Buy Glenmark Pharma for Target Rs 728
Religare Research has maintained ‘buy’ on Glenmark Pharmaceuticals for a target price of Rs 728. The company has acquired seven pharmaceutical brands in Poland from Iceland-based Actavis and its affiliate Biovena for an undisclosed sum.
The acquisition will give Glenmark an entry point into Poland and apart from opening up [...]
TimeTechnoInitiatingCoverage.pdf
VALUATIONS & RECOMMENDATION
TTL's business model is extremely scalable on account of the high growth potential of its
target markets. Also, efficient management of its working capital cycle, coupled with a stable
debt scenario and adequate capex have the potential to generate operating leverage and
improve asset turnover ratio. Lastly, its superior technology platform and proven track record
serve as [...]
Inox-RU4QFY2008-110608.pdf Research Reports: Inox Leisure
pitti laminations.pdf Pitti laminations
Great Eastern Shipping
cmp: Rs 387.05
target price: Rs 460
Enam Securities has initiated coverage on Great Eastern Shipping with an ‘outperformer’ rating as it feels that the company’s net asset value (NAV) ‘could provide an upside surprise going ahead’ as ‘tanker asset prices are expected to improve in FY09’. Due [...]
Mundra Port and SEZ
CMP: Rs642.20
Target Price: Rs 571
Batlivala & Karani has initiated coverage on Mundra Port and SEZ with an ‘underperformer’ rating due to its location and draft advantage, apart from factors like surging port traffic and the company’s industrial SEZ. “The [...]
GMR Infrastructure
CMP: Rs 144.55
Target Price: Rs 187
Citi has initiated coverage on GMR Infrastructure with a ‘buy’ rating as the company gets ready to bid for road, hydropower and power transmission projects. The brokerage feels that GMR Infrastructure is ‘looking to emerge as an infrastructure developer across geographies’. According to Citi’s estimates, airports and related real [...]
Emkay Research has maintained buy rating on Yes Bank with a price target of Rs 260 in its April 10, 2008 research report. “The Bank reported strong set of numbers for 4QFY08, partially allaying the concerns on its exposure to Forex derivatives. The bank has reported Rs 645 mn of net profit for Q4 FY08, [...]
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 [...]
Emkay research has maintained buy rating on Hindustan Construction Company HCC with target price of Rs 260 in its January 22, 2008 report. “We believe that the company is on a strong growth trajectory and with more clarity emerging in the real estate business; the company looks to set to unlock value for the shareholders. [...]
Angel Broking has recommended buy rating on Tech Mahindra with a price target of Rs 1222 in its January 24, 2008 report. “During 3QFY2008, Tech Mahindra recorded a strong 8.1% qoq growth in its consolidated Topline. On a standalone basis, the growth stood at 6.1% qoq. Going ahead, we expect Tech Mahindra to record a [...]
Buy RELIANCE Industries
CMP : 2900.RS
Target: 4000.RS
6-12 Months
Why should you Buy ?
* Refinery Expansion
* Retail Drive
* Oil and Gas Exploration
* Reliance Petroleum Valuation
* Acquisitions
* SEZ Plans
Probable Steps to Increase Share Price by RIL :
* Bonus
* Reliance Retail IPO
* Reliance Petroleum Valuation Increase
* Acquisitions
Reliance Industries must be held by everybody though the price appears stretched.
Buy Reliance Petroleum @ 225.RS , Target: 300.RS
Buy Reliance Petroleum at present price of 225.RS .Target of 300.RS Could be attained in 3 months.
Price Refining Margins from REL PET could be higher than RIL.
2008-2009 is going to be the First Full Year of Operations.
Buy ORG INFORMATICS @ 9.RS , Target: 20.RS
ORG INFORMATICS had recently acquired the Satellite Business of Belgacom . This acquisition will enable ORG INFORMATICS to offer DTH Platform to bradcasters in Europe . ORG is targeting Indian Broadcasters who wish to take their channels to Europe to target [...]
Sharekhan research is bullish on Maruti Suzuki and has maintained buy rating on the stock with target price of Rs 1230, in their December 24, 2007 report. “The views expressed by the new MD during the particular interview are in line with MSL’s earlier guidance and consequently we have factored the guidance offered by him [...]