Houseviews: 4 stocks with brokerages stamp of approval

Houseviews: 4 stocks with brokerages stamp of approval
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Houseviews: 4 stocks with brokerages stamp of approval
  • 
	Indiabulls Finance 

	Brokerage: Bank of America Merrill Lynch

	Rating: Buy

	Target: Rs 400

	Rationale: With the delhi high court approval of a reverse merger with its subsidiary, the company will soon complete the transformation to a full fledged housing finance company.

    Indiabulls Finance Brokerage: Bank of America Merrill Lynch Rating: Buy Target: Rs 400 Rationale: With the delhi high court approval of a reverse merger with its subsidiary, the company will soon complete the transformation to a full fledged housing finance company.

  • 
	Mcleod Russel

	Brokerage: Nomura

	Rating: Buy

	Target: Rs 429

	Rationale: While in the short-term the stock may react negatively to weak third quarter numbers, one could use it as an opportunity to accumulate the stock as the outlook for tea prices in FY14 remains positive.

    Mcleod Russel Brokerage: Nomura Rating: Buy Target: Rs 429 Rationale: While in the short-term the stock may react negatively to weak third quarter numbers, one could use it as an opportunity to accumulate the stock as the outlook for tea prices in FY14 remains positive.

  • 
	Maruti

	Brokerage: UBS

	Rating: Buy

	Target: Rs 2000

	Rationale: They have raised their FY14 earnings by 21 percent to account for the sharp fall in the yen and expectations of a petrol car demand recovery.

    Maruti Brokerage: UBS Rating: Buy Target: Rs 2000 Rationale: They have raised their FY14 earnings by 21 percent to account for the sharp fall in the yen and expectations of a petrol car demand recovery.

  • 
	Yes Bank 

	Brokerage: Nomura

	Rating: Buy

	Target: Rs 615

	Rationale: A recent grant of new branch licenses improves the outlook significantly for savings account traction going forward.

    Yes Bank Brokerage: Nomura Rating: Buy Target: Rs 615 Rationale: A recent grant of new branch licenses improves the outlook significantly for savings account traction going forward.

  • 
	Indiabulls Finance 

	Brokerage: Bank of America Merrill Lynch

	Rating: Buy

	Target: Rs 400

	Rationale: With the delhi high court approval of a reverse merger with its subsidiary, the company will soon complete the transformation to a full fledged housing finance company.
  • 
	Mcleod Russel

	Brokerage: Nomura

	Rating: Buy

	Target: Rs 429

	Rationale: While in the short-term the stock may react negatively to weak third quarter numbers, one could use it as an opportunity to accumulate the stock as the outlook for tea prices in FY14 remains positive.
  • 
	Maruti

	Brokerage: UBS

	Rating: Buy

	Target: Rs 2000

	Rationale: They have raised their FY14 earnings by 21 percent to account for the sharp fall in the yen and expectations of a petrol car demand recovery.
  • 
	Yes Bank 

	Brokerage: Nomura

	Rating: Buy

	Target: Rs 615

	Rationale: A recent grant of new branch licenses improves the outlook significantly for savings account traction going forward.

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