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Reduce Phillips Carbon, target of Rs 36: Angel

Posted on: May 6th 2009 in Brokerage Recommendations.

Angel Broking has downgraded its rating on Phillips Carbon Black to reduce from accumulate with a revised target price of Rs 36 in its may 06, 2009 research report. “Phillips Carbon Black (PCBL) reported 11.9% yoy …

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Sensex may correct up to 11910-11840: Angel

Posted on: May 6th 2009 in Brokerage Recommendations.

According to Angel Broking’s Technical Analysis report, if the indices trade below 11985 / 3618 levels then it may correct further to 11910 – 11840 / 3580 – 3550 levels. Angel Broking’s Technical Analysis report: Markets opened on a flat note …

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Accumulate Bank Of India, target of Rs 269: Angel

Posted on: May 5th 2009 in Brokerage Recommendations.

Angel Broking has maintained its accumulate rating on Bank Of India (BOI) with a target price of Rs 269 in its May 4, 2009 research report. …

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Angel initiates Buy on Ipca Labs, sees 30% rise

Posted on: April 22nd 2009 in 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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Buy Orchid Chemical, target of Rs 128: Angel Broking

Posted on: March 27th 2009 in Brokerage Recommendations.

Angel Broking has maintained its buy rating on Orchid Chemicals and Pharmaceuticals with target price of Rs 128 in its March 27, 2009 research report. “Orchid Chemicals and Pharmaceuticals announced that it has bought back bonds worth USD 25.7 million out of the total outstanding F…

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