Monday 10 November 2008

Brokers bullish on HDFC, India Cement, IVRCL Infra

UBS has maintained neutral rating on Tata Steel, with price target Rs 300

Goldman Sachs has kept sell rating on ONGC, with price target Rs 625

India Infoline has kept buy rating on HDFC, with price target Rs 2012

India Infoline has kept reduce rating on Ultratech Cement, with price target Rs 404

Karvy has kept buy rating on India Cement, with price target Rs 115

I-Sec has kept buy rating on IVRCL Infra, with price target Rs 316

HSBC has downgraded Pantaloon Retail to neutral rating, with price target Rs 254

HSBC has downgraded Dabur to neutral rating, with price target Rs 94.5

Citi has upgrades Sun TV to buy rating, with price target Rs 185

B&K Sec has initiated coverage on GMDC with underperformer rating, with price target Rs 49

Source: Moneycontrol

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.