Moneycontrol » News Center » Markets » Expert & FII Outlook Nifty to stay ranged for another quarter: Motilal Oswal Sec

Published on Thu, Aug 12, 2010 at 11:11   |  Updated at Thu, Aug 12, 2010 at 12:37  |  Source : CNBC-TV18
Witnessing sluggish movements over the past two weeks there seems no sign of a significant breakout for the indices. Rajat Rajgarhia of Motilal Oswal Securities says the Nifty is likely to remain in the 5,000-5,500 range.
“Given the global headwinds, there is a reasonable chance that we may remain sideways or go down 5-6% from here. We have been rangebound since the past 12 months and the trend seems to be continuing for another one quarter or so,” he reasons.

Buy Indiabulls Real Estate target of Rs 244 Motilal Oswal

Published on Mon, Aug 16, 2010 at 17:44   |  Updated at Mon, Aug 16, 2010 at 19:37  |  Source : Moneycontrol.com
Motilal Oswal is bullish on Indiabulls Real Estate and has recommended buy rating on the stock with a target of Rs 244, in its August 13, 2010 research report.
"IndiaBulls Real Estate (IBREL) reported revenue of Rs 1.7 billion for 1QFY11, up 8.5x as compared with Rs 179 million in 1QFY10. EBITDA was Rs 217 million versus a loss of Rs 300 million in 1QFY10. EBITDA margin expanded to 12.6%. Net profit increased to Rs 252 million versus a loss of Rs 193 million in 1QFY10IBREL is available at 30% discount to its FY12E NAV of Rs 269 per share and trades at 11.6x FY12E EPS of Rs 16.7 and 0.8x FY12E BV of Rs 251. We are revising our recommendation from Neutral to Buy, with a price target of Rs 244 (~10% discount to FY12E NAV of Rs 269 per share),” says Motilal Oswal research report.

What is in store for India Inc from booming economy?

Indian economy is on an upswing as FIIs and experts are being bullish on it. So what oppurtunities are in store for India Inc? 
On a CNBC-TV18's special panel discussion by Motilal Oswal, experts like Sanjoy Bhattacharya, Partner, Fortuna Capital, Harsh Mariwala, CMD of Marico, Hasit Joshipura, Managing Director-India of GSK Pharma, Raamdeo Agrawal, Director and Co-Founder of Motilal Oswal Financial Services and Rana Kapoor, MD and CEO of Yes Bank talk about the potential growth that country has in store for indusrtial growth.

The discussion examines the minute details of the economy. It explores the Indian economy at a more macro level and addresses specific businesses in consumer products, financial services and pharmaceuticals sectors.