Technical Analyst, Vijay Bhambwani is of the view that Aban Offshore has resistance at Rs 1000-1050. Bhambwani told CNBC-TV18, “Aban Offshore is one company which is basically likely to bounce around from possibly its 30 days simple moving average and the downsides from here are po…
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Buy IDBI Bank, target of Rs 115: Sunidhi Securities
Posted on: July 13th 2009 in Brokerage Recommendations.
Sunidhi Securities & Finance has recommended a buy rating on IDBI Bank, with price target of Rs 115, in its report dated July 10, 2009. “IDBI Bank has adopted a strategy of developing a larger client base in the mid-corporate, SME and retail sectors while nurturing the deep re…
Reduce Tata motors; target of Rs 324: KRChoksey
Posted on: June 9th 2009 in Brokerage Recommendations.
KRChoksey has maintained its reduce rating on Tata Motors with a price target of Rs 324 in its report dated June 08, 2009. “Tata Motors Ltd (TML) reported net sales of Rs 6705.3 crore decline 23% y-o-y & grew by 41% q-o-q. This was mainly on account of 51% decline in volumes o…
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