Stock picks for July 19, 2012

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Stock picks for July 19, 2012
Following are a few stock picks recommended by analysts and experts.

Karnataka Bank: Shardul Kulkarni of Angel broking has recommended a sell rating on the stock, if the stock rises. Kulkarni told CNBC-Awaaz, "Short term investors should exit from Karnataka Bank on rise. The stock may go down to Rs 93-94 in next 15 days.

South Indian Bank: Emkay Global Financial Services has recommended hold rating on South Indian Bank  with a target of Rs 25, in its July 16, 2012 research report.

The report also said that the bank has been a steady performer with margins maintained at 3% and asset quality also better than most of the peers.

MindTree: Two analysts have put a hold option on the stock. K R Choksey has recommended hold rating on MindTree with a target of Rs 673, in its July 17, 2012 research report. SPA Research has also recommended hold rating on MindTree with a target of Rs 682, in its July latest research report.

Tata Power: Sudarshan Sukhani of S2Analytics has recommended buying Tata Power at current level. Sukhani told CNBC-TV18, "Tata Power is a stock that is now entering an uptrend and therefore it is a share that we want to buy every time we can. At current prices assuming that this market is bottoming out in the short-term, Tata Power becomes a buying opportunity."

DISCLAIMER: GoodReturns provides you with information covering shares, futures and options based on broker's reports as stated on various media. Investors are, however, warned that they should NOT take any buy or sell decision based on these views expressed in the article. Investors should consult their own financial and share advisors before taking purchase or sale decisions. GoodReturns does not take any responsibility for any losses incurred by investors who take their cues from the above article.

Read more about: mindtree, tata power
Story first published: Thursday, July 19, 2012, 8:52 [IST]
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