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Quotes with Resistance & Support

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Reduce Indraprastha Gas; target of Rs 122: Angel Broking

Posted on: May 30th 2009 in Brokerage Recommendations.

Angel Broking has recommended a reduce rating on Indraprastha Gas with a price target of Rs 122 in its report dated May 28, 2009. “For 4QFY2009, IGL reported 21.8% yoy jump in Operating Income to Rs 228.5 cr (Rs 187.6 cr), which was marginally above our expectation of Rs 225.8 cr. …

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Reduce Infosys, target of Rs 1,246: Prabhudas Lilladher

Posted on: April 19th 2009 in Brokerage Recommendations.

Prabhudas Lilladher has downgraded its rating on Infosys Technologies to reduce with a target price of Rs 1,246 in its April 15, 2009 research report. …

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Reduce Tata Chemicals, target of Rs 140: Emkay

Posted on: April 8th 2009 in Brokerage Recommendations.

Emkay Global Financial Services has maintained its reduce rating on Tata Chemicals with a price target of Rs 140 in its April 8, 2009 research report. “Tata Chemicals (TCL) management shared cautious outlook on their soda ash business in near future in our recent meeting with compan…

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Reduce BHEL, target of Rs 1303: Angel Broking

Posted on: April 8th 2009 in Brokerage Recommendations.

Angel Broking has downgraded its rating on Bharat Heavy Electricals from neutral to reduce with a target price of Rs 1,303 in its April 6, 2009 research report. “Bharat Heavy Electricals (BHEL) posted strong Top-line growth of 28.5% yoy to Rs 27,505 crore (Rs 21,401 crore) for FY200…

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Reduce Maruti Suzuki, target of Rs 635: Emkay

Posted on: April 8th 2009 in Press Releases.

Emkay Global Financial Services has maintained its reduce rating on Maruti Suzuki India with a target price of Rs 635 in its April 02, 2009 research report. “What we liked is the fact that company has further expanded its reach in the semi urban and rural areas, where the competitiv…

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