Deutsche Bank on Larsen & Toubro Ltd.. Upgrade the stock to Buy with a 12M target price of INR 1,865/sh

Deutsche Bank on Larsen & Toubro Ltd..
Upgrade the stock to Buy with a 12M target price of INR 1,865/sh


Cashflows matter; these have turned around. We upgrade stock to Buy

Cement Industry Update

Fresh round of cuts in cement prices in Mumbai and Delhi

Prices in Mumbai saw a cut of Rs 2-18 per bag

Mumbai based cement players cut cement prices by an average of Rs 4 - 12 per bag yesterday as the housing and infrastructure sectors continue to show no sign of recovery. Overall the cut came from Rs 2-18 per bag, depending on the category of cement and the companies. While large cement

The men who crashed the world

SHAREKHAN STOCK UPDATES

State Bank of India
Reco: Buy
PT: Rs378
CMP: Rs282


Earnings and asset quality show revival, Buy maintained


Key points

Earnings up 23% YoY: In Q4FY2015 State Bank of India (SBI) reported a 23% Y-o-Y growth in net profit, aided by treasury income of Rs1,659 crore and net interest income (NII) growth of 14% YoY. However, there was a one-off income from interest on income tax refund which led to better than

Buy Lycos internet with short term target of 70 and long term target of 200

Lycos, Inc., the  former Internet search and web portal pioneer, announced yesterday that it is seeking a sale of its patent portfolio. The company which sold for $12.5 billion in 2000, most recently was acquired by India-based Ybrant Digital in 2010 for $36 million. Lycos is not a stranger to divesting

Reasons why nifty will cross 8600 soon

Yesterday Rakesh junjunwala bought 25lac nifty in last 30min.. crude down 3% clarity on MAT..
GST mostly will pass on monday in

CITI Institution trading view in a note circulated to all client today afternoon...

CITI  Institution trading view in a note circulated to all client today afternoon... the Nifty has corrected close to 9% taking the top to bottom  correction to 12% in INR terms and 14% in USD terms. Most of th ose indicators are