Brokerage Recomendations

UBS Investment Research is bullish on United Spirits and has recommended buy rating on the stock with a 12-month target of Rs 1670.

Citigroup Global research is bullish on Punj Lloyd and has maintained buy rating on the stock with revised target price of Rs 353 from Rs 305.

HDFC Sec is bullish on Tata Steel and has maintained buy rating on the stock with 12-month target price of Rs 880, which implies upside potential of 27%.


Deutsche Bank research is bullish on Reliance Petroleum and has maintained buy rating on the stock with 12-month target price of Rs 140.


Angel Broking firm is bullish on Phillips Carbon Black and has maintained buy rating on the stock with target price of Rs 213 with 12-month prespective.


Citigroup research is bullish on Nicholas Piramal and ahs recommended buy rating on the stock with a target of Rs 395.

KJMC research is bullish on Rashtriya Chemicals & Fertilisers and has maintained buy rating on the stock considering the huge expansion plans envisaged by the company and also strong support from the Government of India combining with the improved financial performance and sector outlook.