MUHARAT PICKS FROM ICICI SECURITIES: At 20000+ index levels, the broader markets are trading at 18.7x and 16.2x their FY11E and FY12E earnings, respectively. Though the valuations on a FY11E basis have breached the rich valuation zone and market expectations have rolled over the valuations on FY12E earnings. We are in the midst of the Q2FY11 earnings season. Till now, Corporate India has met the expectations of the markets.
1.Dish TV: Target Price - Rs 70
2. IDBI Bank: Target Price - Rs 206
3. IDFC Target: Price - Rs 240
4. Glenmark Pharma: Target Price - Rs 413
5. Maruti Suzuki: Target Price - Rs 1,783
6. RIL: Target Price - Rs 1,260
7. TCS: Target Price - Rs 1,210
MUHARAT PICKS FROM SWASTIKA INVESTMENT:: Swastika Investment has recommended 10 Mahurat Picks on this auspicious occasion of Deepawali. It said that these stocks can be included in one`s portfolio for the time period of one year with the expectation of 25%-30% of return.
1. Alok Industries
2. Essar Oil
3. Eveready Industry
4. Everonn Education
5. Goodricke Group
6. India Cements
7. KSK Energy Ventures
8. Prakash Industries
9. PSL
10. Welspun Corp
MUHARAT PICKS FROM SHAREKHAN: Sharekhan has identified a few value picks from our basket of Stock Ideas for you to invest during Mahurat trading. These stocks, it feels, still have value and are likely to do well even from the current levels. One should invest in these stocks with a perspective of a minimum of 1 year.
1. Aditya Birla Nuvo: Target Price - Rs 925
2. BHEL: Target Price - Rs 2,861
3. IL& FS transport: Target Price - Rs 452
4. JB Chemicals: Target Price - Rs 156
5. Indian Hotels: Target Price - Rs 111
6. Punjab National Bank: Target Price - Rs 1,505
FAIRWEALTH SECURITIES recommended the following weekly techno-fundamental calls (Nov. 5 - Nov. 12, 2010):
Alok Industries : Buy near Rs 28-29 for stop loss of Rs 26.8 and target of Rs 33.
Arvind : Buy near Rs 60-61 for stop loss of Rs 57.7 and target of Rs 67.
Coal India : Buy near Rs 341-344 for stop loss of Rs 333 and target of Rs 368.
Filatex India : Buy near Rs 41-42 for stop loss of Rs 39.2 and target of Rs 49.
India Glycols : Buy near Rs 186-188 for stop loss of Rs 181.7 and target of Rs 203.
JBF Industries : Buy near Rs 221-223 for stop loss of Rs 216.8 and target of Rs 232.
Mirza International : Buy near Rs 20.5-21 for stop loss of Rs 19.8 and target of Rs 23.
The following are group `A` companies which have posted weekly gains/losses (3 each) consistently for last 5 weeks:
> Indiabulls Financial Services
> Syndicate Bank
> Dr Reddy`s (Q,N,C,F)* Laboratories
> Steel Authority (Q,N,C,F)* Of India (SAIL)
> Lanco Infratech
> D L F
