Crompton Greaves Ltd:SELL
Morgan Stanley has equal-weight rating with *target at Rs 61* per share as ongoing restructuring leads to margin uncertainty
*IDFC has given Sell call TP 72*
HDFC too has given Sell call TP 76
*Fundamentally also stock is overpriced as Q1 Eps (0.15) and cmp much higher than 52 week low of Rs 33*
Our take: CG can come down to 74 Sept expiry. SL 81.80
Morgan Stanley has equal-weight rating with *target at Rs 61* per share as ongoing restructuring leads to margin uncertainty
*IDFC has given Sell call TP 72*
HDFC too has given Sell call TP 76
*Fundamentally also stock is overpriced as Q1 Eps (0.15) and cmp much higher than 52 week low of Rs 33*
Our take: CG can come down to 74 Sept expiry. SL 81.80
LLoyd electric - sir your view pls the following is the news around..
ReplyDeleteLloyd electric to demerge consumer durables biz - ET
International suitors line up for stake buy in Llyod Electric`s consumer durable arm
links
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http://economictimes.indiatimes.com/industry/cons-products/durables/international-suitors-line-up-for-stake-buy-in-llyod-electrics-consumer-durable-arm/articleshow/54362448.cms?utm_source=contentofinterest
http://economictimes.indiatimes.com/et-now/corporate/lloyd-electric-to-demerge-consumer-durables-biz/videoshow/54359925.cms