Saturday, February 27, 2010

Tracking India Brokerage And Research Firms Stock Advices

Brokerage and independent research firms regularly come out with stock recommendations to help out the retail investors. But what we don't hear is how their recommendations and advices actually performed. So I am going to try to make an effort to gather the recommendations from various brokerages and track their performance. If I find the stocks picked by these firms perform then making money would be as easy as following their advice.

The following is the initial list gathered based on the recommendations from the last 2 weeks of this month. I will update this list once in a week or two and add on performance after a period of 3 months.

Date Brokerage/Research Firm Name Stock Recommendation Target Price on the date of recommendation
26-Feb-10 ULJK Research Polaris BUY 197 146
26-Feb-10 FinQuest Securities Yes Bank BUY 315 236
26-Feb-10 Karvy Kalpataru Power BUY 1292 1026.2
26-Feb-10 Karvy Bharti Airtel MARKET PERFORMER 315 276
26-Feb-10 Karvy Aventis Pharma MARKET PERFORMER 1823 1630
25-Feb-10 Motilal Oswal Mphasis NEUTRAL 710 673
25-Feb-10 Anand Rathi Bharti Airtel SELL 325 276
25-Feb-10 Anand Rathi Mphasis BUY 890 673
25-Feb-10 ULJK Securities Sunil Hitech BUY 282 198
25-Feb-10 Emkay Global Mphasis HOLD 673
24-Feb-10 Firstcall Research Mawana Sugars BUY 42 33.7
24-Feb-10 Firstcall Research Binani Cement BUY 84 69.85
24-Feb-10 Firstcall Research Indian Hotels NEUTRAL 86
24-Feb-10 Firstcall Research Torrent Cables BUY 132 115
22-Feb-10 KRChoksey Nestle India HOLD 2786 2580
22-Feb-10 Motilal Oswal GSK Pharma BUY 1800 1681.75
22-Feb-10 Prabhudas Lilladher KPIT Cummins ACCUMULATE 150 108.85
22-Feb-10 IndiaInfoline HDIL BUY 333 294
22-Feb-10 Karvy Shree Renuka BUY 270 180
20-Feb-10 Firstcall Research Kalindee Rail HOLD 255 213.95
20-Feb-10 Firstcall Research Allied Digital BUY 260 220.3
19-Feb-10 Bonanza Action Construction Equipment HOLD 37
19-Feb-10 Parag Parikh Research GlaxoSmithKline Pharma ACCUMULATE 1650
19-Feb-10 Sunidhi Securities & Finance Renaissance Jewellery BUY 100 70
19-Feb-10 Karvy ITC MARKET PERFORMER 286 249
18-Feb-10 Angel Securities Hindalco ACCUMULATE 179 152
18-Feb-10 Karvy PVR UNDER PERFORMER 154 172
18-Feb-10 HDFC Sec IVRCL Infra BUY 372 315
17-Feb-10 Motilal Oswal Tata Steel NEUTRAL
17-Feb-10 Angel Securities Tata Steel BUY 697 585
17-Feb-10 KRChoksey Tata Steel BUY 718 584
16-Feb-10 Hedge Equities Pratibha Inds ACCUMULATE 447-521 328