Kshitij Anand 26 Sep 2012, 16:23
Defensive names are likely to see some correction as risk-on trade is back in the markets and high beta names are likely to get the much-needed limelight.
Bharti Airtel Ltd is a ‘SELL’ call with a target of Rs 255 and a stop loss of Rs 271.
Cipla Ltd is a ‘BUY’ call with a target of Rs 390 and a stop loss of Rs 366.
The investment bank worries the "strong" headcount addition seen in the first half of the year will come without a corresponding increase in revenues or project starts.
Cummins India Ltd is a ‘BUY’ call with a target of Rs 530 and a stop loss of Rs 490.
Credit Suisse raises target prices of cement majors, ACC upgraded
ECONOMICTIMES.COM 26 Sep 2012, 14:21
ECONOMICTIMES.COM 26 Sep 2012, 14:21
C Suisse has raised price target of cement cos like ACC, Ambuja and India Cements after revising their estimates to factor in higher cement prices.
Ranbaxy Laboratories Ltd is a ‘BUY’ call with a target of Rs 546-550 and a stop loss of Rs 530.
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