BOB Capital Markets has upgraded Kalyan Jewellers to BUY from HOLD with a target price of Rs 786, implying about 18% upside from Rs 664.
News in Focus


ICICI Securities has retained its BUY call on Tata Steel with a revised sum-of-the-parts target of Rs 230, implying 24% upside from Rs 185 over 12 months.

Axis Securities has kept its BUY call on Pricol Ltd with an unchanged target price of Rs 935, about 28% above the Nov. 5 closing price of Rs 728.

BOB Capital Markets has retained its BUY rating on Mahindra & Mahindra but trimmed its target price to Rs 4,387 from Rs 4,530, still implying about 40% upside from the Rs 3,128 market price.

ICICI Securities has maintained its BUY rating on Swiggy but cut its target price to Rs 400 from Rs 520, still implying about 90% upside from the Rs 211 market price.

ICICI Direct, the retail research arm of ICICI Securities, has maintained its BUY call on Stylam Industries with a revised 12-month target price of Rs 3,750, about 21% above the current market pric
Main Regional Stories

ICICI Direct, the retail research arm of ICICI Securities, has reiterated its BUY call on Saregama India with a 12-month target price of Rs 740, about 16% above the Rs 638 market price, after the RPSG Group music label posted a robust September qu

BOB Capital Markets has maintained its BUY rating on Cera Sanitaryware with a target price of Rs 6,437, implying about 34% upside from the Nov. 5 closing price of Rs 4,802.

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 260.

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.
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. 








