Monday 3 November 2008

Brokers bullish on M&M, Cairn India, Tata Motors, Bharti

Motilal Oswal Securities kept buy rating on M&M with a price target of Rs 826.

Motilal Oswal Securities kept buy rating on Jindal Steel & Power with a price target of Rs 1339.

Emkay kept buy rating on M&M with a price target of Rs 410.

Religare kept buy rating on Cairn India with a price target of Rs 170.

Sharekhan upgraded ICICI Bank rating to buy with a price target of Rs 728.

India Infoline kept buy rating on Bharti Airtel with a price target of Rs 877.

Karvy kept buy rating on JSW Steel with a price target of Rs 586.

HSBC kept underweight rating on TVS Motors with a price target of Rs 29.15.

HSBC kept Neutral rating on Idea Cellular with a price target of Rs 44.

I-Sec kept buy rating on Cairn India with a price target of Rs 163.

Deutsche Bank kept buy rating on Tata Motors with a price target of Rs 250.

Source: Moneycontrol

Posted by Harsh at 07:14

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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.