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The Baseline
08 Jan 2017
Research Reports for the week: January 1-6

Analysts are ramping up for the results week coming up, but some research reports still landed, with PVR Cinemas in spotlight - with a BUY recommendation in light of a lower than expected demonetization effect. Additionally, the Hindi film Dangal boosted box office collections to approximately INR2.4 bn until 31 December 2016 in domestic sales, which is expected to drive up earnings for the Deember quarter. 

Date Stock Target Upside
(%)
Type CMP Broker Change in
past 6M
2017-01-06 CCL Products (India) Limited 329.00 24.39% Buy 264.50 Nirmal Bang Institutional  
2017-01-04 AIA Engineering Limited 1102.00 13.23% Sell 1270.00 CD Equisearch  
2017-01-03 PVR Limited 1429.00 20.60% Buy 1184.95 Motilal Oswal  
2017-01-03 Sintex Industries Limited 106.00 29.11% Buy 82.10 Karvy  
2017-01-03 Alkem Laboratories Limited 1989.00 20.18% Buy 1655.00 Angel Broking 1x
2017-01-02 Manappuram Finance Limited 74.00 3.50% Buy 71.50 Axis Direct  
2017-01-02 Rallis India Limited 250.00 22.43% Buy 204.20 ICICI Securities Limited 1x
1x
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