NIIT Tech Brokerage: Credit Suisse Rating: OUTPERFORM Target: Rs 350 Rationale: The company reported a fresh order intake of USD 145 million, including one from the Airports Authority of India and a contract renewal with a US-based client.
Ashok Leyland Brokerage: UBS Rating: BUY Target: Rs 26.50 Rationale: Medium and heavy commercial vehicles (MHCV) recovery and deleveraging holds the key to stock performance.
DCB Brokerage: Nomura Rating: BUY Target: Rs 60 Rationale: DCB continued its impressive run, with its twelfth consecutive quarter of 50%-plus year on year earnings growth .
L&T Brokerage: JP Morgan Rating: OVERWEIGHT Target: Rs 1090 Rationale: While L&T was bidding for USD 250 to 300 million ticket size orders, it has now pre-qualified for over USD 1 billion contracts in West Asia.
Oberoi Realty Brokerage: IndiaNivesh Sec Rating: BUY Target: Rs 284 Rationale: At CMP of Rs 217, Oberoi Realty is trading at FY14E & FY15E, EV/EBITDA multiple of 5.2x & 3.7x, respectively. We maintain BUY rating on the stock with price target of Rs 284.