Posts Tagged ‘ Market Analysis ’

CMP: 1,827.05                             TARGET  PRICE:2,405.00 Event Notwithstanding the recent High Court judgement ruling in favour of RNRL, we believe the gas dispute is not over. Press reports suggest that the government believes that gas is a national asset and it may...

CMP:226                    TARGET PRICE :255 Monnet Ispat and Energy Ltd’s (MIEL) Q4FY09 results were  above   expectations as net sales were flat at Rs3.7bn. Although  the realisations across products dipped on a YoY basis, higher  sales volumes of sponge iron, steel and power arrested the fall in sales. Operating profit also remained flat at Rs787mn  while...

CMP:792                 TARGET PRICE:977 Evaluating synergies on potential Bharti-MTN deal Potential Bharti-MTN synergies include lowering procurement costs and replicating low-cost/high-usage model at MTN Deal uncertainties and probability of sweetening the offer forMTN shareholders raise short-term concerns Retain OW(V). Raise TP to INR977 (from INR876) as we roll over our multiples to FY11e. 3G factor supports...