Opportunity in the pharma industry is huge so probably these parent companies may get more serious because they have been so far not taking that keen interest in their subsidiaries, so I am a big fan of MNC pharma at these levels.
If govt continues to keep in check end product prices, Coal India will never flourish: Angel Broking
ET Now 13 Sep 2012, 16:42
ET Now 13 Sep 2012, 16:42
As long as the government continues to keep in check the end product prices, I do not see any major future for these govt held companies.
If your time frame is 24 months, we are looking at a price of at least about 75-80 for Texmaco Rail and the stock should do catch up actually.
If somebody takes it over then probably there could be some excitement in the counter but with such a huge debt taking a call would be little difficult.
Reliance Industries may have 15% upside from current levels: Angel Broking
ET Now 13 Sep 2012, 16:20
ET Now 13 Sep 2012, 16:20
We have recently booked some profits on Mahindra & Mahindra and got into Reliance, increased our exposure to Reliance. Even at Rs 805, it is looking ripe for 15% kind of upside, we have a target of about 900-925 for Reliance.
Angel Broking maintains a stock-specific approach to yield better returns and listed 12 stocks that can give good returns in the next one year.
Ranbaxy Laboratories Ltd is a ‘SELL’ call with a target of Rs 536 and a stop loss of Rs 558.
Max India Ltd is a ‘BUY’ call with a target of Rs 190 and a stop loss of Rs 176.
Financial Technologies Ltd is a ‘BUY’ call with a target of Rs 945 and a stop loss of Rs 890.
Ranbaxy Laboratories Ltd is a ‘BUY’ call with a target of Rs 540 and a stop loss of Rs 560.
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