1. Zee Entertainment Enterprises: recommended buy rating on the stock with a target of Rs 170 in its July 2, 2012 research report.
This stock is ranging between 110 to 145 from the past two years.The stock has crossed the level of 60 which it had been ranging over the last two years. This indicates further bullishness in the stock.
This stock is ranging between 110 to 145 from the past two years.The stock has crossed the level of 60 which it had been ranging over the last two years. This indicates further bullishness in the stock.
2. Mercator: Buy Mercator. The experts suggest Mercator to be a buying opportunity as this share has increased 30% from what it was.
3. Bharti Airtel:recommended buy rating on the stock with a target of Rs 370.
the survey concludes that the pricing pressure will continue in the industry.
The industry has not been able to overcome the following impacts yet
1) increase in service tax, and
2) regulatory restrictions on sales of certain bundled top-up
So keeping this into considerations the FY13/14 EBITDA estimates for Bharti Airtel are downgraded by 4-6% and EPS by 23% largely on lower India mobile RPM/margins given adverse pricing environment.
4. Redington(India): Stock is bullish and hence has recommended buy rating on the stock with a target of Rs 87.Redington India Ltd has reported net profit of Rs 1020.90 million for the quarter ended on March.31, 2012 as against 762.20 million in the same quarter last year, an increase of 33.94%.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.