Motilal Oswal - Reliance Industries - BUY

Motilal Oswal recommends BUY On Reliance Industries @ 630

Target >>  713

Motilal Oswal - Matrix Laboratories

Motilal Oswal recommends BUY on Matrix Laboratories.

Target >> 250

Sharekhan Stock Update

Tube Investments of India
Cluster: Emerging Star
Recommendation: Buy
Price target: Rs480
Current market price: Rs334

TII to unlock value in CIFCL
Tube Investments of India (TII), which holds 48.81% in Cholamandalam Investment & Finance Company Ltd (CIFCL), has approved the sale of a 15.1% stake in favour of DBS Bank Ltd, Singapore at a negotiated price of Rs150 per share. Singapore-based DBS Bank is looking to acquire a total of 37.5% stake in the Murugappa group-controlled CIFCL.

 
Deepak Fertilisers and Petrochemicals Corporation
Cluster: Ugly Duckling
Recommendation: Buy
Price target: Rs126
Current market price: Rs64

Alteration of AOA
Deepak Fertilisers and Petrochemicals Corporation (DFPCL) has informed the stock exchanges regarding the resolutions to be passed at its annual general meeting (AGM) on July 19, 2005. The resolutions to be passed at the AGM also include a special resolution to alter the object clause in the articles of association (AoA) of DFPCL. The object clause defines the businesses that can be carried out by DFP.