Indiabulls Securities Research has recommended a hold rating on NTPC with a target of Rs 212 in its July 7, 2009 report. “NTPC’s stock is currently trading at a forward P/E of 18x and 15.4x for FY10E and FY11E, respectively. For our DCF based valuation we have assumed a 14% cap o…
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Hold NTPC, target of Rs 212: Indiabulls Securities
Posted on: July 10th 2009 in Brokerage Recommendations.
Hold Mahindra and Mahindra: Indiabulls Securities
Posted on: July 9th 2009 in Brokerage Recommendations.
Indiabulls Securities Research has recommended a hold rating on Mahindra and Mahindra in its July 7, 2009 reports. “We hold a positive outlook on the Company due to the lower interest rates, easing financing terms, and the Company’s internal arrangements to finance vehicles. Further,…
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