Wednesday, November 16, 2011

Result Update

 

Dear V M S Reddy,

We understand the need for the right research to make the right investment decisions. To keep you well informed, we bring to you Quarterly Result Update for the following companies:
 
 
Stock Name Stock
Code
Potential
Upside
Rating

 Hindustan Petroleum Corp.

HINPET 332/- 465/- 40%

Buy

 Global Offshore

GARSHI 82/- 101/- 23%

Buy

 State Bank of India

STABAN 1,862/- 2,200/- 18%

Buy

 Bharat Petroleum Corp.

BHAPET 603/- 693/- 15%

Buy

City Union Bank

CITUNI 46/- 52/- 13%

Buy

 Motherson Sumi

MOTSUM 177/- 196/- 11%

Buy

 Marico

MARIN 150/- 165/- 10%

Buy

 Elder Pharmaceuticals

ELDPHA 394/- 428/- 9%

Hold

 Steel Authority of India

SAIL 111/- 120/- 8%

Hold

 Aban Offshore

ABALLO 428/- 456/- 7%

Hold

 Usha Martin

USHBEL 32/- 34/- 6%

Hold

 Orbit Corporation

ORBCOR 36/- 38/- 6%

Hold

 Bank of India

BANIND 326/- 331/- 2%

Hold

 Gujarat Gas

GUJGAS 430/- 410/- -5%

Hold

 Apollo Hospitals

APOHOS 550/- 545/- -1%

Hold

 HEG

HEG 205/- 202/- -1%

Hold

 Nitin Fire Protection

NITFIR 36/- 30/- -17%

Sell

* Recommended Price
 
 
What do the above ratings imply?
 
Strong Buy : >15%/20% for large caps / midcaps, respectively Buy : Between 10% and 15%/20% for large caps / midcaps, respectively; 
Hold : Up to +/-10%;  Sell : -10% or more; 
 

Example: Raj has two stocks A & B. Stock A is recommended as a Strong Buy and stock B as a Sell. In this case, Raj may want to exit B since, he is likely to Sell and invest his money in stock A for better returns.

 

To know more about our research recommendations and updates, please log on to ICICIdirect.com and visit the 'Research' Page.

 
Sincerely,
ICICIdirect.com
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