Influence to debut by 2011 in India

Influence to debut by 2011 in IndiaThe French auto major Renault has decided that it will not like to be considered as an underdog in the Indian market and has firmed up bullish plans for the future in the domestic circuit.

A top company official recently said that the company will be launching its much-popular, Influence in the Indian market by 2011.

Renault India Country General Manager and Managing Director Marc Nassif recently confirmed the development by saying that the company will introduce the first sedan Influence by 2011 and a SUV Koleos by 2012-13 in the Indian market.

Nissan launches much-awaited Micra

MicraThe Japanese auto major, Nissan has recently announced the launch of its much-awaited hatchback Micra in the Indian market. Priced between Rs 3.98 lakh and Rs 5.29 lakh (ex-showroom, Delhi), the product has so far got over 2,000 bookings in the Indian market.

As the bookings had been opened on 25 May and the response was pretty encouraging, the company believes that the product will be able to bring high volumes on its door from the domestic circuit.

M&M to decide on Ssangyong on July 15

M&M to decide on Ssangyong on July 15It has been learned from the sources that the UV maker, Mahindra & Mahindra (M&M) will be holding a special board meeting on July 15 to finalise its decision on the bid for the troubles Korean auto major Ssangyong.

It is to be mentioned here that the beleaguered South Korean firm SsangYong Motor mainly manufactures sports utility vehicles (SUV) and recreational vehicles (RV) surely fits the portfolio of the utility vehicles major, but the company would still have to analyse the future viability of the acquisition.

Long Term Buy Call For Voltas

Long Term Buy Call For Voltas Stock market analyst Dilip Bhat of Prabhudas Liladhar has maintained 'buy' rating on Voltas Ltd stock, which is in a long-term uptrend.

According to analyst, the stock can be purchased with the target to make 30-40% returns in 12-15 months.

Today, the stock of the company opened at Rs 203.05 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 210.45 and a low of Rs 117 on BSE.

Current EPS & P/E ratio stood at 9.31 and 21.72 respectively.

Voltas Limited is an engineering, air conditioning and refrigeration company

Buy Idea Cellular With Stop Loss Of Rs 63

Buy Idea Cellular With Stop Loss Of Rs 63Stock market analyst Anil Maghnani has maintained 'buy' rating on Bharti Airtel Ltd stock with an intraday target of Rs 68.

According to analyst, the investors can buy the stock with stop loss of Rs 63.

The stock of the company, on July 14, closed at Rs 64.35 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 2.89 and 22.54 respectively.

The share price has seen a 52-week high of Rs 84.85 and a low of Rs 48.05 on BSE.

Buy Jet Airways With Target Of Rs 800

Buy Jet Airways With Target Of Rs 800Stock market analyst Ashwani Gujral has maintained 'buy' rating on Jet Airways stock to achieve a long term target of Rs 800.

According to analyst, the investors can achieve the said target in a period of 12-14 months.

Today, the stock of the company opened at Rs 606 on the Bombay Stock Exchange (BSE).

Current EPS is -62.33.

The share price has seen a 52-week high of Rs 651.10 and a low of Rs 230 on BSE.

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