Stock tips for August 27, 2013

buy
MindTree: Quotes, News
BSE 3433.35BSE Quote0 (0.00%)
NSE 3433.85NSE Quote0 (0.00%)
Bajaj Finance: Quotes, News
BSE 882.45BSE Quote32.45 (-3.68%)
NSE 882.75NSE Quote33.75 (-3.82%)
Markets are expected to open lower on continuing worries over the falling rupee and on fears that the passage of the Food Security Bill could put a strain on the fiscal deficit.

Here are a few stock tips from reputed brokers and investment houses.

Bajaj Finance

Motilal Oswal has a buy rating on Bajaj Finance with a price target of Rs 1520. According to the research report from the broking firm, an improvement in risk management has led to historic low GNPA/NNPA at 1.1%/0.2%, despite a challenging macro environment and operations in high-risk segments.

"We initiate coverage with a buy rating and target price of INR1,520 (1.6x FY15E BV of INR949)," the broking firm has stated.

Hatsun Agro

Firstcall Research has put a buy rating on Hastun Agro with a target of Rs 142.

"On the basis of EV/EBITDA, the stock trades at 7.93 x for FY14E and 6.92 x for FY15E. Price to Book Value of the stock is expected to be at 7.55 x and 5.57 x respectively for FY14E and FY15E. We recommend ‘BUY' in this particular scrip with a target price of Rs.142.00 for medium to long term investment," the firm has stated in its research report.

MindTree

Emkay is bullish on MindTree and has put a buy rating in the stock with a price target of Rs 1200.

"While we tweak our $ revenue estimates modestly, our ‘above consensus' FY14/15E earnings stand raised by 4/9 percent each to Rs 114/123 driven by lower currency resets (build in US$/INR at Rs 59.5/60 for FY14/15). Mindtree remains our preferred pick in the mind tier IT Services coverage universe. Retain accumulate, TP Rs 1,200 (V/s Rs 1,100 earlier)," Emkay Global has said in its research report.

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