Sudarshan Sukhani, s2analytics.com is bullish on the stock and advices investors to buy TCS in October series.
Sukhani told CNBC-TV18, "TCS has been falling relentlessly for the last five days. There are two aspects if we just talk about the next series the next series is going to see next further correction. In general TCS is in a long term bull market so for a person who is looking to invest at some point in October TCS will become an excellent buying opportunity. For a trader who wants to trade now as we speak there is no buying opportunity here and I would advice not to short sell."
Prakash Diwan, Prakash Diwan's Wealth advice investors to buy United Spirits on dips.
Diwan told CNBC-TV18, "The first benefit that's going to happen is this UB group companies particularly United Spirits, UB Holdings all of them have been carrying the burden of the Kingfisher debt on their books in some way or the other. So, the first thing that's going to happen is if these companies will start getting rated on their own independently while things get sorted out with Kingfisher at least and I think the body language from Vijay Mallya is very clear. He is confident of some sort of a solution coming through whether it happens during this restructuring meet with the bankers or whether it happens through the Diageo deal."
KRChoksey is bullish on Coromandel International (CIL) and has recommended buy rating on the stock with a target of Rs 352 in its September 27, 2012 research report.
"CIL has been one of the major beneficiaries from Nutrient Based Subsidy (NBS) policy which allowed companies to fix MRPs of P&K fertilizers. The company witnessed 20% YoY increase in revenues, 271bps improvement in margins and 48% rise in net profit for FY11. The impact of higher prices is likely to impact volumes in FY13, however benefits of capacity expansion and resolution of raw material availability is expected to benefit the company during FY14. India is the second largest consumer of fertilizer in the world next to China. Fertilizer consumption has outpaced food grain production in the country over FY03-12. India's per hectare fertilizer consumption at 141 kg for FY12 is lower than developed and many developing countries."
Emkay Global Financial Services has come out with its report on Hindalco and has recommended buy rating on the stock with a target of Rs 134 in its September 26, 2012 research report.
"Hindalco, volume is likely to remain lower in Hirakud during FY13, as the power plant remains closed following the order of the State Pollution Control Board due to a breach in the ash pond that overflowed into the agricultural land. We believe the cost would also remain high due to purchase of power from the grid. The brownfield expansion in Hirakud is likely to come on stream in FY14; Relocation of Rogerstone facility is underway; Renukoot has been producing at normal capacity Mahan smelter commissioning likely to start in December 2012 with 40 pots within 3 months; after that 1 pot each day is likely to be commissioned; management expects ~45% contribution from Mahan Aluminium in FY14."
Firstcall Research is bullish on Financial Technologies and has recommended buy rating on the stock with target of Rs 1047 in its September 25, 2012 research report.
"Financial Technologies (India) (FTIL) was established in 1988. It is a flagship company of the Financial Technologies Group. Financial Technologies (India) is a large exchange and ecosystem network of 10 exchanges and 5 ecosystem spanning Africa to Asia across multi asset including commodities, currencies, energy and equity. Financial Technologies (India) Ltd. (FTIL) is the flagship company of the Financial Technologies Group".
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