Brokerages explain how to play NTPC, HUL Titan

Written By Unknown on Kamis, 27 Juni 2013 | 10.54

Here's what brokerages are recommending for NTPC, Hindustan Zinc, HUL and Titan:

NTPC

Brokerage: Citi
Rating: Buy
Target: Rs 183
Rationale: They expect first quarter results to remain weak. However, the stock continues to look cheap versus its historical trading bands.

Hindustan Zinc

Brokerage: Barclays
Rating: Overweight
Target: Rs 142
Rationale: They expect dividends to be higher than consensus given cash flow requirements at the Sesa-sterlite entity.

Also read: Bet on super six stocks charts for Thursday

HUL

Brokerage: Nomura
Rating: Reduce
Target: Rs 535
Rationale: Volume growth may slip to 6 to 7 percent and rising advertisement spends and a depreciating rupee will pose a risk to margins.

Titan

Brokerage: Deutsche bank
Rating: Hold
Target: Rs 230
Rationale: The jewellery business model's attractiveness has diminished substantially with the recent RBI regulation.



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