Long Term Calls

Hold Dr Reddy’s Laboratories

Indiabulls Securities Ltd has maintained a ‘Hold’ rating on Dr Reddy’s Dr Reddy’s Laboratories Ltd

Reliance Capital Long Term Call

Indiabulls Securities Ltd has maintained a ‘buy’ rating on the Reliance Reliance Capital

Larsen & Toubro Long Term Call

Indiabulls Securities Ltd is bullish on Larsen & Toubro (L&T). It has maintained an ‘outperform’ rating on the company with a target price of Rs 2720.

Hold Hindalco Industries

Indiabulls Securities Ltd has maintained a ‘Hold’ rating on Hindalco Hindalco Industries Ltd

Welspun Guj Long Term Call

Asit C.

Punj Llyod Long Term Call

Religare is bullish on Punj Llyod. It has maintained ‘buy’ rating on the Punj Llyodcompany with a target price of Rs 411.

According to Religare, investors can purchase the stock between Rs 260-265 with a strict stop loss of Rs 240.

Today, the company’s shares opened at Rs 260, as against its last closure at Rs 272.85 on Friday (June 6), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 7.30 and 35.68 respectively. The share price has seen a 52-week high of Rs 589.1 and a low of Rs 228.5 on BSE.

The stock will achieve the target price as the company has aggressive growth plans and strong operating capabilities.

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