Suzlon Energy can move upto Rs 75: SP Tulsian

SP Tulsian, sptulsian.com feels that Suzlon Energy can move upto Rs 75 in next 6 months or so.

Tulsian told CNBC-TV18, "Suzlon Energy - all the positive news and indications are coming in – Hansen stake sale, RePower getting squeezed or delisted or even the enabling resolution to raise Rs 5000 crore because in the last rights issue also we have seen the amount getting infused from the promoters or the associates because at that time the rights issue was made at much higher price than the prevailing market price, so maybe the debt of about Rs 12,000 crore, which is still remaining in the books of company may get partly liquidated by this fresh capital raising plan."

He further added, "If you see the results of Q1 all this indicates that management is now firm and taking the positive and affirmative steps which should go well for improving the valuations of the stock and I am expecting that the share can move to about Rs 75 level in the next 6 months or so."

Source:moneycontrol.com

Buy Sterlite Industries; target of Rs 205: Angel Broking

Angel Broking is bullish on Sterlite Industries and has recommended buy rating on the stock with a target of Rs 205 in its July 25, 2011 research report.

“Sterlite Industries’ (Sterlite) consolidated net revenue for 1QFY2012 stood at Rs 9,824cr, slightly below our estimate of Rs 10,200cr. Net profit at Rs 1,640cr was also slightly below our estimate of Rs 1,700cr. For 1QFY2012, Sterlite’s consolidated net sales grew by 65.8% yoy to Rs 9,824cr. Top-line growth was aided by higher metal sales volume as well as metal prices. Further, merchant power sales during the quarter increased by 244.2% yoy to 1,652mn units. However, the company’s power tariff declined by 28.7% yoy to Rs 3.6/unit.”

Stocks that Sharekhan says will be roaring success

Sharekhan has come out with its report on various companies result update.

Allahabad Bank : Allahabad Bank’s Q1FY2011 was characterised by strong NII growth, decline in NPAs and strong fee income growth. The bank targets to grow its advances by 25% in FY2012. Currently the stock trades at 1.4 FY2012 book value. We have a positive outlook on the stock and will release a detailed note shortly.

Tulsian's multibaggers: Tulip Star, Xpro India and Nile Ltd

SP Tulsian of sptulsian.com joins CNBC-TV18 to give his outlook of the market today and pick his multi-bagger ideas. He recommends Tulip Star Hotel, which recently won an arbitration at Juhu Centaur. Valuations reveal almost Rs 200 crore market cap and even when taking a very conservative view, the stock could go up to Rs 300 in about 6-12 months, Tulsian says.

His next pick is Xpro India . The company which is into commercial film packaging has shown sharp improvement in its financials, he says. Though topline remained steady, bottomline almost doubled in the previous quarter. The company barely has any debt on books and currently commands a book value of 100. Trading at earnings per share of Rs 10, it is very likely that over a 5-6 month period, the stock could breach Rs 75 level and return an EPS value of Rs 12.

Multibagger in 5 years? Buy HDIL says PN Vijay

HDIL could be a multibagger with five year point of view, says PN Vijay, Portfolio Manager.

Vijay told CNBC-TV18, "There could be a bottom somewhere in the real estate sector in India because the correction here has been very severe and many other good companies at least have taken some very strong measures to cut the debt and improve the occupancy if you will like to call that. That is an amount of flats and offices sold as compared to the new."

Buy Fortis Healthcare; target of Rs 173: IIFL

IIFL is bullish on Fortis Healthcare and has recommended buy rating on the stock with a target of Rs 173 in its July 13, 2011 research report.

“Fortis Healthcare (on the daily chart) has given an upside breakout, considered to be an important bullish signal. The stock is poised for further gains in the next few trading sessions. The undertone is reasonably strong and is likely to push price higher. After consolidating in the range of Rs 160-165 for last five trading sessions, the stock closed above the peak of its trading range of Rs 640 last week. The upside breakout is well accompanied with decent volumes. Based on above mentioned technical evidences, we recommend traders to buy the stock above Rs 167 with stop loss of Rs 164 for target of Rs 173,” says IIFL research report

Source:moneycontrol.com

Aashish Tater cherry-picks Premier and Wabco-TVS

Aashish Tater joins CNBC-TV18 to cherry pick his favorite stocks for the day which he says are multi-bagger ideas.

He recommends Premier Ltd with a target price of Rs 180. The current price is around Rs 90. Trading at Rs 6-7 earnings per share, there is a good possibility of the stock rising up by 18% from current year EPS, he says. “There is limited downside to Premier.”

Sharekhan handpicks 15 stocks for investment

Sharekhan has come out with its report on Stock Ideas.

ADITYA BIRLA NUVO : the company is best valued using the sum-of-the-parts (SOTP) method. In the wake of the better than expected margin and efficiency of the insurance business, we have raised our new business achieved premium (NBAP) margin multiple for the insurance segment from erstwhile 16% to 18% for FY2012 with an assumption of a 15% growth in the new business premium (on the back of a 29% decline reported by the company in FY2011). Further, with the company for the first time reporting net worth for the consumer finance business, we incorporate the same at 1x its book value. Thus, the revised SOTP-based price target works out to Rs960 and we continue with our Hold recommendation on the stock.

Upbeat on telecom, buy Bharti Airtel, Idea: Motilal Oswal

Motilal Oswal has come out with its report on telecom space. The research firm remains positive on the telecom sector.

Business momentum strong; 3G spectrum amortization and interest costs to impact earnings: We expect revenue momentum to remain strong, driven by continued growth in aggregate minutes of usage, relatively stable tariff environment and increased data usage. Amortization and interest costs related to 3G license fee paid last year would hit the P&L of companies from 1QFY12, depressing headline earnings.

Tater's multibagger picks: Esab India, Phoenix Mills

Aashish Tater, Head of Research, Fort Share Broking has pickedEsab India and Phoenix Mills as his multibagger stock ideas for the day.

"Melrose came out with a open offer with 780 pence for the parent Charter Plc which is a holding company for Esab Holding Pvt Ltd which is a parent for Esab India. We have a target of Rs 1,000 if there is an open offer from Melrose. We will definitely ask our investors not to tender into the stocks because roughly we feel that open offer can come somewhere around Rs 550 to 600 depending upon the conditions. But on longer term this stock is a portfolio bet from our side."

Bajaj Auto, M&M, Maruti Suzuki top picks: PINC Research

PINC Research has come out with its report on auto sector. The research firm has maintained neutral rating on the sector.

Finance, Fuel cost, Strike.... Indian automotive industry continues to witness soft demand emanating from high fuel cost and increase in interest rates. The passenger car industry has been the worst impacted by this and reported their worst performance over the last 30 months. Beside the slow demand, the industry was also besieged by employee strike at Maruti Suzuki’s Manesar plant. In this gloom, 2-wheeler segment maintained their outperformance with strong double digit growth. The prime factors behind strong performance of 2-wheeler segment is their low dependence on financing and lower operational cost. The surprise during the month was growth in medium and heavy commercial vehicle (MHCV) segment despite their high dependence on financing and weak freight market owing to monsoon.”

“We expect MHCV segment sales to see a decline over next 3 months due to increase in diesel price announced in June 2011. Moreover, last year the segment was doing very well due to recovery in the economy and impending emission norm changes.”

Brokerages bullish on Reliance Infra and Lupin

Merrill Lynch recommends buying Reliance Infra with a target of Rs 1,081, the stock is currently trading at Rs 540. They see positives from the bottoming of Mumbai license area profits, a pick-up in execution and growth across the power, roads and metro rail domains.

Credit Suisse has an outperform stance with a target of Rs 480 onLupin . The company is working on eight products and is planning to launch its first biosimilar in India in FY12. The two most advanced products are about to commence clinical trials.

Tulsian's top picks: Polyplex, Sterlite Technologies

SP Tulsian of sptulsian.com in an interview with CNBC-TV18 said that he sees Polyplex and Sterlite Technologies fetching good returns ahead.

He said, "Polypex is the fourth largest thin polyester filmmaker in the world and they have their manufacturing presence in India, Thailand and Turkey. The company posted robust financial performance in FY11 on the back of which they issued 1:1 bonus. This company is sitting on huge cash and looks good when considered from the current levels. The company is expected to post a topline of about Rs 2,500 crore plus in FY12."