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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

Buy Ultratech with short term target of 3300 and long term target of 4200

Following are the reasons for ultratech stock price to rise in long term:
1) Central Govt's infrastructure plans will get fully executed only in this year resulting into highest capex exp by govt since 2011.
2) Also low interest rates will add to higher capex expenditure by industries which were stuck since

Buy ISGEC Heavy Engg with target of 11445

ISGEC Heavy Engg
CMP: Rs 5995
Target: Rs 11445

Isgec’s business activities span across Process Equipment, EPC Power Plants, Boilers, Sugar Plants & Machinery, Mechanical & Hydraulic Presses, Steel & Iron Castings, Contract Manufacturing, and

Former chairman of Helios and Matheson among three top executives arrested

Chennai police have confirmed the arrest of H&M’s ex-chairman V Ramachandran, CEO & MD GK Muralikrishna, and director Sai Yerra subsequent to our report

The Economic Offences Wing (EOW) of Tamil Nadu police has reportedly arrested three directors of Helios and Matheson Information Technology (H&M) for failing to repay deposit and interest to several depositors. Those arrested by the EOW include, H&M’s former chairman V Ramachandran,

Market View 19/03/2015

Capital First Ltd (CAFL IN) – QIP Details: Issue Size : USD 40.05 mln with option to upsize to USD 48.06 mln , Indicative Size: 6,410,257 to 7,692,307 Equity Shares SEBI Minimum Floor Price : INR 409.90 Indicative Issue Price : INR 390 Closing Price: INR 397.60 on NSE as on 19TH MARCH 2015 Dilution (Post Issue) : 7.14 % to 8.45%

BUY TTK Prestige MOTILAL ON TTK PRESTIGE - INITIATING COVERAGE We expect revenue to grow at a CAGR of 23% over FY15-17, led by 31% CAGR in nonstick cookware


However, co-founder of Infosis Nanadan Nilekani and big bull Rakesh Jhunjhunwala have invested
in the company before it gets listed. The duo has invested Rs100 crore in pre-IPO placement, taking
the valuation of the company at Rs6000-6500 crore. 

The founder of D-Mart retail chain and prestigious investor Radhakishan Damani

MCX proposes to raise stake in Metropolitan Stock Exchange to 15%

Multi Commodity Exchange (MCX) has written to the Securities and Exchange Board of India (Sebi) to be allowed to raise its stake in Metropolitan Stock Exchange (MSE, earlier MCX Stock Exchange) to 15 per cent. The largest commodity bourse holds five per cent stake in MSE and 15 per cent is the