Broking House Karvy have upgraded their rating of Tulip Telecom stock to `Buy` from `Out performer` with a target price of Rs 233, implying an EV/EBITDA multiple of 5x FY12E earning per EPS. Current market price: Rs 179 Target price: Rs 233 The broking house said that Tulip recorded a 19.2% y-o-y growth...

Here are some of the stocks recommended by Broking house Fullerton Securities for medium term investment. Canara Bank Recommendation: Buy Market Price: Rs 780.25 Target Price: Rs 899 Canara Bank is poised to leverage its branch network of 3,066 branches. We expect CASA ratio to improve to 32% and NIM...

Broking firm Edelweiss has recommended  Federal Bank as pick of the week with the target price of Rs 510 as against current market price (CMP) of Rs 439.5. Rationale Federal Bank is a Kerala-based private sector bank. It has an asset base of Rs 441 billion as on Q2FY11 and a market cap of Rs 80 billion,...

Here are some of the stocks recommended by Broking house CENTRUM for medium term investment. Allcargo Global Logistics Recommendation: Buy Market Price: Rs 163 Target Price: Rs 207 A high volume growth is expected in its European subsidiary — ECU Line, and through the acquisition in China, the co...

Here are some of the stocks recommended by Broking house Eastern Financiers medium term investment. Vardhman Textiles Recommendation: Buy Market Price: Rs 353.20 Target Price: Rs 520 Vardhman’s product portfolio includes yarn, processed fabric, sewing thread, acrylic fibre and alloy steel. The...

Current Market Price: Rs 26 Target Price: Rs 36 Book Value: Rs 91 EPS: Rs 12 Dividend: 20% REI Agro Stock Analysis REI Agro exports Basmati rice to gulf countries. REI Agro has commissioned wind power plants in Rajasthan, Maharastra, Tamilnadu and Gujarat Planning to invest Rs 300 cr to increase rice...

Current Market Price: Rs 133 Target Price: Rs 170 Book Value: Rs 91 EPS: Rs 12 Dividend: 20% United Bank of India Stock Analysis United Bank of India posted 31% growth in Q2 net profit of Rs 109 cr. Net interest income has  reached Rs 526 cr with 48% growth. UBI is partnering with Unique Identification...

Here are some of the stocks recommended by Broking house SMC Global for medium term investment. JMC Projects (India) Recommendation: Buy Market Price: Rs 208 Target Price: Rs 227 JMC operates in varied segments such as roads, power, industrial and housing constructions. A healthy order-book, tie-ups...

Here are some of the stocks recommended by Broking house Kotak Securities for medium term investment. Infosys Tech Recommendation: Buy Market Price: Rs 3,024 Target Price: Rs 3,454 INFOSYS IS benefiting from the positive change in client sentiments and the presence of various margin levers. The company’s...

Current Market Price: Rs 75 Target Price: Rs 90 EPS: Rs 6 Dividend: 50% Book Value: Rs 26 Kajaria Ceramics Ltd Stock Analysis Kajaria Ceramics is one of the top companies in India in Ceramic Tiles sector. Has plants in Rajasthan and Utter Pradesh. Currently exporting its products to around 20 countries...