Buy Call For Apollo Tyres with target price of Rs 97: PINC Research

Lockouts at its Cochin facility and Dunlop (South Africa) operations took a toll on Apollo Tyres' Q2FY11 results. Exacerbating this, high natural rubber prices impacted margins. Rubber supplies have been disrupted due to unseasonal weather in India and South East Asia, spiraling prices to an all-time high of Rs200/kg. Domestic players have made 3-4 rounds of price increases and another round is expected soon. Demand momentum is expected to continue in domestic markets. While domestic business is on a difficult turf, overseas subsidiaries are expected to contribute Rs1.9bn in profits in FY11.

What will move the stock?

Sanjay Dutt To Host ‘Dus Ka Dum’ Season 3!

Sanjay Dutt To Host ‘Dus Ka Dum’ Season 3!According to reports, the negotiations between Sony Entertainment with Salman Khan to anchor the reality show 'Dus ka Dum' have failed.

The sources revealed that Sanjay Dutt will anchor the show in place of Salman Khan.

This will be Dutt's maiden entery into the arena of television.

Amitabh Bachchan, whom Sanjay Dutt acknowledged as his mentor, had encouraged him to host the reality show.

The channel members had quietly decided to replace the anchor due to financial incompatibility with Salman Khan.

Buy Lakshmi Vilas Bank With Target Of Rs 140

Buy Lakshmi Vilas Bank With Target Of Rs 140Stock market analyst Hitesh Chotalia has maintained 'buy' rating on Lakshmi Vilas Bank Limited stock with a target of Rs 140.

The stock can be bought with stop loss of Rs 125.

Today, the stock of the company opened at Rs 129.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 142.80 and a low of Rs 71.30 on BSE.

For the three month period ended September 2010, the bank's total Income grew by 18.92% to Rs 2959.5 million as against Rs 2488.6 million in the corresponding period of year 2009-10.

Buy Tata Steel With Stop Loss Of Rs 615

Tata-SteelStock market analyst Rajeev Agarwal of Dynamix Research has maintained 'buy' rating on Tata Steel stock with a target of Rs 630.

According to Mr. Agarwal, the stock can be purchased at Rs 620 with a stop loss of Rs 615.

The stock of the company, on November 15, closed at Rs 617.15 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 737 and a low of Rs 448.65 on BSE.

Current EPS & P/E ratio stood at 80.87 and 7.51 respectively.

Long Term Buy Call For Oil India

Oil-IndiaStock market analyst Nalin Shah of NVS Brokerage has maintained 'buy' rating on Oil India Limited stock with long-term target of Rs 1850.

According to analyst, the said target can be achieved in a period of 12 months.

Today, the stock of the company opened at Rs 1417.65 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1635 and a low of Rs 1104 on BSE.

As per announcement by the department of Petroleum and Natural Gas, oil marketing companies (OMCs) would increase supplies of LPG in order to cover the whole population of the country.

Buy Shree Renuka Sugars With Stop Loss Of Rs 90

Shree_Renuka-Sugars.Stock market analyst Nishant Jain of Tradeswift Broking has maintained buy rating on Shree Renuka Sugars Limited stock with a 1-2 day target of Rs 98.

Mr. Jain said that the stock can be purchased with a stop loss of Rs 90.

The stock of the company, on November 15, closed at Rs 143 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 123.60 and a low of Rs 53 on BSE.

Shree Renuka Sugars Ltd registered an increase of 15.5% in its consolidated net profit, which stood at Rs 116.9 crore for the three month period ended on September, 30, 2010.

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