Emkay Research has maintained a buy rating on Sterlite Technologies with a target price of Rs 245 in its April 1, 2008 research report. “We expect the revenues to grow by CAGR 24% to Rs 25 billion and PAT to grow by CAGR 30% to Rs 1580 million over FY08-10E resulting in an EPS of […]
Emkay Research has recommendaed a buy rating on Vakrangee Softwares with a target price of Rs 304 in its March 31,2008 research report.” We expect the topline and bottomline of the company to grow at a CAGR of 76.7% and 68.6% respectively and the EPS to grow at 62.5% during FY07A-10E. At the current market […]
Angel Broking has maintained a buy rating on Yes Bank with a revised target price of Rs 238 in its March 28, 2008 research report. “We expect 66% CAGR in Deposits and Advances and 53% CAGR in EPS over FY2007-10E. We have factored in 15% reduction in EPS estimates for FY2009E and FY2010E taking a […]
Hem Securities has recommended a buy rating on ABG Shipyard with a target price of Rs 870 in its April 1, 2008 research report. “The company has strong future potential due to its De-Risked Business Model as the company has capability to manufacture vessels for different sectors viz oil & Gas, bulk trade and short […]
Emkay Research has recommended a buy rating on Sunil Hitech Engineers with a target price of Rs 280 in its April 1, 2008 research report. “We expect the topline, bottomline and diluted EPS of the company to grow at a CAGR of 55.6%, 62% and 63.3% respectively during FY07A-FY10E. The scrip currently discounts FY09E and […]
Hem Securities has recommended a buy rating on Cummins India with the target price of Rs 412 which is approximately 31% up from the current market price of Rs 314 in its April 2, 2008 research report. “The company with strong order book and capital expenditure plans of Rs 814 crore is expected to witness […]
Bilpower Ltd, engaged in manufacturing allied equipments for the power engineering sector, is pursuing ambitious expansion plans through organic and inorganic routes. According to the company management, this will help consolidate the company’s fundamentals.
The company is into the business of transformer lamination, motor stamping machines, manufacturing and repair of transformers and […]
XL Telecom bags Rs 154cr export order
BS Reporter / Mumbai March 24, 2008
XL Telecom & Energy has bagged an export order worth Rs 153.90 crore for supply of solar panels to a major power utility company in Europe.
The order has to be executed before June 30, 2008 and XL’s European subsidiary Saptashva is in the […]
Gateway Distriparks
CMP: Rs 116.85
Target price: Rs 175
Merrill Lynch has retained its buy rating on Gateway Distriparks, with a price Target of Rs 175. “GDL is going ahead with its plans to raise funds for Rail Freight subsidiary in which it currently owns 85%; the […]
Tata Motors
CMP: Rs 702.1
Target price: Rs 764
IDFC-SSKI Securities has assigned a ‘neutral’ rating to Tata Motors with a price Target of Rs 764. “Despite strong freight availability and stable freight rates, truck sales have been adversely impacted due to rampant overloading and stringent lending […]
