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Stock tips for Jan 25, 2013


Stock tips for Jan 25, 2013
Here are a few stock ideas from leading brokerage houses in the country.

Tech Mahindra:

Sudarshan Sukhani, advises traders to buy Tech Mahindra .


Sukhani told CNBC-TV18, "I would not have shorting candidates on mid-cap IT because a lot of them have actually collapsed today, hardly- a right location for going short. I do have an interesting buying idea and that is Tech Mahindra. Now buying should be done only if the Nifty opens well and the markets are at a comfortable level. This is a stock that is certainly looking much higher.

Asian Paints:

Angel Broking has maintained neutral rating on Asian Paints , in its January 22, 2013 research report.

"For 3QFY2013, Asian Paints (APL) posted a 30.6% yoy growth in its bottom-line which was ahead of our estimates. Volume growth for the domestic business is estimated to be at a healthy ~12-13% yoy for the quarter aided by the occurrence of festivals during the quarter."

Tata Motors:

Anand Tandon, CEC, JRG Securities advises traders to hold Tata Motors in their portfolio.

Tandon told CNBC-TV18, "One need to wait for a little while. Obviously, the street has been taken by surprise. What was surprising to me was why the volumes continued to grow as much as they did given the kind of scenario we had in Europe? But so far they did and now obviously it is catching up somewhere."

Dish TV:

Motilal Oswal has maintained neutral rating on Dish TV India with a target of Rs 75 in its January 23, 2013 research report.

"Dish TV (DITV) enjoys a leadership position, with ~30% subscriber share in the fast-growing 6-player Indian DTH market. As of December 2012, DITV had 10.5m active DTH subscribers. DITV launched a 'lifetime free' scheme, which will enable subscribers to watch 70 free channels for five years for a recharge of INR200 every six months."

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: stock picks
Story first published: Friday, January 25, 2013, 9:11 [IST]
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