ICICI Securities has maintained its BUY call on Power Grid Corporation of India, trimming its target price to Rs 350 from Rs 360, which implies about 35% upside from the current market price of Rs
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ICICI Securities has maintained its BUY call on State Bank of India with an unchanged target price of Rs 1,300, implying about 34% upside from the current market price of Rs 970.

ICICI Securities has a BUY rating on Trent with a 12-month target price of Rs 3,600, about 18-19% above the current market price of Rs 3,040.

Joindre Capital Services has kept its BUY rating on Waaree Energies with a target price of Rs 2,908, about 26.2% above the current market price of Rs 2,304.

ICICI Securities has a BUY rating on Asian Paints with a revised 12-month target of Rs 2,740, about 18% above the current market price of Rs 2,320.

ICICI Securities, through its ICICI Direct retail research desk, has maintained its BUY rating on Firstsource Solutions Ltd with a target price of Rs 360, implying about 18% upside from the current
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Axis Securities has maintained its BUY rating on Hero MotoCorp Ltd with a revised target price of Rs 6,025, down from Rs 6,500, implying about 18% upside from the Oct. 29 closing price of Rs 5,105.

ICICI Securities, through its retail research arm ICICI Direct, has retained a BUY rating on Adani Ports and Special Economic Zone with a revised target price of Rs 2,210, about 20% above the current market price of Rs 1,840, over 12 months.

ICICI Securities has maintained its BUY rating on Suzlon Energy but cut its 12-month target price to Rs 55 from Rs 65, implying about 49% upside from the current market price of Rs 37.

ICICI Securities has maintained its BUY call on IDFC First Bank with a revised 12-month target price of Rs 95, down from Rs 100, implying about 32% upside from the current market price of Rs 72.
India's top-listed television broadcaster Zee Entertainment Enterprises Ltd. has announced its first quarter financial results for the fiscal year 2010-11. According to the report, it has registered an impressive net profit rise in the quarter under review. Zee Entertainment Enterprises Ltd. has posted a net profit of 1.5 billion rupees for the quarter that ended in 30th June, 2010.
In an award function that happened recently, Hyundai Motor India Ltd (HMIL), the country's second largest car manufacturer and the largest passenger car exporter has been awarded the Best Corporate Social Responsibility award for 2009-10.
On Friday, the telecom regulator, TRAI said that it is going recommend of linking the one-time extra charge for holding extra 2G with the prices of 3G within the next two-three weeks time.
India's second largest drug company, Dr. Reddy's Laboratories (DRL) has said that it has seen a steady growth in profit which grew by 7.5 per cent during the first quarter ending June 30. In money terms it meant that profit has gone up from Rs227 crore to Rs. 244 crore as compared to the last year. This was said in filing submitted to the National Stock Exchange.
Bharti Airtel said on Friday that it has shortlisted three multinational firms and two African IT companies for its billion dollar outsourcing contract in Africa.
Net profit of one of the major cellular company of India, Idea Cellular was down by 31 per cent, said the company on Friday.








