Tata Consultancy Services (TCS), India’s largest IT Services company, has announced the fourth quarter results of financial year 2010-2011. The company has reported a 5.1% QoQ growth in sales and 10.7% QoQ growth in net profits, and proposed  an interim dividend of Rs 8 per share for this quarter.

The following stocks have recommended for Mid Term Investment by Broking House Nirmal Bang Securities Redington India Recommendation: Buy Market Price: Rs 84 Target Price: Rs 107 Redington is an end-to-end SCM of IT and non-IT products company. It is expected to expand its business, both organically...

Check out the top stock picks of the day for trading  recommended by AK Prabhakar, Senior Vice-President- Equity Research, Anand Rathi Financial Services. Arvind Ltd Recommendation: Buy Last Close: Rs 75 Target: Rs 83 Stop Loss: Rs 68 The stock has made a high in 38 months and closed at the highest...

Following calls have been recommended by ICICI Securities for intra-day trade on Apr. 15, 2011: Bharti Airtel Buy above Rs 370.50 with target of Rs 378/381.70/higher and stop loss of above Rs 366.70. Comment: Breakout above sideways consolidation range with strong volumes. Bombay Dyeing Buy above...

Infosys Technologies has reported a consolidated net profit of Rs 68,230 million for the year ended Mar. 31, 2011 as compared to Rs 62,190 million for the year ended Mar. 31, 2010, reflecting hike of 9.71%. Total income has increased from Rs 237,320 million for the year ended Mar. 31, 2010 to Rs 287,120...

The following stocks have recommended for Mid Term Investment by Broking House Microsec Capital Navneet Publications Recommendation: Buy Market Price: Rs 63 Target Price: Rs 76 Navneet is into publishing educational, children books and stationary products. With change in syllabus in Maharashtra and...

Check out the top stock picks of the day for trading  recommended Ranak Merchant, Tech Analyst-Strategies, Sushil Financial Services. Century Textiles Recommendation: Buy Last Close: Rs 377 Target: Rs 408 Stop Loss: Rs 360 Century Textiles has formed a Double Bottom at Rs 360 on weekly charts and rallied....

Mehta Equities recommended  the following stocks for intra-day trading for Apr 13, 2011 Coromandel International: Buy above Rs 317 with target of Rs 323 / 326. Prices last session jumped out of a strong valuation resistance around 306 levels and closed much higher. This breakout in prices was accompanied...

Edelweiss Securities selects Hindustan Unilever as weekly stock pick. It has recommends on Buy for a price target of Rs 315 as against current market price of Rs 277. Investment Rationale: Favorable macroeconomic drivers such as GDP and population growth, coupled with rising income levels and lifestyle...

ICICI Securities has recommended Jayshree Tea as pick of the week with a price target of Rs 190 for time period of 3-6 months as against the current market price (CMP) of Rs 173 in its report dated Apr. 8, 2011. Investment Rationale: Darjeeling Tea to drive earnings growth: The company owns six estates...