Houseviews: 8 stocks you can buy or sell today
Published on Thu, May 31, 2012 at 00:00 | Source :
Petronet LNG
Macquarie has downgraded Petronet LNG to "UNDERPERFORM" from neutral with target of Rs 142 rupees. It believes that while company's second quarter profits were significantly ahead of estimates due to spot volumes and healthy margins and could be the peak earnings till 2013 as it's constrained for capacity. It feels valuations are also looking stretched.
