Sell Rating | Nseguide.com

Quotes with Resistance & Support

Market Information

Reduce M&M, target of Rs 689: Reliance Money

Posted on: June 16th 2009 in Brokerage Recommendations.

Reliance Money has recommended a reduce rating on Mahindra & Mahindra, with price target of Rs 689, in its report dated June 16, 2009. “M&M plans to launch 2 new products in auto segment. Newly launched Xylo has already received good response and new SUV launch is also as…

Read More..

Hold HDFC, target of Rs 2517: Sharekhan

Posted on: June 11th 2009 in Brokerage Recommendations.

Sharekhan has recommended a hold rating on Housing Development Finance Corporation (HDFC) with a price target of Rs 2517 in its June 10, 2009 report. “HDFC has received an in-principle nod from its Board of Directors for a combined offering of secured redeemable non-convertible deb…

Read More..

Reduce Fame India, target of Rs 17: Angel

Posted on: June 9th 2009 in Brokerage Recommendations.

Angel Broking has downgraded its rating on Fame India from neutral to reduce with a target price of Rs 17 in its June 06, 2009 research report. “For 4QFY2009, Fame reported a robust Top-line growth of 33% yoy to Rs 23.2 crore (Rs 17.4 crore) on a standalone basis. Fame declared a B…

Read More..

Reduce Tata motors; target of Rs 324: KRChoksey

Posted on: June 9th 2009 in Brokerage Recommendations.

KRChoksey has maintained its reduce rating on Tata Motors with a price target of Rs 324 in its report dated June 08, 2009. “Tata Motors Ltd (TML) reported net sales of Rs 6705.3 crore decline 23% y-o-y & grew by 41% q-o-q. This was mainly on account of 51% decline in volumes o…

Read More..

Sell Tata Motors; target of Rs 200: IIFL

Posted on: June 2nd 2009 in Brokerage Recommendations.

IIFL has downgraded its rating on Tata Motors to sell with a price target of Rs 200 in its report dated June 1, 2009. “Tata Motors’s 4QFY09 PBT, adjusted for the exceptional items stood at a loss of Rs 1,099 million. Reported profits however were higher at Rs 5.87 billion largely…

Read More..

Sell SAIL, target of Rs 117: IIFL

Posted on: June 1st 2009 in Brokerage Recommendations.

IIFL has downgraded its rating on Steel Authority of India (SAIL) to sell with a 12-month target price of Rs 117 in its report dated May 29, 2009. “SAIL’s 4QFY09 profit, at Rs 14.9 billion, came in substantially higher than our estimate (Rs 9.1 billion) and consensus (Rs 7.4 billion)…

Read More..

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. …

Read More..

Sell Cummins India; target of Rs 195: Emkay Global

Posted on: May 30th 2009 in Brokerage Recommendations.

Emkay Global Financial Services has maintained sell rating on Cummins India with a price target of Rs 195 in its report dated May 27, 2009. “Cummins India reported its Q4FY09 results which included amalgamation of its two subsidiaries, Cummins Auto Services Limited and Cummins Sale…

Read More..

Reduce HT Media: Prabhudas Lilladher

Posted on: May 25th 2009 in Brokerage Recommendations.

Prabhudas Lilladher has maintained its reduce rating on HT Media in its May 19, 2009 reports. “Although the worst is over for the company in terms of cost overheads (with newsprint prices back to January 2008 levels), maintaining ad revenue growth will continue to be quiet challeng…

Read More..

Reduce Pantaloon Retail, target of Rs 165: IIFL

Posted on: May 15th 2009 in Brokerage Recommendations.

IIFL has recommended a reduce rating on Pantaloon Retail with a target price of Rs 165 in its May 14, 2009 research report. “Pantaloon Retail (PRIL) ‘same-store sales’ (SSS) growth slowed down to 3% YoY in April, mainly owing to the steep decline in home retailing sales. Home r…

Read More..