Motilal Oswal is also bullish on Maruti Suzuki India and has recommended buy rating on the stock with a target of Rs 1709 in its July 30, 2012 research report.

"We resume our coverage on Sarda Energy and Minerals (SEML). For 1QFY2013, SEML reported strong growth in profitability due to better realizations and lower costs in its ferro alloy segment. We recommend Buy rating on the stock."

Rural Electrification Corporation (REC): Motilal Oswal is bullish on Rural Electrification Corporation (REC) and has recommended buy rating on the stock with a target of Rs 210 in its July 30, 2012 research report.

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