stocks Houseviews on stocks
MUMBAI: Houseviews on stocks:
Macquarie on Tata Steel
Recommendation: Outperform
Target: Rs 584
Rationale
Upgrading steel price forecasts
Structural increase in margins over next two years
Debt declining and comfortable liquidity
Corus to ramp production which may lead to lower cost/tn
HSBC on ITC
Recommendation: Overweight
Target: Rs 264
Rationale
Favourable risk-reward balance after recent stock pullback
concerns on tax, competition, monsoon overdone
Upside risks to EPS, fuelled by potential price increases on
certain brands
Karvy on Bajaj Hind
Recommendation: BUY
Target: Rs 246
Rationale
40% increase in volume growth from recent contract for raw sugar import
Sugar sale from imported raw sugar is exempted from 10% levy sugar
Expected to produce 0.7 mn mt of sugar from cane in sugar season 2010
Increased sugar production estimates by 29.2% from 1.05 mn mt to 1.36 mn mt
source: UTVI
Tags: house views on stocks, karvy broking service, Macquarie tips, tata stell buy or sell
Similar Posts:
- Best Large Cap, Mid Cap & Small Cap Stocks To Buy From Sugar Sector For Investing
- Sugar stocks: Sweeter medium-term prospects
- Stocks expelled from F&O take a beating – Of the 51 stocks, 44 end in the red on unwinding of positions
- Best stocks to buy now are banking stocks
- Best 20 Stocks To Buy In 2009 – Buying Stocks Long Term Investing
Latest Query
- by Sam
Market Stats
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
