Stock picks for July 20, 2012

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Stock picks for July 20, 2012

Here are a few stock picks for July 20 as recommended by brokers and analysts.

Hero Motocorp: Dilip Bhat, Joint MD, Prabhudas Lilladher recommends buy rating at lower levels on Hero Motocorp.

Bhat told to CNBC-TV18 "I would still look to buy Hero Motorcorp may be not at these levels, may be slightly at lower levels because if you were to take their EPS, RoE and free cash flow that the company is generating, its very difficult to ignore this stock, it should be a part of your core portfolio."

On Thursday, Hero Motocorp reported the growth of 10.3% in its net profits for the April-June quarter at Rs 615.46 crore, driven by the record high sales during April and May months.

Zee Entertainment: Two analysts have put a buy call on Zee. Edelweiss has recommended Zee Entertainment at a target price of Rs 166. SP Tulsian is also bullish on Zee Entertainment

Edelweiss further added that in the present poor advertisement environment, a sustained improvement in GRPs will provide a much needed boost to Zee entertainment.

Infosys: Prabhudas Lilladher is bullish on Infosys and has recommended buy rating on the stock with a target of Rs 2850 in its July 18, 2012 research report.

Bajaj Finance: Nirmal Bang is bullish on Bajaj Finance and has set target price of Rs 1,170.

Bajaj Finance reported net profit of Rs 138.7 crore in the first quarter exceeding the expectations. Loans and losses and other provisions for the quarter declined 20.6% sequentially and 6.4%year-on-year.

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: infosys, hero motocop
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