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Accumulate Reliance Comm; target of Rs 244: Angel Broking

Posted on: May 6th 2009 in Brokerage Recommendations.

Angel Broking has recommended an accumulate rating on Reliance Communication with a price target of Rs 244, in its report dated May 5, 2009. “Going forward, we expect RCOM to post a 21.8% …

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Buy Bharti Airtel, target of Rs 781: Sharekhan

Posted on: May 4th 2009 in Brokerage Recommendations.

Sharekhan has maintained its buy rating on Bharti Airtel with a price target of Rs 781 in its April 29, 2009 research report. …

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Ranbaxy Laboratories an outperformer: Karvy

Posted on: April 20th 2009 in Brokerage Recommendations.

Karvy Stock Broking has upgraded its rating on Ranbaxy Laboratories to outperformer with a price target of Rs 215 in its April 20, 2009 research report. …

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Buy BHEL, target of Rs 1585: IIFL

Posted on: April 8th 2009 in Brokerage Recommendations.

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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Buy Shree Cement, target of Rs 825: Sharekhan

Posted on: April 7th 2009 in Brokerage Recommendations.

Sharekhan has maintained its buy rating on Shree Cement with a price target of Rs 825 in its April 02, 2009 research report. “Shree Cement has commissioned clinker manufacturing Unit VII of 1MMT capacity at Bangur City, Ras in Pali district of Rajasthan at a capital investment of Rs…

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Motilal Oswal neutral on Tata Power

Posted on: April 7th 2009 in Brokerage Recommendations.

Motilal Oswal has maintained its neutral rating on Tata Power Company with a target price of Rs 763 in its April 2, 2009 research report. “We expect Tata Power to report consolidated net profit of Rs 13.6 billion in FY09, Rs 16.6 billion in FY10, and Rs 14.7 billion in FY11. …

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Buy SAIL (April) at Rs 101: Emkay Global

Posted on: March 30th 2009 in Brokerage Recommendations.

Emkay Global Financial Services has recommended to buy Steel Authority of India, SAIL (April) at Rs 101 with a price target of Rs 122.50 and a stoploss of Rs 87.60 in its March 30, 2009 research report. …

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