Angel Stock Broking

Rajen Shah of Angel Stock Broking advises to prefer Reliance Industries over ONGC, BPCL and HPCL.

See 20% upside in Tech Mahindra: Rajen Shah

Rajen Shah of Angel Stock Broking believes that there could be a 20 percent upside on Tech Mahindra from current level.

Expect 50% upside in Vardhman Textiles: Rajen Shah

According to Rajen Shah of Angel Stock Broking, one may expect 50 percent upside in Vardhman Textiles in next 12-18 months. "It recently also set up a new unit at Budhni, where it spent almost Rs 1000 crore for processing, weaving and spinning," he adds.

Expect 50% returns in Ranbaxy Laboratories: Rajen Shah

According to Rajen Shah of Angel Stock Broking, one may see 50 percent returns in Ranbaxy Laboratories over the next 12-18 months.

See 100% upside in India Cements: Rajen Shah

According to Rajen Shah of Angel Stock Broking, one may see 100 percent upside in India Cements.

Axis Bank a top pick: Angel Stock Broking

Axis Bank is a top pick in the banking space which is quoting at hardly 1.2 times adjusted book FY15, says Rajen Shah of Angel Stock Broking.

See opportunities in mid & smallcaps; Axis top pick: Angel

With RBI governor‘s intention of announcing big bang banking reforms and allowing foreign banks to enter and maybe takeover Indian banks, Rajen feels banks like Fedral Bank, South Indian Bank, Karnataka Bank would be in the limelight, says Rajen Shah, Angel Stock Broking.

Bullish on IVRCL Infra, HDIL, Mphasis: Angel Stock Broking

Lalit Thakkar, Angel Stock Broking is bullish on IVRCL Infrastructure, Housing Development and Infrastructure (HDIL), Alembic, Greenply Industries, Mphasis and Electrosteel Castings.

Cement demand may grow post monsoon, but not much: Experts

On account of continued margin pressures, most cement companies are hoping to increase prices for the first time in calendar year 2011. However, this hike may not be sustainable. "Logistical inadequacy is causing price hikes in the cement sector," says Sanjay Ladiwala president of the Cement Stockists and Dealers Association of Mumbai.

Infy price target at Rs 3560, may revise it upwards: Angel

According to Srishti Anand, IT Analyst, Angel Stock Broking, Infosys’ FY11 EPS would be close to Rs 121. “We are looking at close to 10-11% kind of upsides. Right now, price target is Rs 3,560 and we may revise it upwards,” she adds.

Buy Infosys Technologies: Angel Stock Broking

Buy Infosys Technologies, says Srishti Anand, IT Analyst, Angel Stock Broking.