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Buy Zicom, target of Rs 145: Sushil Finance

Posted on: June 27th 2009 in Brokerage Recommendations.

Sushil Finance has recommended a buy rating on Zicom Security Systems with price target of Rs 145 in its report dated June 22, 2009. “Zicom has got strong software capabilities relating to the security business. It has also integrated all the multiple security applications into one…

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Buy Shanthi Gears, target of Rs 65: Sushil Finance

Posted on: June 26th 2009 in Brokerage Recommendations.

Sushil Finance has recommended a buy rating on Shanthi Gears, with price target of Rs 65, in its report dated June 22, 2009. “On back of the tough business environment, Shanthi has taken measures to revamp and restructure the entire operational and organizational structure, which m…

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Buy Blue Star, target of Rs 385: Sushil Finance

Posted on: June 26th 2009 in Brokerage Recommendations.

Sushil Finance has recommended a buy rating on Blue Star, with price target of Rs 385, in its report dated June 09, 2009. “During FY09, Blue Star’s net sales increased by 15% YoY to Rs 25689.5 million. Its EBIDTA increased by 16% at Rs 2725.8 million, while the EBIDTA margins dec…

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Buy City Union Bk, target of Rs 32: Sushil Finance

Posted on: June 26th 2009 in Brokerage Recommendations.

Sushil Finance has recommended a buy rating on City Union Bank with a target of Rs 32 in its report June 18, 2009 report. “Key strengths of the Bank are high margins of +3.0%, one of the lowest opex ratio of 38%,well-capitalized with CAR of 12.5% (supported by very high percentage …

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