Sunday, 5 October 2008

Brokers bullish on Cairn India, Indiabulls Real

Merrill Lynch has initiated coverage on Jindal Steel & Power with underperform rating, with a target of Rs 1044

Karvy has kept buy rating on Cairn India, with a target of Rs 287

Kotak Institution has initiated coverage on Indiabulls Real Estate with buy recommendation, with a target of Rs 275

Emkay has kept buy rating on Aban Offshore, with a target of Rs 3868

Credit Suisse has maintained underperform rating on HCL Tech, with a target of Rs 190

Macquarie has maintained outperform rating on JSW steel, with a target of Rs 1460

Source: MoneyControl

Posted by Harsh at 23:53

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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.