3SOF

May '10 volumes: Sustaining the growth trend
􀂄 Robust growth. For May '10, Bajaj Auto reported sturdy 61.6% yoy volume growth (though 4.5% lower mom), led by robust motorcycle and three-wheeler volumes.

􀂄 Motorcycles continue to impress. Motorcycles posted robust 62.9% yoy volume growth (though 2.6% lower mom), to 268,840 units. The newly-launched Discover-150 sold 12,377 units, chiefly in the four states: Delhi, UP, WB and AP. The bigger and sportier brands Pulsar (75,974 units) and Discover (107,076 units) made up 68% of motorcycle sales...

To read more you can refer to:
http://www.dsij.in/productattachment/BrokerRecommendation/Bajaj%20Auto.pdf

Source: dalal Street Investment Journal
www.dsij.in

Max India Looks fundamentally strong to invest in with the target price of Rs. 295 . To rad more on Max India You can refer to:

http://www.dsij.in/productattachment/BrokerRecommendation/Max%20India.pdf

Source: Dalal Street Investment Journal
www.dsij.in

We spoke to eClerx management recently to update ourselves on co's business prospects going forward. We see no reason to tone down our 28% US$ revenue CAGR estimate over FY10-12E (albeit we see room for a beat here, as company sees growth pick up in the eCommerce side as compared to the financials services driven growth in FY10)..

To read full research report you can refer to:
http://www.dsij.in/productattachment/BrokerRecommendation/eClerx%20Ltd.pdf

Source: Dalal Street Investment Journal
www.dsij.in

Stay invested in HUL with target price of Rs. 245 . To read full research report you can refer to:

http://www.dsij.in/productattachment/BrokerRecommendation/HUL.pdf

Source: Dalal Street Investment Journal
www.dsij.in

1st Target: 65  ( 4 - 6 weeks )   2nd target: 73 ( 12 - 14 weeks ) Stoploss: 50 ( cls )

Indicators:
MACD: BUY  RMI: BUY  Stochastic: BUY  ROC: BUY  RSI: BUY

Support: 50 . 45       resistance: 58 , 68

Source: Dalal Street Investment Journal
www.dsij.in

Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT), today announced that its Business Process Outsourcing division has partnered with Microsoft Corporation to provide global Legal Process Outsourcing (LPO) for Microsoft's Intellectual Property (IP) portfolio.

In July 2008, Wipro began providing U.S. Patent and Trademark filing and docketing services to Microsoft's Intellectual Property & Licensing group. Microsoft previously had used a mix of in house resources, outside law firms and offshore vendors to perform these IP services. Moving to Wipro, with its extensive BPO experience, international reach and global delivery capabilities, ensured not only efficiency but also consistency in the way Microsoft does business...

To read more you can refer to:
http://www.dsij.in/pr/bw/pressrelease.asp?nid=%20%20%20%20%20%20%20%2022910

Source: Dalal Street investment Journal
www.dsij.in

Reliance Communication (RCom) finally taking the demerger route: RCom is restructuring Reliance Infratel by demerging its tower assets into a new entity for a consideration which include both, cash and stock. RCom will get shares in the demerged entity, deal contours are yet unknown...

To read full research report you can refer to:

http://www.dsij.in/productattachment/BrokerRecommendation/Rel%20Comm.pdf

Source: Dalal Street Investment journal
www.dsij.in

1st Target : 99 ( 4- 6 weeks )  2nd target: 73 ( 12 - 14 weeks ) Stoploss: 50 ( cls )

Indicators:
MACD: BUY  RMI: BUY  Stochastic: BUY  ROC: SELL  RSI: BUY

Support: 78 , 70              Resistance:  89 , 115

Source: Dalal Street investment journal
www.dsij.in

1st Target: 815 ( 4 - 6 weeks )  2nd target: 840 ( 12 - 14 weeks ) Stoploss: 710 ( cls )

Indicators: MACD: BUY  RMI: BUY  Stochastic: BUY  ROC: BUY  RSI: BUY

Support: 729 , 686              Resistance: 782 , 818

Source: Dalal street investment journal
www.dsij.in

Aluminum production to grow at a CAGR of 21%: Hindalco has low cost smelters of 545,000tpa capacity in the mineral-rich belt of Orissa, UP and Jharkhand. Cost of production ranges from US$1,300/ ton to 1,500/ton; its Hirakud smelter's cost of production is the lowest, as it enjoys the benefit of captive bauxite and coal mines. Post the turnaround of Novelis, Hindalco has put greenfield projects on fast track to add 718,000tpa of capacity by the end of FY12. We expect its aluminum production to grow at a CAGR of 21% and its alumina production to grow at a CAGR of 28% over FY10-14...

To read full research analysis you can bookmark this URL:

http://www.dsij.in/productattachment/BrokerRecommendation/Hindalco.pdf

Source: Dalal Street Investment Journal
www.dsij.in

Titan Industries looks fundamentally strong to invest in with the target price of Rs. 3000. To read in and out about the company you can bookmark this URL:

http://www.dsij.in/productattachment/BrokerRecommendation/TitanInd.pdf

Source: Dalal Street Investment Journal
www.dsij.in

South Indian Bank (SIB) posted a net profit of Rs584m for 1QFY11 (v/s our estimate of Rs548m), down 3% YoY. Adjusted for accrued interest on deposits not accounted during 1QFY10, net profit grew 30% YoY. Earnings were better than expected, led by higher net interest income...

To read full research report you can bookmark this URL:

http://www.dsij.in/productattachment/BrokerRecommendation/SIB.pdf

Source: Dalal Street Investment Journal
www.dsij.in

manishifim,
You now have your own thread to place all these research reports.
I merged all together and gave the thread a name for you,
My Research Reports

This should give you an idea of how posting and creating a thread takes place here at 3SOF.

The report is very good!