Prayesh Jain of IIFL recommends buying Oil and Natural Gas Corporation at the current level.
Prayesh Jain of IIFL recommends buying Reliance Industries.
Prayesh Jain of IIFL is of the view that one may keep Mahindra and Mahindra in the buy list looking at its valuations.
Prayesh Jain of IIFL recomends buying Tata Motors.
According to Prayesh Jain of IIFL, Maruti Suzuki is the top pick.
Prayesh Jain of IIFL has an accumulative rating on Bajaj Auto.
According to Prayesh Jain of IIFL, Bharat Petroleum Corporation is looking good for investment purpose. "It is a top pick," he adds.
Prayesh Jain of IIFL is of the view that one may buy Reliance Industries with a target of Rs 1027.
Prayesh Jain of IIFL is bullish on Reliance Industries. "Investments made in refining and petrochemicals will be starting to be revenue as well as profit accretive over the next couple of years," he reasoned.
Prayesh Jain of IIFL is of the view that Tata Motors has target of Rs 300.
Prayesh Jain of IIFL is of the view that Mahindra and Mahindra has target of Rs 1100. “Expect an EPS of around Rs 60 in FY14 and around Rs 65 in FY15, he adds.
According to Prayesh Jain of IIFL Hero Motocorp and Bajaj Auto are the market performers.
Prayesh Jain of IIFL is of the view that one can buy Maruti Suzuki with a target of Rs 1750.
In an interview to CNBC-TV18, Prayesh Jain of IIFL evaluated the Auto sector. In his view the sales number of Maruti were better then what they expected, although he was a bit disappointed with M&M. He believes that the only segment showing strength is the automotives is the passenger car.