore exports with combined iron ore reserves of 180 million tonnes. …

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MUMBAI: Shrugging off negative cues from global markets, Indian stocks showed a stupendous recovery led by short covering and moderate buying in frontline stocks. Superlative gains in realty, consumer durables and FMCG helped the indices overcome intra-day …

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Markets likely to see a gap down opening. On Intraday dips buy Bajaj Hindustan and Punj Lloyd. Essar Oil could continue its upmove – It plans to buy 50% stake in Kenya Refinery for $450 million after one and half year delay. …

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BSE Sensex: (10535) we said that ‘the market looks up until 10708’ and the market closed positive registering a high of 10655 and in the process generating an indecisive pattern… the market has gone up high and too fast and so a reaction cannot be ruled out closer to our target of 1…

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