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Buy Mahindra & Mahindra, target of Rs 756: Motilal Oswal

Posted on: June 2nd 2009 in Brokerage Recommendations.

Motilal Oswal has maintained its buy rating on Mahindra & Mahindra with a target price of Rs 756 in its May 29, 2009 research report. “M&M’s operational performance for 4QFY09 was significantly better than we had expected, driven by merger of PTL and cost savings, with …

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Market Review for 2nd June 2009

Posted on: June 1st 2009 in Market Outlook.

BSE Sensex: (14841) we said ‘technically the trend is still intact up and we may see an assault on the recent high’ the market came very close to the recent high on the Sensex but it certainly did make a new high on the Nifty front…technically the trend is still intact up but as it …

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IPO investors get returns gift

Posted on: May 30th 2009 in Press Releases.

MUMBAI: Most investors who bet their money on initial public offerings during the heady days of the 2007-08 bull market can heave a sigh of relief. The near 80% rally in key indices since March has translated into even bigger gains in the broader market, with the result that many of the r…

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Buy Dishman Pharma, target of Rs 230: Hem Securities

Posted on: May 30th 2009 in Brokerage Recommendations.

Hem Securities has recommended a buy rating on Dishman Pharmaceuticals & Chemicals with price target of Rs 230 in its May 28, 2009 research report. “The company is a leader in CRAM business amongst the largest Indian pharmaceutical companies. Moreover, in global crisis and wea…

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