Active Stocks

by khalid on 10/12/2009 · 0 comments

Bull's Eye

Bull's Eye

YES BANK : Motilal Oswal initiates coverage on Yes Bank with a `Buy’ recommendation and a target price of Rs 327.
CMP of Yes Bank is Rs 265.

MAHINDRA SATYAM : JP Morgan upgrades Mahindra Satyam’s rating to `Overweight’ from `Neutral’ with a new June 10 target price of Rs 140 per share. The sharp share price underperformance in the last three months renders risk-reward favourable again for Satyam.
CMP of Mahindra Satyam is Rs 98.

TATA MOTORS : Macquarie upgrades the rating on Tata Motors to `Outperform’ with a target price of Rs 789, an upside of 19%. Tata Motors is to benefit significantly from the revival in sales in the domestic and developed markets on the back of a macro economic recovery.
CMP of Tata Motors is Rs 710.

BAJAJ HINDUSTHAN : Merrill Lynch maintains `Buy’ rating on Bajaj Hindusthan. Bajaj Hindusthan is the most leveraged to sugar prices and sugar prices are to remain strong till December ‘10. Bajaj Hindusthan aims to set up five coalbased power plants of 80 MW each within its existing factories in Uttar Pradesh for Rs 1,600 crore.
CMP of Bajaj Hindustan is Rs 213.

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