HOT! - Broker Updates - Mar 23 2011

Company	Actions
ABAN OFFSHORE	Target Px decreased to 665 by Prabhudas
ADANI ENTERPRISE	Target Px decreased to 645 by UBS
ADANI POWER LTD	Target Px decreased to 125 by Citi
ADHUNIK METALIKS	Target Px decreased to 156 by Equirus
APOLLO HOSPITALS	Target Px increased to 590 by JPMorga
ASHOK LEYLAND	Target Px decreased to 70 by IIFL
ASIAN PAINTS LTD	Target Px decreased to 2763 by Citi
BATA INDIA LTD	Coverage Initiated at Buy by Microsec C
BGR ENERGY SYS	Target Px decreased to 600 by JM Financ
BHARAT PETROL	Coverage Initiated at Buy by ICICIdirect
BHARTI AIRTEL	Target Px decreased to 420 by Goldman Sa
BHARTI AIRTEL	Upgraded to Outperform by Macquarie, TgP
BHUSHAN STEEL	Target Px increased to 435 by Alchemy Re
COAL INDIA LTD	Coverage Initiated at Outperform by Dai
DB CORP LTD	Coverage Initiated at Reduce by Elara Secu
DIVI LABS LTD	Upgraded to Buy by Karvy Stock Broking L
GAIL INDIA LTD	Target Px increased to 562 by Morgan St
GREAT OFFSHORE L	Target Px decreased to 320 by Prabhud
GUJARAT GAS CO	Downgraded to Neutral by Equirus Securi
HAVELLS INDIA	Coverage Initiated at Buy by Motilal Osw
HCL TECH LTD	Target Px increased to 550 by Motilal Osw
HINDALCO INDS	Target Px increased to 237 by Systematix
HINDUSTAN PETRO	Coverage Initiated at Buy by ICICIdire
HINDUSTAN ZINC	Target Px decreased to 145 by Fortune E
HT MEDIA LTD	Coverage Initiated at Reduce by Elara Sec
ICICI BANK LTD	Upgraded to Overwt/In-Line by Morgan St
IDEA CELLULAR	Target Px decreased to 77 by Goldman Sac
IDEA CELLULAR	Target Px increased to 46 by Macquarie
INDIAN OIL CORP	Coverage Initiated at Buy by ICICIdire
INFOSYS TECH LTD	Upgraded to Buy by Sushil Finance Con
INFOTECH ENT	Downgraded to Sell by IDBI Capital Market
JAGRAN PRAKASHAN	Coverage Initiated at Buy by Elara Se
JINDAL STEEL & P	Target Px decreased to 938 by Macquar
JSW STEEL LTD	Target Px decreased to 1350 by Ambit Cap
JYOTHY LABORATOR	Target Px decreased to 244 by ICICIdi
JYOTHY LABORATOR	Upgraded to Buy by Way2Wealth Brokers
JYOTI STRUCTURES	Coverage Initiated at Buy by Asit C M
KEC INTL LTD	Coverage Initiated at Buy by Asit C Mehta
KPIT CUMMINS INF	Coverage Initiated at Buy by MSFL Res
MONNET ISPAT & E	Target Px decreased to 602 by Alchemy
MPHASIS LTD	Target Px decreased to 450 by Motilal Oswa
MUNDRA PORT	Target Px decreased to 180 by UBS
NATIONAL ALUMIN	Target Px decreased to 81.25 by JPMorg
NATIONAL ALUMIN	Target Px decreased to 107.75 by Morga
NATIONAL ALUMIN	Target Px increased to 431 by Morgan S
OIL & NATURAL GA	Downgraded to Add by IIFL, TgPx
ORIENT PAPER	Target Px increased to 75 by Centrum Brok
PERSISTENT SYS	Upgraded to Overweight by HSBC, TgPx
PIDILITE INDS	Coverage Initiated at Buy by Shah Invest
PIDILITE INDS	Target Px increased to 165 by Batlivala
PRAKASH INDS LTD	Target Px decreased to 132 by Alchemy
PTC INDIA LTD	Coverage Initiated at Buy by Sharekhan L
RANBAXY LABS LTD	Target Px decreased to 425 by Elara S
RELIANCE COMMUNI	Target Px decreased to 115 by Goldman
RELIANCE COMMUNI	Target Px decreased to 122 by HSBC
RELIANCE INDS	Target Px decreased to 1212 by JM Financ
SESA GOA LTD	Coverage Initiated at Hold by Tata Securi
SHREE RENUKA SUG	Upgraded to Buy by JM Financial Insti
STEEL AUTHORITY	Target Px decreased to 140 by Alchemy
STRIDES ARCOLAB	Coverage Initiated at Buy by ICICIdire
SUZLON ENERGY	Upgraded to Buy by JM Financial Institut
SYNDICATE BANK	Target Px increased to 137 by ICICIdire
TATA COMMUNICATI	Upgraded to Buy by BNP Paribas Securi
TATA COMMUNICATI	Upgraded to Neutral by HSBC, TgPx
TITAN INDS LTD	Target Px increased to 3876 by Emkay Sh
TITAN INDS LTD	Target Px increased to 4923 by Standard
TITAN INDS LTD	Target Px decreased to 3762 by Emkay Sh
UNITECH LTD	Upgraded to Overweight by JPMorgan, TgPx
UNITED BREWERIES	Coverage Initiated at Outperform by C
VARDHMAN TEXTILE	Coverage Initiated at Add by ICICIdir