Thread: Motilal Oswal-Investment advice!

Motilal Oswal has recommended a `Buy` on Axis Bank with a price target of Rs 1,360 in its report dated Apr. 20, 2010.

Axis Bank`s posted 4QFY10 PAT of Rs 7.6 billion (up 32% YoY), which is higher than our estimate of Rs6.6b, led by lowerthan- expected provisions.

Textiles manufacturer Welspun India said on Monday that it raised about Rs.156 crore via a share placement to institutional investors.

The funds would be utilized for capital expenditure, investments in growth opportunities and other usage in accordance with applicable statutory and/ or regulatory requirements, the company said in a statement. Motilal Oswal Securities acted as the sole book runner for the QIP issue.

Buy Maruti Suzuki; target of Rs 1820: Motilal Oswal

Motilal Oswal is bullish on Maruti Suzuki and has recommended buy rating on the stock with a target of Rs 1820, in its April 26, 2010 research report.

“Maruti Suzuki's 4QFY10 operating performance is in-line with our estimates with EBITDA margin of 13.2%. However, PAT at Rs6.57b was lower than our estimates due to higher depreciation, interest and lower other income.”

Source:Buy Maruti Suzuki; target of Rs 1820: Motilal Oswal - Moneycontrol.com -

nice to know but how much of this advice is relevant?

it is relevant and when some investing firm gives an advice like this their credibility is at stake!

Rajat Rajgarhia of Motilal Oswal Securities said the markets upside seems to be capped in the near-term. "We expect the markets to continue to trade rangebound."

The markets have been trading weak for the past six months on weak global cues. Yesterday, the Dow saw its biggest percentage loss since 1987 as investors sold-off on fears that the Europe crisis will hurt the recovery process.

HDFC has been rated as the country`s most consistent wealth creator during the last 5 years in an exhaustive study by MOTILAL OSWAL.

Housing Development Finance Corporation Community :- HDFC Forum, HDFC Messages, HDFC Comments, buzz and more

what you guys think about it?

Originally Posted by pawankumar

HDFC has been rated as the country`s most consistent wealth creator during the last 5 years in an exhaustive study by MOTILAL OSWAL.

Housing Development Finance Corporation Community :- HDFC Forum, HDFC Messages, HDFC Comments, buzz and more

what you guys think about it?

i think its good you should consider it.as a trader who have to take into stride this kind of expert review!

i cant remember how many times it has happened that Motilal has given and advice and it has fallen right on their face.they are good with it..yes.

Originally Posted by meera krishna

i cant remember how many times it has happened that Motilal has given and advice and it has fallen right on their face.they are good with it..yes.

that is so true .even experts fail at some point or the other!