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Buy Hindustan Unilever, target of Rs 276: Emkay

Posted on: May 15th 2009 in Brokerage Recommendations.

Emkay Global Financial Services has maintained its buy rating on Hindustan Unilever with a price target of Rs 276 in its may 12, 2009 research report. “In Q5FY09, HUL reported (1) 5.1% yoy growth in its revenues to Rs 40.4 billion, below our estimates (2) operating profit growth at…

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Buy Sintex, target of Rs 197: Emkay

Posted on: May 15th 2009 in Brokerage Recommendations.

Emkay Global Financial Services has maintained its buy rating on Sintex with a price target of Rs 197 in its May 12, 2009 research report. “Sintex reported a 9% yoy decline in Q4FY09 revenues to Rs 8.5 billion led by commodity price deflation and muted volume growth. However, adju…

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Hold Bank of India, target of Rs 260: Emkay

Posted on: May 9th 2009 in Brokerage Recommendations.

Emkay Global Financial Services has reduced its rating on Bank of India to hold with a target price of Rs 260 in its May 08, 2009 research report. “Bank of India (BOI) reported a net profit of Rs 8.1 billion for Q4FY09 was in line with our expectations. However, the operating perfo…

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Sell Bharati Shipyard, target of Rs 79: Emkay

Posted on: May 9th 2009 in Brokerage Recommendations.

Emkay Global Financial Services has maintained its sell rating on Bharati Shipyard with a target price of Rs 79 in its May 08, 2009 research report. “Bharati Shipyard (BSL) has acquired 14.9% shares @ Rs 315 in Great Offshore (GOL) pledged with itself against a loan of Rs 2000 mill…

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Buy Bank Of Baroda, target of Rs 400: Emkay

Posted on: April 29th 2009 in Brokerage Recommendations.

Emkay Global Financial Services has maintained its buy rating on Bank Of Baroda with a price target of Rs 400 in its April 28, 2009 research report. …

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Hold Container Corporation, target of Rs 800: Emkay

Posted on: April 20th 2009 in Brokerage Recommendations.

Emkay Global Financial Services has recommended a hold rating on Container Corporation of India with a target price at Rs 800 in its April 20, 2009 research report. “Concor reported Q4FY09 results which were in-line with our estimates. …

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