Geojit Financial Services has upgraded Balkrishna Industries (BKT) to a BUY rating and assigned a 12-month target price of Rs.
News in Focus


Motilal Oswal has a Buy with a Rs 530 target — 24% upside from Rs 426.

Indian Renewable Energy Development Agency (IREDA) continues to demonstrate strong balance-sheet expansion despite a temporary slowdown in profitability caused by elevated provisioning and foreign

IDBI Capital has maintained its BUY recommendation on Apeejay Surrendra Park Hotels Ltd.

Geojit Financial Services has upgraded Bajaj Auto Limited to a BUY rating from HOLD, assigning a 12-month target price of Rs.

Keynote Capitals has maintained its BUY recommendation on Yatra Online Limited, assigning a target price of Rs. 206 against the current market price of Rs.
Main Regional Stories

Tata Steel share price declined 1.8 percent on Friday after reports of fire at its UK-based steel plant. The company shared the fire was contained but there was damage at the steel plant.

ICICI Securities has retained its BUY call on Indo Count Industries, setting a revised 12-month target of Rs 418, versus a current market price of Rs 344.

ICICI Securities has maintained a HOLD rating on Siemens Ltd., with a 12-month target price of Rs 4,190, implying about 12% upside from the current market price of Rs 3,750.

ICICI Securities has reiterated a BUY recommendation on Kajaria Ceramics, setting a target price of Rs 1,300, implying about 17% upside from the current market price of Rs 1,114 over a 12-month horizon. The brokerage’s thesis rest
Menthaoil settled down -0.97% at 845.4 on the back of strapping carryover stocks in m
Nickel settled down -0.57% at 844.7 as prices seen under pressure with market concerns that the Fed will taper off QE3 soon growing. China’s trade surplus hit USD 33.8 billion in November, its highest since February 2009, with exports exceeding both forecasts and October’s levels and staging a spike of 12.7% YoY. Imports, however, fell short of expectation and previous data, growing 5.3% from a year ago.US non-farm employment data released last Friday topped expectations, and US November unemployment rate dropped a new low of 7.0%, driving up market confidence.
Zinc settled down -0.22% at 115.75 as improving US labor market reignited worries over QE3-tapering and
Copper settled at 446.3 overall traded in the range with positive sentiments as underpinned by ti
Crudeoil settled down -0.88% at 5981 on profit booking and Rupee firmness while outlook
Silver settled down -0.92% at 44052 after stronger-than-expected U.S.








