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The Baseline
01 May 2017
Stock research reports for the week, April 23 - 30

Over 50 research reports have landed as company results have come in, and analysts take a look at Q4 growth and projections for FY18. Reports from Axis Direct, HDFC Securities, Motilal Oswal and others have issued new targets and updates for multiple stocks. Stockpick among analysts is Kotak Mahindra Bank, which posted strong quarterly results and improvement in net interest margins, as well as lower NPAs.

Date Stock Target Upside
(%)
Type CMP Broker Change in
past 6M
2017-04-28 Lakshmi Vilas Bank Limited 174.00 -5.90% NEUT. 184.90 Chola Wealth Direct  
2017-04-28 Kotak Mahindra Bank Limited 955.00 5.92% Buy 901.60 Chola Wealth Direct and 1 other 2x
2017-04-28 Menon Bearings Limited 91.00 15.19% Hold 79.00 Karvy  
2017-04-28 KPIT Technologies Limited 140.00 9.20% Hold 128.20 ICICI Securities Limited and 1 other 1x
2017-04-28 KSB Pumps Limited 800.00 14.29% Buy 700.00 ICICI Securities Limited and 1 other 1x
1x
2017-04-28 Maruti Suzuki India Limited 7200.00 10.34% Buy 6525.50 ICICI Securities Limited and 1 other
1x
2017-04-28 Reliance Capital Limited 740.00 11.29% Buy 664.95 ICICI Securities Limited 1x
2017-04-28 IRB InvIT Fund IPO - -% IPO Note - ICICI Securities Limited  
2017-04-27 Tata Sponge Iron Limited - -% Results Update 825.55 HDFC Securities  
2017-04-27 Wipro Limited - -% Results Update 494.10 HDFC Securities and 1 other
1x
2017-04-27 Welspun India Limited - -% Results Update 95.95 HDFC Securities  
2017-04-27 Persistent Systems Limited - -% Results Update 587.50 HDFC Securities and 1 other 1x
2017-04-27 LIC Housing Finance Limited - -% Results Update 668.40 HDFC Securities and 1 other 1x
2x
2017-04-27 IPCA Laboratories Limited - -% Results Update 595.10 HDFC Securities
1x
2017-04-27 IDFC Bank Limited - -% Results Update 65.75 HDFC Securities and 1 other 1x
2017-04-27 Axis Bank Limited - -% Results Update 509.60 HDFC Securities and 1 other
1x
2017-04-27 Zensar Technologies Limited 1023.00 18.75% Buy 861.50 HDFC Securities and 1 other  
2017-04-27 Shriram Transport Finance Co.. 1269.00 22.60% Buy 1035.05 Motilal Oswal and 1 other 2x
1x
2017-04-27 TVS Motor Company Limited 581.00 17.23% Buy 495.60 Motilal Oswal 1x
2017-04-27 Oil & Natural Gas Corporatio.. 233.00 25.07% Buy 186.30 Motilal Oswal 1x
2017-04-27 Mold-Tek Packaging Limited 351.00 26.92% Buy 276.55 Nirmal Bang Institutional  
2017-04-27 WIM PLAST LTD. 1628.00 7.03% Buy 1521.00 Karvy  
2017-04-27 JK Lakshmi Cement Limited 625.00 33.83% Buy 467.00 Prabhudas Lilladhar  
2017-04-27 Larsen & Toubro(L&T) Limited - -% Sell 1748.05 Prabhudas Lilladhar  
2017-04-27 Fiem Industries Limited 905.00 -10.04% Hold 1006.05 CD Equisearch  
2017-04-27 Kewal Kiran Clothing Limited 1844.00 4.18% Hold 1770.00 ICICI Securities Limited  
2017-04-27 Swaraj Engines Limited 1860.00 2.66% Hold 1811.75 ICICI Securities Limited
1x
2017-04-27 Sterlite Technologies Limited 175.00 18.64% Buy 147.50 ICICI Securities Limited  
2017-04-26 Mahindra & Mahindra Financia.. 374.00 10.88% Buy 337.30 HDFC Securities and 1 other  
2017-04-26 Rallis India Limited 280.00 16.18% Buy 241.00 HDFC Securities and 1 other  
2017-04-26 UltraTech Cement Limited 3380.00 20.02% Sell 4226.30 HDFC Securities and 1 other 1x
2x
2017-04-26 Indiabulls Housing Finance L.. - -% Results Update 1016.65 SMC online and 1 other  
2017-04-26 Reliance Industries Limited .. - -% Results Update 1394.80 SMC online and 1 other
1x
2017-04-26 S Chand and Company Ltd IPO.. - -% IPO Subscribe - Way2Wealth and 1 other  
2017-04-26 MindTree Limited 468.00 -3.73% NEUT. 486.15 Chola Wealth Direct 2x
2017-04-26 Indian Bank 350.00 9.91% Buy 318.45 Chola Wealth Direct and 1 other  
2017-04-26 Eros International Media Lim.. 260.00 19.60% Buy 217.40 Dynamic Levels  
2017-04-26 Vadilal Industries Limited - -% Mgmt Note 903.35 ICICI Securities Limited  
2017-04-26 Balaji Telefilms Limited - -% Mgmt Note 100.30 ICICI Securities Limited  
2017-04-26 Ashok Leyland Limited 100.00 17.03% Buy 85.45 ICICI Securities Limited and 1 other  
2017-04-25 Hexaware Technologies Limited 215.00 -6.20% NEUT. 229.20 HDFC Securities and 1 other 1x
2017-04-25 HDFC Bank Limited - -% Results Update 1542.15 SMC online and 1 other
1x
2017-04-25 Cyient Limited 606.00 10.57% Buy 548.05 Chola Wealth Direct and 1 other  
2017-04-25 Multi Commodity Exchange of .. 1235.00 1.61% Buy 1215.45 Axis Direct and 1 other  
2017-04-25 Bajaj Corp Limited 426.00 8.27% Hold 393.45 Karvy
1x
2017-04-25 Wheels India Limited - -% Mgmt Note 1327.05 ICICI Securities Limited  
2017-04-25 Astral Poly Technik Limited 565.00 1.71% Mgmt Note 555.50 ICICI Securities Limited  
2017-04-24 Bank of Baroda 220.00 17.33% Buy 187.50 HDFC Securities  
2017-04-24 Gujarat Alkalies and Chemica.. 519.00 11.53% Buy 465.35 HDFC Securities  
2017-04-24 ACC Limited 1300.00 19.75% Sell 1620.00 HDFC Securities and 1 other
2x
2017-04-24 Bharat Forge Limited 1167.00 2.01% ACC. 1144.00 Prabhudas Lilladhar 1x
1x
2017-04-24 IRB Infrastructure Developer.. 305.00 16.97% Buy 260.75 Emkay  
2017-04-24 Tata Consultancy Services Li.. 2651.00 16.68% Buy 2272.10 Angel Broking  
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