Powered By Bazaaredge.com
Market Outlook »
Nifty poised at crossroad
The market remained directionless and moved in a narrow range following closure of leading global stock marketsand banks on account of 'Easter Monday. Technically, the domestic markets have closed with gains on a w-o-w basis but the lower bottom and top remains on the weekly charts. Breaking out above the recent top at the 5945 levels will swing the mood towards the bull camp. .
Buy BOC (I) 311.15 stoploss 300 target 320
Buy L&T 1721.5 stoploss 1700 target 1750
Buy REDINGTON 85.3 stoploss 80 target 100
Buy Aknit Ind. 30.00 Near term it may touch 40
Buy Indus Fila 24.35 Near term it may touch 30
Buy Raj Oil 24.00 Near term it may touch 30
Of the three businesses that are part of the consumer and bazaars pie (78% of revenues), the construction chemicals business, with brands such as Dr Fixit and Roff (~20% of revenues), has registered over 25%
Strong execution continues in 3Q11: BGR’s PAT at Rs876mn came 30% and 25% ahead of our and consensus estimates respectively on account of stronger execution, higher other income and lower tax
Corporate Report »
Yes Bank
Higher deposit rates and faster branch addition led to higher deposit growth of 71% YoY to | 45940 crore (up 16% QoQ). The loan book grew 55% YoY to | 34363 crore, thus moderating the CD ratio to 75%......
Analyst Corner »
REC
While the demand environment is likely to remain healthy, we expect loan growth to moderate from historical levels due to the high base. NIMs too are likely to come off from peaks, though higher ECB borrowings and tax-free bonds would provide some support.
Focus
PTC’s volumes to grow 48% YoY: As the growth in short-term power trading volumes was strong in Q4, we expect PTC’s volumes to grow 48% YoY and to 4.7BU. On a QoQ basis though, volumes are expectedto register a decline of 18% due to negligible contribution from cross-border power plants and other hydel capacities
Hindsights
While we remain positive on demand in the medium term as outstanding sanctions are robust, we expect credit growth to moderate due to the higher base. Asset quality is healthy for now, but the concentrated loan profile, absence of buffers on the balance sheet, mounting losses of state electricity boards (SEB
Hot Delivery based Short term Investment :
Attractive Stock to Buy quoting below 10 P/E
Small & Midcap Attractive Stocks
For more detailed reports visit at http://www.bazaaredge.com
Disclaimer : This report is for the personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. And not soliciting any action based upon it. The report is based upon information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon such. We or any of its affiliates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report
No comments:
Post a Comment