Reliance Energy Net Rises 25% In Jun`07 Qtr

Reliance Energy LimitedReliance Energy recorded a 25.45% enhancement in net profit to Rs 2,215.60 million for the quarter ended June 2007 from Rs 1,766.10 million in the corresponding period ended June 2006.

TCS Has Target Of Rs 1200 – Anil Manghnani

Anil ManghnaniTata Consultancy Services of Modern Shares & Stock Brokers is of the view that Tata Consultancy Services (TCS) has trading target of Rs 1200.

HDFC Bank Stock Rates Fall After Valuing ADR at a Discount

HDFC BankHDFC Bank diluted 0.2% to Rs 1197.15 on pricing its 6.6-million American Depository Receipts at $92.10 each.

The scrip hit a high of Rs 1,218 and a low of Rs 1,192.30 during the day. On 28 May 2007, the scrip touched a 52-week high of Rs 1,274 and a 52-week low of Rs 693.10 on 19 July 2006.

The HDFC Bank stock had developed 10.27% within the one month period to 17 July 2007 as against Sensex’s return of 8.59%. The scrip had outperformed the market over the past quarter, going down 22.41% as compared to the Sensex’s increase of 11.83%.

Biocon Net Climbs Up 62.71% In Jun`07 Qtr

For the quarterBiocon ended June 2007, Biocon exposed a fantastic increase in net profits.

Marginal Increase in IDBI Q1 Net Income

Industrial Development Bank of IndiaIndustrial Development Bank of India

Kerala Ready For Talks With TN On River Issues

Thiruvananthapuram:Water Resources Minister N K Premachandran

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Bandhan Bank Share Price Could Reach Rs 230: ICICI Direct

ICICI Securities has reiterated its BUY call on Bandhan Bank, raising the target price to Rs 230 from Rs 175, implying a potential upside of approximately 28% from the current market price of Rs 17

Maruti Suzuki Share Price Target at Rs 16,750: ICICI Securities

ICICI Securities has reiterated a BUY rating on Maruti Suzuki India, with a revised target price of Rs 16,750, implying an upside of nearly 30% from the current market price of Rs 12,892.

HCL Technologies Share Price Could Reach Rs 1,284: Geojit Financial Services

Geojit Financial Services has reiterated a HOLD rating on HCL Technologies, setting a revised price target of Rs. 1,284, implying a modest upside from the current market price of Rs. 1,200.

Eternal Limited (Zomato) Share Price Target at Rs 360: ICICI Securities Considers BlinkIt as Major Positive

ICICI Securities has reiterated a BUY rating on Eternal, setting a target price of Rs 360, implying a compelling upside of nearly 42% from the current market price of Rs 253.

Indian Bank Share Price Could Reach Rs 980: ICICI Securities

ICICI Securities has upgraded Indian Bank to a BUY rating with a revised target price of Rs 980, implying a potential upside of nearly 16% from the current market

Federal Bank Share Price Target at Rs 340: Axis Securities

In its latest result update, Axis Securities has reiterated a BUY recommendation on Federal Bank Ltd., setting a target price of Rs 340, implying an upside of approximately 19% from current levels.