ICICI Securities has maintained a Buy rating on Suzlon Energy, retaining an unchanged target price of Rs 65, implying 35% upside from the current market price of Rs 48.
News in Focus


ICICI Securities has reiterated a Buy rating on Tata Power Company, maintaining a target price of Rs 485, implying 31% upside from the current market price of Rs 371.

ICICI Securities has maintained a Buy rating on Coforge Limited, setting a target price of Rs 1,950, implying a 17% upside from the current market price of Rs 1,669.

ICICI Securities has maintained a Buy rating on Bharat Electronics, setting a target price of Rs 530, implying a 35% upside from the current market price of Rs 394.

Axis Securities has maintained a Buy rating on NTPC, though it has trimmed the target price slightly to Rs 420 from Rs 430, implying a 20% upside from the current market price of Rs 350.

ICICI Securities has maintained a Buy rating on Steel Authority of India, setting a target price of Rs 225, implying a 36% upside from the current market price of Rs 165.
Main Regional Stories

Axis Securities has maintained its Buy rating on Bank of Baroda, though it has trimmed the target price to Rs 290 from Rs 315, implying an 18% upside from the current market price of Rs 246.6.

Axis Securities has reiterated a Buy rating on Greenply Industries Limited, raising its target price to Rs 355 from Rs 340, implying a 19% upside from the current market price of Rs 298.

Axis Securities has reiterated a Buy rating on SBI Life Insurance Limited, setting a target price of Rs 2,350, implying a 27% upside from the current market price of Rs 1,859.
Director Rahul Dholakia's latest movie Lamhaa starring Bipasha Basu, Sanjay Dutt, and Kunal Kapoor, has been banned the Middle East. The film is releasing in India tomorrow on July 16.
Navbharat Power which is being set up in Dhenkanal in Orissa is being purchased by Essar Power. The UK listed, Essar Energy has announced the intentions of its subsidiary towards the 2250 MW coal fuelled power plant. EPL will put their money into 76% of the current equity and the rest is expected to be bought as certain project targets are accomplished.
India, along with Canada's richest province, Ontario, has signed a Memorandum of Understanding (MoU) on Thursday to enhance cooperation and investment in geology and mineral resources.
Three distinct films release tomorrow - 'Lamhaa', 'Tere Bin Laden' and 'Udaan'. Incidentally, none of the three films are true blue conventional Bollywood outings. They are not romantic affairs, they don't boast the kind of comedy that Bollywood is known for and also they don't quite fit into the category of family films. However, at least a couple of them do look interesting here - 'Lamhaa' and 'Tere Bin Laden'. 'Lamhaa' boasts of the star power of Sanjay Dutt and Bipasha Basu and the hard hitting promos that promise a quality outing seems to have done the trick.
The U. S. Department of Energy said on Wednesday that U. S. stimulus money for advanced battery and electric vehicle grants has been matched at least dollar for dollar. 









