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Buy Tata Chemicals, target Rs 330: Fairwealth Sec

Posted on: July 1st 2009 in Brokerage Recommendations.

Fairwealth Securities has recommended a buy rating on Tata Chemicals, with price target of Rs 330, in its report dated June 12, 2009. “The company has plans to invest Rs 250 crores in Capex this year. Of this, Rs 50 crore would go into setting up a customised fertiliser plant in th…

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Stocks end lower on F&O expiry

Posted on: June 25th 2009 in Market News.

MUMBAI: Stocks settled on a lower note on the last day of the June derivative series amid volatility. Even the secondline space which was in focus for a major part of the day gave in to profit booking. Sectorwise, consumer durables and automobile stocks were hit while realty and bankin…

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Buy Tata Tea, target of Rs 853: Sharekhan

Posted on: June 13th 2009 in Brokerage Recommendations.

Sharekhan has recommended a buy rating on Tata Tea with a target price of Rs 853 in its June 10, 2009 research report. “Tata Tea’s Q4FY2009 numbers (derived from FY2009 and M9FY2009 numbers) are below our expectations. The top line grew by 9.4% year on year (yoy) to Rs 1,226.1 c…

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