Mr Aditya Puri, the CEO of HDFC Bank, one of India’s most profitable and respected financial institutions, beleaves that the Indian growth story will push the stock markets higher and a Sensex of well over 30,000 not far away. He argues that even with our existing economic and social problems,...

The following stocks have been suggested for mid term investment by Broking house Sharekhan. Bank of Baroda Recommendation: Buy Market Price: Rs 890 Target Price: Rs 998 It remains among the top performing public sector banks. Robust advances growth, increasing net interest margin, strong growth in...

Check out the top stock picks of the day for trading  recommended by Shrikant Shetty, Head- Equity Advisory, Unicon Securities. Godrej Ind Recommendation: Buy Last Close: Rs 189.40 Target: Rs 220 Stop Loss: Rs 180 Godrej Ind closed with a bullish hammer and has been trading above the medium-term moving...

Following calls have been recommended for intra-day trade by Mehta Equities on Apr. 29, 2011 GSFC: Buy above Rs 379 with target of Rs 383 / 385-86. Prices have been rising steadily forming a series of higher bottoms. Yesterday`s smart rise pushed prices out of a narrow sideways consolidation and have...

Oil & Natural Gas Corporation (ONGC) is the largest Indian oil & gas enterprise and the most valuable PSU by market cap ( controlling ~60% of market share in its industry). The company is also present overseas via its wholly owned subsidiary ONGC Videsh (OVL), which is currently operating in...

ITC is the market leader in the Indian tobacco space, as its foray into FMCG, particularly foods and cigarettes. The company has been able to build strong positions in completely new businesses such as soaps, packaged staples and snacks over the past few years. This adds another strong leg to the medium-term...

KC Securities recommends CRISIL for long term investment as a value stock Strong financial performance in CY 2010 by registering 17% growth in revenue with operating margin of 30.8% and PAT (profit after tax) growth of 28% which was partly helped by planned divestment of properties and sale of investments. Maintained...

The following stocks have recommended for Mid Term Investment by Broking House Angel Broking. HCL Technologies Recommendation: Buy Market Price: Rs 515 Target Price: Rs 603 Hcl Tech will outperform among tier-I IT firms, with revenue (INR terms) CAGR of 23.7% over FY2010-13E. Levers such as managing...

Check out the top stock picks of the day for trading  recommended by Somil Mehta, Sr Tech Research Analyst (Equity), Sharekhan IFCI Ltd Recommendation: Sell Last Close: Rs 53.65 Target: Rs 47 Stop Loss: Rs 56 The stock has broken the bearish triangular pattern on the lower side and has also completed...

Power Finance Corporation (PFC) declared its financial year 2011 results. The institution reported a 27% YoY and 11% YoY growth in interest income and net profits respectively. Here is our analysis of the results. Performance summary Net interest income rises by 24% YoY during FY11 on the back of 25%...