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Quotes with Resistance & Support

Market Information

Buy Nagarjuna Construction, target of Rs 151: Motilal Oswal

Posted on: June 2nd 2009 in Brokerage Recommendations.

Motilal Oswal has maintained its buy rating on Nagarjuna Construction Company with a target price of Rs 151 in its May 29, 2009 research report. “Nagarjuna Construction’s revenues for 4QFY09 stood at Rs 11 billion (-12.4%YoY, vs estimate of Rs 14.3 billion) and net profit of …

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Analysts’picks: HUL

Posted on: May 9th 2009 in Stock Views.

CMP: Rs 232.90 Target price: Rs 278 CLSA has assigned an ‘outperform’ rating to fast-moving consumer goods firm HUL, citing attractive valuations as the key reason. HUL’s 2-6-percentage points market share loss across categories is worrisome. However, our analysis highlights that th…

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Analysts’picks: Dabur India

Posted on: May 9th 2009 in Brokerage Recommendations.

Macquarie has downgraded its rating on Dabur India to ‘neutral’ from ‘outperform’, citing expensive valuations and a lack of near-term triggers. The brokerage has retained its price target of Rs 100 for the stock.CMP: Rs 110.85 Target price: Rs 100 “The share price has rallied…

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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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