Parsvnath and Lanco Ratings by ET

Economic Times Investor guide has “3*” rating on both Parsvnath Builders Limited and Lanco Infratech. They recommend investors with a 3 year horizon to BUY Parsvnath Builders and Long Term for Lanco Infratech.

Arun Kejriwal, director, Kejriwal Research and Investment Services, “The stock looks fairly priced, but considering the revenue prospects and potential value of Parsvnath’s assets, the stock promises to be a good investment option. We think investors should subscribe to the issue

“The valuations are justified if we look at future earnings potential. We recommend the stock(Parsvnath) as a good long term bet,” says Surya Narayan Nayak, analyst, Networth Stock Broking

Given its presence in high growth sectors like power, construction and property, we are optimistic about the business model and revenue visibility. One can invest in Lanco from a long-term perspective and gain substantial returns” adds Jigar Valia, analyst at Parag Parikh Securities

ILFS Puts a REDUCE Recommendation on Patni Computers

IL&FS has initiated coverage on Patni Computer System Ltd with a REDUCE recommendation. It is another way to SELL and Exit. ILFS in its research reported stated,
Therefore we maintain our ‘Reduce’ rating on the stock and recommend a shift from Patni to other large players like Infosys and Satyam. Also note that the management guidance for the next quarter is 0.2% growth in revenues for QoQ and 8% sequential FALL in net profits. Patni’s problems are evident from this blog posting where one of the professors on the board of Patni is not so bullish on India. These are Patnspecificic problems only.

However, DalalStreet.Biz is not very bullish on Satyam with a one year target price of Rs495 which leaves limited upsidpotentialal on your investments and DalalStreet.Biz recommends a BUY on HCL-Technologies with a price target of Rs750 in a year.

The entire report by ILFS on Patni can be accessed here.[PDF]

Prabhudas Liladhar Maintains a BUY on Satyam

Mumbai based broking and research firm, PrabhuDas Liladhar has reiterated its BUY rating on Satyam Computers Limited. They have set a target price of Rs505. The full report can be accessed here.[PDF] I am not very BULLISH on Satyam. Why ? They don’t seem to be consistent in their earnings growth which has disappointed lot of fund managers. Read On…

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