Latest Stock Recommendations

Latest stock recommendations from the various research and brokerage firms

Reliance Industries Ltd (Hold)

Rs. 1089.80 14.75 (1.37%)

STOP LOSS: Rs.1060.00 TARGET: Rs. 1091.00
Ashu Bagri - Technical analyst at SBI Capital Securities

Technically, the stock has a strong resistance at around 1091 levels. The investor can hold the counter with a trailing-stop-loss at 1060 and exit at around 1091 levels.

Unitech Ltd (Hold)

Rs. 73.70 0.00 (0.00%)
Ashish Kapur - CEO at Invest Shoppe

The counter looks promising as the demand is picking up. Its debt is expected to go down. So the investor can hold from a long-term perspective, as the stock can pick up the momentum in coming days.

Unitech Ltd (Hold)

Rs. 73.70 0.00 (0.00%)

STOP LOSS: Rs.67.00 TARGET: Rs. 103.00
Ashu Bagri - Technical analyst at SBI Capital Securities

The counter can go up to 103 after breaking the immediate resistance of around 80 levels. The investor can hold the counter with a stop-loss at 67.

Bharti Airtel Ltd (Hold)

Rs. 311.85 11.85 (3.95%)
Ashish Kapur - CEO at Invest Shoppe

Fundamentally, the stock has good upside potential. The investor can hold and accumulate the counter from long-term perspective.

Bharti Airtel Ltd (Hold)

Rs. 311.85 11.85 (3.95%)

STOP LOSS: Rs.280.00 TARGET: Rs. 335.00
Ashu Bagri - Technical analyst at SBI Capital Securities

The counter looks upward in current trade-pattern. The investor can hold the counter with a strict stop-loss at 280 and exit at around 335 levels.

HDFC Bank Ltd (Hold)

Rs. 1818.20 15.15 (0.84%)
Ashish Kapur - CEO at Invest Shoppe

The housing sector is expected to boom in coming days and HDFC has a strong presence in housing loan segment. So its business looks secured and an investor can hold the counter from a long-term perspective.

HDFC Bank Ltd (Hold)

Rs. 1818.20 15.15 (0.84%)

STOP LOSS: Rs.2600.00 TARGET: Rs. 2685.00
Ashu Bagri - Technical analyst at SBI Capital Securities

The counter can go up to 3,292 if breaks the immediate resistance at around 2,865 levels. The investor can hold the counter with a trailing-stop-loss at 2600 for the first target at around 2865 levels.

Glenmark Pharmaceuticals Ltd (Hold)

Rs. 245.40 3.30 (1.36%)

STOP LOSS: Rs.229.00 TARGET: Rs. 272.00
Mileen Vasudeo - Technical Analyst at Angel Broking

The counter looks bullish technically. The investor can hold the counter for the target at around 272 levels with a stop-loss at 229 levels.

National Aluminium Company Ltd (Hold)

Rs. 403.25 0.60 (0.15%)

TARGET: Rs. 500.00
Vikram Bhatt - Consultant at Positive Finnovationz

Fundamentally, the stock looks positive. It has acquired new lease for its mines. The investor can hold the counter for medium-term target of 370 and long-term target of 500.

National Aluminium Company Ltd (Buy)

Rs. 403.25 0.60 (0.15%)

STOP LOSS: Rs.380.00 TARGET: Rs. 480.00
Mileen Vasudeo - Technical Analyst at Angel Broking

The stock can surge up to 480 levels after breaking the 414 resistance levels. The investor can hold the counter with a stop-loss at 380.

India Brokerage Recommendations : Stock advices for first week of march

This post covers some of the recommendations and advices of the Indian brokerage and research firms that came out in the first week of March. This is a follow up to my first post where I started tracking the recommendations from Indian brokerage and research firms.

In the last week - Aurobindo Pharma had two BUY calls, a number of IT companies also had a BUY and there was one REDUCE for Ranbaxy. The following is the list

Date	Brokerage/Research Firm Name	Stock	Recommendation	Target	Price on the date of recommendation
5-Mar-10	Prabhudas Lilladher	Infosys	BUY	3,250
5-Mar-10	Firstcall Research	NIIT	HOLD	76	66.5
5-Mar-10	Firstcall Research	Bilpower	HOLD	205	177.65
5-Mar-10	Reliance Securities	Dishman Pharma	HOLD	238	208
4-Mar-10	Firstcall Research	SREI Infra	BUY	90	73.45
4-Mar-10	Firstcall Research	Mundra Port	BUY	790	709
5-Mar-10	Karvy	Inox Leisure	MARKET PERFORMER	79
3-Mar-10	Sunidhi Securities	KPIT Cummins	BUY	140	112
4-Mar-10	Angel Securities	Balrampur Chini	NEUTRAL
3-Mar-10	Firstcall Research	Jyoti Structures	BUY	200	161
3-Mar-10	Firstcall Research	Tata Power	HOLD	1499
3-Mar-10	Emkay	South Indian Bank	BUY	180
3-Mar-10	SKP Research	Aurobindo Pharma	BUY	1800
3-Mar-10	Angel Securities	Ranbaxy Labs	REDUCE	445
3-Mar-10	Anand Rathi	Pratibha Industries	BUY	501	350
3-Mar-10	Hem Securities	Videocon Ind	BUY	280
2-Mar-10	Motilal Oswal	Financial Tech	BUY	1822
3-Mar-10	Karvy	Aurobindo Pharma	BUY	1283	970
26-Feb-10	Angel Securities	Tata Motor	BUY	942

RK

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

Indian Stock Picks : Top Analysts recommendations

Here are some of the recommendations from analysts in recent weeks

ONGC
Research: Citigroup
Target price: Rs 910

Citigroup has rated ONGC a 'sell', with a price target of Rs 910, citing lower crude prices and lack of clarity on fuel subsidy burden. "Weak to moderate crude prices have started hurting ONGC, despite lower subsidy sharing, as realisations on JV (joint venture) and international crude suffer," the foreign brokerage said in a report.

My take: I always prefer trading in ONGC, it has support around 990 so I would be buying at this level if markets are not in a panic mode

Aban Offshore
Research: Macquarie
Target price: Rs 605

Macquarie has raised its price target on Aban to Rs 605 from Rs 315 while reiterating its 'underperform' rating after the company's net profit beat estimates, despite falling. The hike in price target is in the wake of the company's plans to raise capital through share issue.

GMR Infrastructure
Research: Enam
Target price: Rs 171

Enam Securities has maintained its 'outperformer' rating on GMR Infrastructure, relative to the sector, with a price target of Rs 171, post its June quarter earnings.

Unitech
Research: ICICI
Target price: Rs 73

ICICI Securities has downgraded its rating on Unitech to a 'sell' from hold, with a price target of Rs 73, citing expensive valuations.

Genus Power
Reasearch: Sharekhan
Target Price: 338

In its results update note, Sharekhan has maintained ‘Buy’ recommendation on Genus Power with a price target of Rs 338 which is an upside of over 90 per cent from its current market price.

Voltamp Transformers
Reasearch: Religare
Target Price: 884

Religare Securities has maintained ‘Buy’ recommendation on Voltamp Transformers with an upgraded price target of Rs 884.

Kalpataru Power
Reasearch: Kotak Securities
Target Price: 865

Kotak Securities has initiated coverage on Kalpataru Power and Transmission with a price target of Rs 865, which is around 20 per cent upside from current market price of Rs 715.

rk

Stock Picks: Top 20 Indian Stocks to own by Forbes India

The following is the list of 20 stocks that were recommended by Forbes India in their recent release

Page Industries: A small company that makes a small product with big margins

Pidilite Industries: Pidilite has brands like Fevicol, M-Seal, car polish Motomax and other assorted consumer art materials and specialised home paints

Dabur: This company has focus. Five years ago, Dabur got out of the pharmaceutical business and put all its effort, like the best brand companies, behind five of its brands

Procter and Gamble Hygiene: Over the last three years, the money that P&G invested did not translate into market cap gains

Marico: Till 2008-09 came by, the company’s sales and profits had grown for 30 consecutive quarters, indicating a stable track record

Blue Star: Two decades to reach Rs. 1,000 crore in sales; two years to reach Rs. 2,000 crore in 2008

BHEL: For 2009-10, the company is increasing its capacity from 10 GW to 15 GW

Power Finance Corporation: At about 25 per cent, the company’s net profit margin is close to what the best software companies earn at half their price-to-earnings ratio

Mahindra & Mahindra: Rural India is earning well because of infrastructure boom. M&M’s SUVs are selling briskly and its market share in the SUV space has gone from 51 per cent to 57 per cent in the last two years

Allcargo Global Logistics: This stock was one of the earliest to recover after it fell dramatically in October

Crisil: The 800-pound gorilla of rating agencies, it rates 1,000 firms today

ICRA: There is room for both Crisil and ICRA in the space

HDFC Bank: A cautious and solid bank, it is safe because its government bond holdings are 3 per cent over the statutory liquidity ratio (SLR) requirement

Kingfisher Airlines: The company has a debt-equity ratio of 3:1

Oracle Financial: It suffered when foreign banks went broke

Suzlon: Debt is high and so are the receivables.

Ranbaxy: The last 12 months have been bad. Sales are down, research hasn’t paid off and US FDA is after it for manufacturing lapses

NIIT: As IT crashed so did the IT trainer. Its stock fell 85 per cent to Rs. 14

Wockhardt: Its core business is in fine fettle. Its problems are foreign loan repayments and derivative losses

Hindalco: The acquisition of Novelis tripled Hindalco’s sales but caused an 11 per cent decline in net profits

RK

Top Indian Stocks To Buy, Stock Picks : Which companies are attractive now in the Indian Stock Market?

I like few companies that are very attractive for investing/trading on the Indian Stock Market

For investment purposes I like Bartronics (No bad news here), IDFC (I think slowdown in infra lending considered here ) and Suzlon (I think it has been battered enough and all the bad news has been incorporated). I will buy Bartronics at the current levels but will wait for IDFC and Suzlon to fall a little since they have run up quite a bit in the last week or so.

For trading purpose I like banks - Axis and ICICI. This sector again was the most affected and I think only better times are ahead for this sector esp with the falling lending/interest rates. Axis is a definitely a buy at current price but ICICI has to go down to around 350 or less to be a buying stock.

RK

Indian Stock Picks

Some stock picks from Sify

• BHEL: Buy

• Orchid Chemicals & Pharma: Buy

• Colgate Palmolive India: Buy

• Tulip IT Services: Buy

• Welspun Gujarat Stahl Rohren: Buy