Dilip Bhat, Joint MD, Prabhudas Lilladher advice traders to hold Hero MotoCorp in their portfolio.
Bhat told CNBC-TV18, "Auto, volume has not given any respite so far. There doesn't seem to be great optimism also on that front that there is going to be any great volume growth also even in the second half. So, by and large I think the competition has been doing pretty well especially the Japanese Honda Motors, probably they are doing pretty good volumes at the moment."
Siddharth Bhamre, Angel Broking advice traders to buy DLF around Rs 195.
Bhamre told CNBC-TV18, "Not fresh short positions in public sector banking but shorts are already there. So, that is the reason we were mentioning that there would be some pressure on SBI and PNB. But from positional perspective real estate what we are seeing now in midcaps and previously in largecaps we were seeing short positions getting formed. But this sector may not impact market in big way because of the weightage. DLF according to us Rs 195 to Rs 200 is a very good buy and we would avoid getting into any of the midcap names which have been battered down in this market."
Angel Broking is bullish on Bank of Baroda (BOB) and has recommended accumulate rating on the stock with a target of Rs 864 in its October 23, 2012 research report.
"Bank of Baroda (BoB) reported a moderate performance on the net profit front during 2QFY2013, with a growth of 11.6% yoy to Rs1,301cr. Even on the operating front, the bank witnessed a moderate performance, with growth of around 11% each in the NII and pre-provisioning profits. The asset quality pressure continued for the bank, as slippages remained at elevated levels."
Angel Broking is bullish on Larsen and Toubro (L&T) and has recommended accumulate rating on the stock with a target of Rs 1748 in its October 22, 2012 research report.
"Larsen and Toubro (L&T) posted a good set of numbers for 2QFY2013, which were above our as well as street's expectation, mainly on account of a robust top-line growth and higher divestment gains. As of 2QFY2013, L&T's order backlog stands at Rs1,58,528cr, indicating a growth of 11.5% yoy. Order inflow for the quarter jumped by 30.3% to Rs20,967cr mainly driven by major orders bagged in the Infrastructure and hydrocarbon segment."
Prabhudas Lilladher is bullish on Rolta India and has recommended accumulate rating on the stock with a target of Rs 85 in its October 23, 2012 research report.
"Rolta reported Q1FY13 revenue above our expectation but margins below expectation. The company continues to see benefits from its IP-driven solutions, which has helped in supporting the revenue growth. As Rolta moves away from the services business to IP-driven business, we continue to see subdued earnings performance in H1FY13. We retain our ‘Accumulate' rating."
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