Recommendations by Motilal Oswal

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  #1  
Old 24th January 2005, 08:34 PM
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gsehgal is on a distinguished road
Default Recommendations by Motilal Oswal



Hi All

I would like to share M.O reco.s with the members of the forum but would request the senior members or experienced members to advise me on the time by which the target price is expected to achieve.

Shree Cement: Buy at 285 Target 340 - I cannot understand the time horizon for this recommendation from this statement "We maintain Buy with price target of Rs340 (~9x FY06E EPS), an upside of around 19%. "

UTI Bank : buy 191 target 211 (timline not mentioned -> TNM)
Biocon : buy 466 target 650 (12-15 months)

Reliance ind. - buy 511 target 675 - TNM

TRADERJI - CAN WE HAVE YOUR OPINION ON THESE STOCKS - IF IT IS THE RIGHT TIME TO BUY THESE STOCKS AND ALSO WHEN CAN WE EXPECT TO SEE THE TARGETS.

regards
Gurpreet

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  #2  
Old 24th January 2005, 11:40 PM
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vsparikh is on a distinguished road
Default Re: Recommendations by Motilal Oswal

Wait for a drop below 500 expected within a week for reliance. Then it is good for medium/long term investment.

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  #3  
Old 25th January 2005, 09:46 AM
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arun is on a distinguished road
Default Re: Recommendations by Motilal Oswal

Wait and see how the markets behaves this week before taking a BUY decision!

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