Buy Sangam (India) Ltd For Target Rs.91.00 – Firstcall Research Ltd

SYNOPSIS *  Sangam (India) Ltd. is one of the largest manufacturers of polyester viscose dyed yarn in Asia at a single location with 25% market share in the country. *  For the 2nd quarter of FY15, Net sales grew by 2.02% and stood at Rs. 3750.30 million as against Rs.…

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Hold Zydus Wellness Ltd For Target Rs.875.00 – Sharekhan

Key points *  Q2FY2015 marked a turnaround in Zydus Wellness’ performance with the company reporting a positive growth in volumes (and growth in revenues) after a phase of declining trend or flattish growth for the previous several quarters of tepid performance. The revival is driven by the change made in…

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Buy Orbit Exports Ltd For Target Rs.450.00 – Firstcall Research Ltd

SYNOPSIS *  Orbit Exports Limited was incorporated in 1983 and is based in Mumbai, India. Engages in the manufacture and export of novelty fabrics in India and exports its products to south East Asian countries, the Middle East, Europe, and North America. *  Net sales of the company grew by…

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Buy Bharti Airtel Ltd For Target Rs.393 – Angel Broking Pvt Ltd

Justification: The stock is trading in a strong higher degree uptrend by maintaining ‘Higher Top Higher Bottom’ formation. It has been correcting over the past few days and has now reached near a strong demand zone of `363 – `365. If we meticulously observe the daily chart, a harmonic pattern…

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Buy ACC Ltd For Target Rs.1575 – Way2Wealth

ACC Future The stock future acted in line with our expectations in the past week and hit the falling resistance line of the diamond chart pattern and ended close to it. In this week we expect it to surpass the previous week high of 1521.7 and confirm the bullish breakout…

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Buy ITC Ltd For Target Rs.419 – Way2Wealth

ITC Future The stock future in the Friday’s trading session ended at a life time high. On the daily chart it is on the verge of penetrating the rising resistance line. If prices succeed in crossing the same then stock can rally up to higher levels of 480 in the…

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Infosys Ltd – Accumulate

Infosys Ltd – Accumulate CMP Rs2,070, Target Rs2,305, Upside 11.4%   During its Analyst Day, Infosys articulated its long term strategy in detail stressing on renewing existing service offerings through innovation and automation while adding new capabilities such as design thinking to create innovative end-to-end solutions. Company believes that such…

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Daily Market Strategy – Looking for some December delight

The secret of happiness in not in what one likes to do, but in what one has to do. – James M. Barrie   The state of happiness in the market took a backseat last week as the indices saw some weight shedding. ITC and HUL were among the gainers…

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Stocks in Focus.

Infosys Ltd: Four of the founders of InfosysBSE -1.55 % Ltd are seeking to raise about $1.1 billion by selling stakes in the IT outsourcing company, IFR reported on Monday.Mangalore Chemicals & Fertilizers Ltd: The Kolkata-based Zuari Group on Friday launched yet another bid to take control of Mangalore Chemicals…

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