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Cummins has target of Rs 300: Bonanza

Posted on: June 17th 2009 in Brokerage Recommendations.

Bonanza has recommended long term investors to stay invested in Cummins. Fresh entries can be made only on dips, near Rs 230 level for a target of Rs 300. “Cummins India Limited (CIL) is a 51 percent subsidiary of Cummins Inc. USA, the world’s largest independent diesel engine de…

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Dr Reddy’s surges 5% on GSK partnership

Posted on: June 16th 2009 in Stock News.

Dr Reddy’s has gained after announcing a partnership with GSK.The stock opened at Rs 715 and slipped into the red to Rs 705. However, it surged to a high of Rs 748, up 6% from the day’s low. It is now trading up 5% at Rs 745. Around 19,886 shares have changed hands at the coun…

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