ICICI Bank
Reco price: Rs 694
Current market price: Rs 708.50
Target price: Rs 939
Upside: 32.5%
Brokerage: Kotak Securities

ICICI Bank’s (ICICI) loan growth slowed to 13.0 per cent y-o-y in Q1FY09 on the back of muted growth in the retail segment. Total deposits grew only 1.6 per cent y-o-y to Rs 2,34,460 crore in Q1 FY09. However, (more…)

Tags: multibaggers, RESEARCH CALLS

Voltamp Transformers
Reco price: Rs 764
Current market price: Rs 824.15
Target price: Rs 1,025
Upside: 24.4%
Brokerage: ULJK Securities

Vadodara-based Voltamp Transformers Ltd (VTL) has carved a niche for itself in the transformers’ space because of the experience of over four decades in the industry. It has outperformed its competitors in (more…)

Tags: multibaggers, RESEARCH CALLS

NDTV
Reco price: Rs 385
Current market price: Rs 373.75
Target price: Rs 267
Downside: 28.6%
Brokerage: MF Global Sify Securities India

New Delhi Television Ltd (NDTV) reported a consolidated cash operating loss of Rs 104.4 crore in Q1 FY09, after posting a consolidated cash operating loss of Rs 106.9 crore in Q4 FY08. Consolidated revenues grew (more…)

Tags: multibagger, RESEARCH CALLS

Automotive Axles
Reco price: Rs 271
Current market price: Rs 304.60
Target price: Rs 350
Upside: 14.9%
Brokerage: Angel Broking

Kalyani group promoted Automotive Axles Ltd (AAL) is the largest independent manufacturer of rear drive axle assemblies in India. The company’s Q3 FY08 numbers were above expectations, clocking 54.2 per cent (more…)

Tags: multibaggers, RESEARCH CALLS

Gammon India
Reco price: Rs 202
Current market price: Rs 214.55
Target price: Rs 281
Upside: 31%

Gammon India’s (Gammon) Q1 FY09 revenue grew by only 8.3 per cent year-on-year (y-o-y) to Rs 585.2 crore, much lower than market expectations and way below management guidance of 35-40 per cent. (more…)

Tags: multibagger, RESEARCH CALLS