Sharekhan has maintained its hold rating on Jaiprakash Associates with a price target of Rs 237 in its report dated June 17, 2009. “JP Associates Ltd (JAL) recently reported its consolidated and standalone FY2009 numbers after the amalgamation of four of its subsidiaries with itsel…
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Hold Jaiprakash Associates, target of Rs 237: Sharekhan
Posted on: June 18th 2009 in Brokerage Recommendations.
Buy Orchid Chemicals, target of Rs 163: Sharekhan
Posted on: June 8th 2009 in Brokerage Recommendations.
Sharekhan has maintained its buy rating on Orchid Chemicals & Pharmaceuticals, with price target of Rs 163, in its report dated June 5, 2009. “At the current market price of Rs 136, Orchid is discounting its FY2009E earnings by 10.7x and its FY2010E earnings by 8.3x. Though th…
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