Sarabjit Kaur Nangra, VP-research from Angel Broking says while the revenue miss is disappointing, but the core matrix drivers in terms of volume has done fairly well. The miss has probably come from currency, she adds
Dipesh Mehta, IT Analyst at SBI Capital Securities has a hold rating in HCL Technologies with a target of Rs 970.
Dipesh Mehta, IT Analyst, SBICAP Securities says Wipro Q3 numbers give confidence of future growth prospects because it was reasonably broad based. All the verticals and geographies contributed towards growth, which is very comforting, he adds.
Dipesh Mehta of Nirmal Bang Securities recommends buying ICICI Bank as the stock may touch Rs 820-840.
According to Dipesh Mehta of Nirmal Bang Securities, one may book profits in IT stocks.
Dipesh Mehta of Nirmal Bang Securities recommends buying Oil and Natural Gas Corporation (ONGC) with a week's point of view and expects 7-8 percent upside in the stock.
Dipesh Mehta of Nirmal Bang Securities recommends to go long on DLF July futures.
One can sell HDFC with stoploss of Rs 800, says Dipesh Mehta, Nirmal Bang Securities.
Dipesh Mehta, Nirmal Bang Securities is of the view that Maruti Suzuki India has target of Rs 1550.
Dipesh Mehta, Nirmal Bang Securities is of the view that one can book profit in Infosys at current level.
Dipesh Mehta, Nirmal Bang Securities is of the view that Tata Consultancy Services looks good; the stock can go upto Rs 1400.
Dipesh Mehta, Nirmal Bang Securities is of the view that one can short IDBI with a target of Rs 102 on the lower side. “Buy Titan Industries at around Rs 290 for the target of Rs 340,†he adds.
Dipesh Mehta, Nirmal Bang Securities is bullish on SBI, Ranbaxy Laboratories and has recommended buy rating on the stocks.
Dipesh Mehta, Nirmal Bang Securities is of the view that one can buy Ranbaxy Laboratories.
Dipesh Mehta, Nirmal Bang Securities is of the view that Ambuja Cements can go upto Rs 232.
Dipesh Mehta, Nirmal Bang Securities is of the view that State Bank of India can go upto Rs 2400.
Dipesh Mehta of Nirmal Bang Securities is of the view that IDFC has target of Rs 148. One can keep a stop loss of Rs 140 on the lower side.
Dipesh Mehta, Derivatives Analyst, Nirmal Bang Securities view on Axis Bank.
Dipesh Mehta, Derivatives Analyst, Nirmal Bang Securities is of the view that above Rs 1500, Bajaj Auto can go upto Rs 1560-1580.