TradeIndia Research is one of the best Advisory Company In Indore who delivers perfect stock market recommendations to the stock market traders for successful and beneficial stock trading.
Here are brokerage firms' views on two stocks.
Hind Zinc
Macquarie has outperform rating with target price of Rs 290 per share.
It says strong prices partially offset weak volume in Q2 and dividend guidance creates a floor.
Deutsche Bank has a buy rating target price increased to Rs 266 per share from Rs 262 per share.
Strong second half as outlook underpins positive view. Its volume recovery to drive strong EBITDA/earnings growth outlook in second half.
It sees little risks to volume from re calibration of expansion plan. Citi has a buy rating with target price of Rs 290 per share.
USL
Macquarie has an underperform rating; target price cut to Rs 1771 from Rs 2100 per share.
Despite being largest player it does not see co as dominant force in Alcobev Industries.
It believes any recovery in profitability will be slow in the current scenario.
It says margin expansion to be limited as GST risk not built in.
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