ICICI Bank:

Sudarshan Sukhani, s2analytics.com advises traders to buy ICICI Bank on dip.

Sukhani told CNBC-TV18, "I have been upbeat on ICICI Bank and I maintain my bullish position. Today the markets are also soft. ICICI Bank is an index heavyweight. It gets influenced by extraneous factors. So I would not take this dip as some kind of a turning point. I would assume that the stock price has more upside here, so I would be a buyer on this dip. Whenever this correction ends the trade is to go long there."

Pidilite Industries:

Motilal Oswal is bullish on Pidilite Industries and has recommended buy rating on the stock with a target of Rs 275 in its January 30, 2013 research report.

"Pidilite Industries' 3QFY13 standalone sales grew 21.6% to INR8.3b (est INR8.4b); EBITDA margins expanded 80bp to 18.1% (est 18.8%), adjusted PAT grew 20% YoY to INR1.04b (est INR1.1b) supported by higher-than-expected other income of INR164m (est INR100m). Reported PAT grew 67.2% as it included a) forex gains of INR89.3m, against a forex loss in base and b) reversals of INR109.9m in interest expense due to FCCB conversion. Consumer Bazaar segment registered 16% volume growth in 3QFY13.

Sun TV Network:

KRChoksey has recommended hold rating on Sun TV Network with a target of Rs 460, in its January 25, 2013 research report.

"Sun TV's Q3FY13 result was in line with our expectation. Net sales stood at Rs 486crs, a healthy growth of 14.3% YoY primarily driven by 20% YoY increase in advertising revenue. EBITDA for the quarter was Rs 376crs, increased by 10.3% YoY. EBITDA margin declined by 270bps to 27.5% as programming cost increased

Titan Industries:

Dolat Capital is bullish on Titan Industries and has recommended buy rating on the stock with a target of Rs 347 in its January 30, 2013 research report.

"Titan Industries, Net Sales at Rs 30bn up 17% v/s our estimate of Rs 28.7bn. Gross margin declined by 40bps YoY to 23.1%. EBITDA at Rs 2.8bn up 32.8% as EBITDA margins expanded by 64bps to 9.4% (our estimate of 10.2%). Advertising cost to sales ratio stood at 3.6% down 133bps YoY and down 70bps QoQ. PAT at Rs 2bn up 24% v/s our estimate of Rs 2bn."

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