VK Sharma, HDFC Securities is of the view that one can hold Pantaloon Retail with stop loss of Rs 220.
Sharma told CNBC-TV18, "I would advise to keep a stop loss of Rs 220 in Pantaloon Retail and hold on because this is a time for which this company had waited for so long for this clearance and now it had come. Ultimately, most of these players who have already invested their money, they are waiting for this exercise to be bought back. So they are going sell a part one to other stores. They already sold the format stores of Pantaloon to Aditya Birla Group and by that exercise they have been able to reduce their debt by almost Rs 1,200 crore."
Book profits at current level in Zee Entertainment Enterprises and buy the stock on declines, says Shardul Kulkarni of Angel Broking.
Kulkarni told CNBC-TV18, "Looking at the charts of Zee Entertainment Enterprises, very strong move has already taken place but I would advice some sort of profit booking in case of Zee because we already have had a very strong run up. Stock shows a little bit of a negative divergence on the charts and there is no comfort level of buying the stock at this price. So, I would say that wait for a decline. You can use declines to buy, but at this price I would say if you have positions, book profits, one may get the stock at lower levels."
Tata Motors is one of the potential outperformers of the market. One can buy the stock at the current market price for the target of Rs 295 with a stop-loss of Rs 268, says Shardul Kulkarni of Angel Broking.
Kulkarni told CNBC-TV18, "In case of Tata Motors I would be quite bullish because the stock is holding up, the market is correcting and the stock is trading with a positive bias in today's trading session. I think that stock is one of the potential outperformers of the market. One can buy at the current market price also or on little bit of a decline when the market goes to 5800 which stock to buy. It can be Tata Motors. Buy it with a stop loss of around Rs 268. I feel that stock can move to Rs 295 over the next three to four weeks. So, I would be bullish in case of Tata Motors."
Emkay Global Financial Services is bullish on Infosys and has recommended buy rating on the stock with a target of Rs 2575 in its December 6, 2012 research report.
"Infosys, our discussions with Infosys indicate that a further moderation in FY13 rev guidance of 'at least 5% US$ rev growth to US$ 7,343 mn' is most likely given that decision making on some of the large deals that the co was expecting to close has been impacted both by natural events like Sandy and associated delays as client operations were impacted. Per company, closure on some of the large deals remains critical to it achieving it's annual growth guidance given that it had visibility for~ US$ 3.3 bn of rev for H2FY13 ( V/s guided rev of ~US$ 3.8 bn for H2FY13). We note that while Infosys's FY13 rev guidance of 'at least 5% organic growth' implied a 3.7% CQGR through H2FY13, street including us have been factoring in <6% US$ rev growth despite incorporating the benefits from the Lodestone acquisition (our 5.8% US$ rev growth estimates for FY13 factor in ~4.5% organic growth with Lodestone being consolidated for ~5 months for FY13). Infosys intends to incorporate the impact of Lodestone acquisition into its guidance when it releases its Dec'12 results on Jan 7'2013."
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