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The Baseline
13 Nov 2017
Research reports for the week of November 6 - 12, stock pick of the week

Stock research reports for the week of November 6 are here! Analysts from HDFC Securities, Axis Direct, Edelweiss and more have made their calls as results roll in. Stock pick of the week from analysts is Force Motors, where analysts are expecting a recovery for the company driven by a revive in demand in the second half of FY18, helped by increases in school bus demand.

 

Date Stock Target Upside
(%)
Type CMP Broker Change in
past 6M
2017-11-11 BLS International Services Ltd 300.00 21.33% Buy 247.25 HDFC Securities  
2017-11-11 Dishman Carbogen Amcis 410.00 39.93% Buy 293.00 HDFC Securities  
2017-11-11 State Bank of India 373.00 9.37% Buy 341.05 HDFC Securities  
2017-11-11 Alkem Laboratories Limited 2100.00 6.91% Buy 1964.25 HDFC Securities  
2017-11-11 Aurobindo Pharma Limited 800.00 11.33% NEUT. 718.60 HDFC Securities and 1 other 1x
1x
2017-11-11 Granules India Limited 170.00 37.65% Buy 123.50 HDFC Securities 1x
2017-11-11 SML Isuzu Limited 1225.00 36.26% Buy 899.00 HDFC Securities  
2017-11-11 Voltas Limited 622.00 10.09% Buy 565.00 HDFC Securities  
2017-11-10 Amara Raja Batteries Limited - -% Results Update 777.40 HDFC Securities  
2017-11-10 Hindustan Petroleum Corporat.. - -% Results Update 413.05 HDFC Securities and 1 other  
2017-11-10 Jindal Steel & Power Limited - -% Results Update 165.00 HDFC Securities and 1 other  
2017-11-10 NHPC Limited - -% Results Update 28.05 HDFC Securities  
2017-11-10 Page Industries Limited - -% Results Update 22472.20 HDFC Securities and 1 other  
2017-11-10 Steel Authority of India Lim.. - -% Results Update 79.85 HDFC Securities and 1 other  
2017-11-10 SRF Limited - -% Results Update 1751.45 HDFC Securities  
2017-11-10 Tata Motors Limited - -% Results Update 423.60 HDFC Securities and 1 other  
2017-11-10 Srikalahasthi Pipes Limited 457.00 26.24% Buy 362.00 Religare  
2017-11-10 Balkrishna Industries Limited 1857.00 -5.61% NEUT. 1967.40 HDFC Securities and 1 other  
2017-11-10 Intellect Design Arena Limited 190.00 33.24% Buy 142.60 HDFC Securities  
2017-11-10 ITC Limited 280.00 7.44% NEUT. 260.60 Motilal Oswal  
2017-11-10 IndusInd Bank Limited 2100.00 26.89% Buy 1655.00 Choice India  
2017-11-10 Castrol India Limited 509.00 28.07% Buy 397.45 IDBI Capital and 1 other  
2017-11-10 Rain Industries Limited 418.00 4.80% Buy 398.85 IDBI Capital and 1 other  
2017-11-10 Shree Cements Limited 17351.00 4.14% Sell 18100.00 IDBI Capital and 1 other 2x
2017-11-10 Jindal Stainless Limited - -% Buy 112.45 Edelweiss  
2017-11-10 Sudarshan Chemical Industrie.. 406.00 10.48% Buy 367.50 Edelweiss  
2017-11-10 Future Retail Ltd 680.00 43.11% Buy 475.15 Axis Direct and 1 other  
2017-11-10 Gulf Oil Lubricants India Li.. 1075.00 22.58% Buy 877.00 Axis Direct  
2017-11-10 Jyothy Laboratories Limited 330.00 -5.54% Hold 349.35 Axis Direct and 1 other  
2017-11-10 L&T Technology Services Ltd 920.00 2.00% Buy 902.00 Axis Direct  
2017-11-10 Narayana Hrudayalaya Limited 348.00 16.04% Buy 299.90 Axis Direct  
2017-11-10 Varun Beverages Ltd 590.00 18.00% Buy 500.00 Axis Direct  
2017-11-10 WESTLIFE DEVELOPMENT LTD. 300.00 7.51% Buy 279.05 Axis Direct 1x
2017-11-10 Greenply Industries Limited - -% Hold 318.50 Way2Wealth  
2017-11-10 Trident Limited - -% Hold 88.35 Way2Wealth and 1 other  
2017-11-10 Bajaj Electricals Limited 450.00 8.74% Buy 413.85 Nirmal Bang Institutional 1x
2017-11-10 Muthoot Finance Limited 633.00 33.38% Buy 474.60 Nirmal Bang Institutional and 1 other
1x
2017-11-10 Thermax Limited 870.00 12.12% Sell 990.00 Nirmal Bang Institutional and 1 other 1x
2017-11-10 Triveni Turbine Limited 155.00 14.22% Buy 135.70 Nirmal Bang Institutional  
2017-11-10 The India Cements Limited 200.00 19.87% Buy 166.85 Reliance Securities and 1 other  
2017-11-10 Pidilite Industries Limited 941.00 13.03% Buy 832.50 Reliance Securities  
2017-11-09 FORCE MOTORS LTD. 4876.00 44.91% Buy 3364.80 HDFC Securities  
2017-11-09 Bayer Cropscience Limited - -% Results Update 3946.50 HDFC Securities  
2017-11-09 Cipla Limited - -% Results Update 596.75 HDFC Securities and 1 other  
2017-11-09 GlaxoSmithKline Consumer Hea.. - -% Results Update 6021.00 HDFC Securities and 1 other  
2017-11-09 Bharat Heavy Electricals Lim.. - -% Results Update 90.90 HDFC Securities and 1 other  
2017-11-09 Alembic Pharmaceuticals Limi.. - -% Results Update 512.30 HDFC Securities and 1 other
1x
2017-11-09 ITD Cementation India Limited 189.00 -14.29% NEUT. 220.50 HDFC Securities
1x
2017-11-09 Ashok Leyland Limited 141.00 28.53% Buy 109.70 HDFC Securities and 1 other  
2017-11-09 Kajaria Ceramics Limited 900.00 26.68% Buy 710.45 Religare  
2017-11-09 NRB Bearing Limited 173.00 16.62% Buy 148.35 Religare and 1 other 1x
1x
2017-11-09 City Union Bank Limited 196.00 19.88% Buy 163.50 HDFC Securities and 1 other  
2017-11-09 Gateway Distriparks Limited 282.00 11.90% Buy 252.00 Motilal Oswal  
2017-11-09 Indraprastha Gas Limited 301.00 -6.11% NEUT. 320.60 Motilal Oswal
1x
2017-11-09 Petronet LNG Limited 312.00 21.00% Buy 257.85 Motilal Oswal and 1 other  
2017-11-09 United Breweries Limited 1320.00 17.41% Buy 1124.30 Motilal Oswal 1x
2017-11-09 VA Tech Wabag Limited 745.00 29.12% Buy 577.00 Motilal Oswal  
2017-11-09 Lupin Limited 867.00 4.72% Hold 827.95 IDBI Capital and 1 other  
2017-11-09 Dalmia Bharat Limited 3423.00 16.41% Buy 2940.40 Nirmal Bang Institutional and 1 other  
2017-11-09 Indoco Remedies Limited 295.00 13.46% Buy 260.00 Nirmal Bang Institutional and 1 other  
2017-11-09 Infosys Limited 873.00 9.44% Sell 964.00 Nirmal Bang Institutional 1x
4x
2017-11-09 Vinati Organics Limited 876.00 7.79% Sell 950.00 Nirmal Bang Institutional and 1 other
1x
2017-11-09 Inox Wind 164.00 22.98% Buy 133.35 Reliance Securities  
2017-11-09 Supreme Industries Limited 1250.00 12.12% Buy 1114.85 Sharekhan
1x
2017-11-09 Housing Development Finance .. 1900.00 13.12% Buy 1679.70 Sharekhan and 1 other  
2017-11-09 Balaji Amines Limited 764.00 35.22% Buy 565.00 Edelweiss  
2017-11-09 Lumax Industries Limited 2560.00 27.87% Buy 2002.00 Edelweiss  
2017-11-09 Bajaj Finserv Limited 5350.00 7.11% Buy 4995.05 Edelweiss  
2017-11-09 Carborundum Universal Limited 353.00 -4.86% Hold 371.05 Axis Direct
1x
2017-11-09 Godrej Properties Limited 670.00 -4.01% NEUT. 698.00 Axis Direct
1x
2017-11-09 Hindalco Industries Limited 272.00 3.11% Hold 263.80 Axis Direct and 1 other 1x
1x
2017-11-09 Natco Pharma Limited 1150.00 24.32% Buy 925.00 Axis Direct and 1 other 1x
1x
2017-11-09 Punjab National Bank 195.00 2.63% Hold 190.00 Axis Direct and 1 other  
2017-11-09 Shriram City Union Finance L.. 2510.00 20.50% Hold 2083.00 Axis Direct
1x
2017-11-09 Tata Power Company Limited 95.00 15.71% Buy 82.10 Axis Direct and 1 other 1x
2017-11-08 IRB Infrastructure Developer.. 270.00 19.21% Buy 226.50 HDFC Securities and 1 other  
2017-11-08 Bharat Forge Limited 673.00 -3.72% NEUT. 699.00 HDFC Securities  
2017-11-08 TeamLease Services Limited 2150.00 17.49% Buy 1830.00 HDFC Securities and 1 other  
2017-11-08 Prestige Estates Projects Li.. 281.00 -0.67% NEUT. 282.90 HDFC Securities
1x
2017-11-08 Asian Granito India Limited 642.00 31.13% Buy 489.60 Religare  
2017-11-08 Majesco Limited 680.00 27.84% Buy 531.90 HDFC Securities and 1 other  
2017-11-08 CESC Limited 1360.00 31.15% Buy 1037.00 Motilal Oswal  
2017-11-08 Tata Elxsi Limited 1012.00 10.48% Buy 916.00 Karvy  
2017-11-08 Manappuram Finance Limited 118.00 21.65% Buy 97.00 Edelweiss and 1 other  
2017-11-08 Parag Milk Foods Limited 320.00 29.29% Buy 247.50 Edelweiss  
2017-11-08 Ujjivan Financial Services L.. 400.00 5.29% Buy 379.90 Axis Direct and 1 other  
2017-11-08 eClerx Services Limited 1180.00 -8.10% Hold 1284.00 Axis Direct  
2017-11-08 Hexaware Technologies Limited - -% NEUT. 341.00 Axis Direct
1x
2017-11-08 Power Grid Corporation of In.. 215.00 2.11% Hold 210.55 Axis Direct and 1 other  
2017-11-08 Tech Mahindra Limited 550.00 10.22% Buy 499.00 Axis Direct 1x
2x
2017-11-08 Vedanta (Sesa Sterlite Limit.. 366.00 14.09% Hold 320.80 Axis Direct
1x
2017-11-08 Union Bank of India 164.00 -4.51% Hold 171.75 Reliance Securities
1x
2017-11-07 Kolte - Patil Developers Lim.. 253.00 3.99% NEUT. 243.30 HDFC Securities
1x
2017-11-07 Larsen & Toubro ( L&T ) Info.. 910.00 -2.47% Buy 933.00 HDFC Securities  
2017-11-07 Zensar Technologies Limited 930.00 6.88% Buy 870.10 HDFC Securities and 1 other  
2017-11-07 Rural Electrification Corpor.. - -% Results Update 158.15 HDFC Securities  
2017-11-07 Torrent Power Limited - -% Results Update 258.20 HDFC Securities  
2017-11-07 Century Plyboards (India) Li.. - -% Economy Update 302.70 Religare  
2017-11-07 Greaves Cotton Limited 161.00 26.77% Buy 127.00 Karvy  
2017-11-07 Ajanta Pharma Limited 1493.00 25.36% Buy 1191.00 Choice India  
2017-11-07 HDFC Bank Limited 2100.00 16.54% Buy 1802.00 Choice India 2x
2017-11-07 The Ramco Cements Limited 780.00 -12.21% Sell 695.15 BP Wealth
1x
2017-11-07 HDFC Standard Life Insurance.. - -% IPO Note - Nirmal Bang Institutional and 1 other  
2017-11-07 KEC International Limited 325.00 8.70% ACC. 299.00 Nirmal Bang Institutional and 1 other  
2017-11-07 HeidelbergCement India Limited 170.00 8.90% Buy 156.10 Reliance Securities  
2017-11-07 WABCO India Limited 7276.00 7.71% ACC. 6755.00 Prabhudas Lilladhar  
2017-11-07 LT Foods Limited 96.00 31.06% Buy 73.25 Angel Broking  
2017-11-07 Torrent Pharmaceuticals Limi.. 1433.00 18.17% ACC. 1212.70 IDBI Capital and 1 other
1x
2017-11-07 Glenmark Pharmaceuticals Lim.. 710.00 22.75% ACC. 578.40 IDBI Capital and 1 other 1x
1x
2017-11-07 Cholamandalam Investment and.. 1400.00 11.67% Buy 1253.70 Axis Direct  
2017-11-07 Divi's Laboratories Limited 1200.00 20.30% Buy 997.50 Axis Direct 1x
2017-11-07 Dr. Reddy's Laboratories Lim.. 2520.00 8.07% Hold 2331.75 Axis Direct 1x
2017-11-07 Godrej Consumer Products Lim.. 1000.00 7.41% Hold 931.00 Axis Direct 1x
2017-11-07 Hero MotoCorp Limited 4333.00 20.61% Buy 3592.65 Axis Direct and 1 other 1x
2017-11-07 Mahindra Holidays & Resorts .. 380.00 11.36% Hold 341.25 Axis Direct  
2017-11-07 Shriram Transport Finance Co.. 1380.00 9.48% Buy 1260.55 Axis Direct 1x
2017-11-07 Strides Shasun 940.00 20.27% Buy 781.60 Axis Direct  
2017-11-06 Bombay Stock Exchange Limited 1206.00 24.01% Buy 972.50 HDFC Securities  
2017-11-06 CCL Products (India) Limited - -% Hold 318.00 Way2Wealth
1x
2017-11-06 Gujarat Gas Limited 721.00 18.56% Sell 885.35 Motilal Oswal  
2017-11-06 Apar Industries Limited 921.00 22.15% Buy 754.00 Karvy  
2017-11-06 Dabur India Limited 335.00 -1.14% Hold 338.85 Axis Direct 1x
2017-11-06 InterGlobe Aviation Limited 1435.00 22.38% Buy 1172.60 Axis Direct 1x
2017-11-06 JSW Steel Limited 271.00 1.40% Hold 267.25 Axis Direct
1x
2017-11-06 LIC Housing Finance Limited 740.00 26.02% Buy 587.20 Axis Direct 2x
2017-11-06 Mahindra Lifespace Developer.. 489.00 12.28% Buy 435.50 Axis Direct  
2017-11-06 Redington (India) Limited 182.00 -7.99% Buy 197.80 Axis Direct  
2017-11-06 IG Petrochemicals Limited 860.00 14.37% Buy 751.95 Axis Direct  
2017-11-06 ICRA Limited 4406.00 10.18% ACC. 3999.00 Nirmal Bang Institutional  
2017-11-06 IFB Industries Limited - -% Not Rated 1069.80 Nirmal Bang Institutional  
2017-11-06 Titan Company Limited 867.00 11.80% Buy 775.50 Reliance Securities 1x
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