Archive for September 1st, 2008

Praj Industry a must buy as of now.

Stock Idea From: – www.indianmoneyplus.com

Motilal Oswal neutral on Sun TV Network

Motilal Oswal has maintained its neutral rating on Sun TV Network in its August 22, 2008 research report. “We expect Sun TV to maintain its competitive edge in the south Indian broadcasting space in the foreseeable future. However, the stock appears fairly valued at 20.9x FY09E and 16.9x FY10E earnings. Maintain Neutral,” says Motilal Oswal’s research report.

Limited downside in Trent: S Sharma

Technical Analyst, Salil Sharma is of the view that there is a limited downside in Trent.

Buy Satyam Computer Services: Motilal Oswal

Motilal Oswal has maintained its buy rating on Satyam Computer Services in its August 22, 2008 research report. “We expect Satyam to post revenues of Rs 112.8 billion and Rs 137.2 billion, with a PAT of Rs 22.6 billion and Rs 26.3 billion for FY09 and FY10, respectively. We have assumed exchange rate of Rs 41.5/USD for FY09 and Rs 40/USD for FY10. With expected revenue CAGR of 27% and EPS CAGR of 23% till FY10, we believe the stock is attractively valued at 10.1x FY10E EPS. We maintain Buy,” says Motilal Oswal’s reserach report.

CARE assigns IPO Grade 3/5 to 20 Microns

CARE has come out with a research report on 20 Microns. It has assigned IPO Grade 3/5 to the company’s IPO. TML proposes an initial public offering of 43,50,632 equity shares (approximately Rs 26.10 crore).

Zee News has target of Rs 50.7: ICICI direct.com

According to ICICI direct.com, Zee News has target price of Rs 50.7 over a six-month time frame.

Expect La Opala RG to prosper in future: SKP Securities

According to SKP Securities’ report, La Opala RG is all set to prosper in future.

Moser Baer looks weak: Mohoni

Technical Analyst, Deepak Mohoni is of the view that Moser Baer is looking weak.

Hold Firstsource Solutions, says Baliga

Ambareesh Baliga of Karvy Stock Broking is of the view that one can hold Firstsource Solutions.

Exit Moser Baer, says Baliga

Ambareesh Baliga of Karvy Stock Broking is of the view that one can exit Moser Baer.

Stay with Punj Lloyd: Baliga

Ambareesh Baliga of Karvy Stock Broking is of the view that one can stay invested in Punj Lloyd.

Keep Rs 265 stoploss in Punj Lloyd: Mohoni

Technical Analyst, Deepak Mohoni is of the view that one should keep Rs 265 stoploss in Punj Lloyd.