Goldman Sachs maintains its ‘neutral’ rating on HDFC Bank with a target price of Rs 1,260.
RELIGARE retain its 'buy' rating on HCC with a target price of Rs 230. The company's net sales increased by 18.8% y-o-y in Q1 FY09.
United Spirits' standalone profit grew 34% in the June quarter to Rs 110 crore, led by stronger sales. Merrill Lynch maintains its full-year estimates on the stock.
CLSA continues to remain positive on ITC and a potential weakness in the stock on the back of lower-than-expected earnings will present a 'buy' opportunity.
GOLDMAN Sachs maintains its 'neutral' rating on HDFC Bank with a target price of Rs 1,260. The bank reported 44% growth in net profit to Rs 460 crore in Q1 FY09.
Monday, August 4, 2008
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