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Houseviews: 4 buzzing stocks to buy or hold today

Here are brokerages' views on four buzzing stocks of the day.

April 25, 2012 / 11:17 IST

Petronet LNG

Goldman Sachs maintains a buy on Petronet LNG with a target of Rs 205. They feel the earnings miss was largely driven by lower than expected volumes, lower margins and spot cargos. The stock remains their favourite pick and they see 40% potential upside from current levels

Sesa Goa

RBS has upgraded Sesa Goa to hold with a target price of Rs 180. After the sharp correction following the Sesa - Sterlite merger announcement, they believe valuations are now reasonable. They have raised iron ore realisation estimates and expect higher income from Cairn India.

ING Vysya

Morgan Stanley has an equalweight rating on ING Vysya with the target of Rs 275. The bank's profits were lower than expectation on account of lower net interest income and slightly higher provisons. However they believe underlying trends are improving.

Polaris

RBS has a buy on Polaris with a price target of Rs 196. The recent earnings underperformance was driven by the intellect business. However, the medium-term growth drivers for products business is still in place.

first published: Apr 25, 2012 08:53 am

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