Stocks picks for July 26, 2012

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Stocks picks for July 26, 2012
Here are a few stock ideas that could help discerning investors in the medium to long term.

Crompton Greaves: KRChoksey is bearish on Crompton Greaves and has recommended reduce rating on the stock with a target of Rs 116 in its July 24, 2012 research report.

LIC Housing Finance: Prabhudas Lilladhar is bullish on LIC Housing Finance Ltd with a target price of Rs 310.

LIC Housing Finance Ltd's first quarter of FY13 profit after tax of Rs 227 crore was much lower than our initial expectation of at least RS 300 crore but it was in line with company's recent guidance. Margin performance disappointed but we believe funding costs at around 9.6% have peaked, says Prabhudas Lilladhar.

Hindustan Unilever: Kotak Securities is bearish on HUL and has recommended reduce rating. HUL reported a strong set of financials for the first quarter of FY13, with continued traction in revenue and expansion in margins leadiing to earnings before interest, tax, depreciation and amortization growth of 27%. the Company has stated that there were no signs of downturn.

Geometric: SPA Research is bullish on Geometric  and has recommended buy rating on the stock with a target of Rs 93 in its July 24, 2012 research report.

Jindal Steel and Power: SP Tulsian is bearish and said that stock can slip to Rs 360.

Asian Paints: Firstcall Research is bullish on Asian Paints  and has recommended buy rating on the stock with a target of Rs 4208 in its July 21, 2012 research report.

"We expect that the company surplus scenario is likely to continue for the next three years, will keep its growth story in the coming quarters also. We recommend ‘BUY' in this particular scrip with a target price of Rs 4208 for medium to long term investment," says Firstcall Research report.

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

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