31th

July’17 Keep your wealth healthy

All efforts have been made to provide the most comprehensive and accurate information in this presentation.

The information, opinions and views contained within this presentation are based upon publicly available

information, which are subject to change from time to time without any prior notice and may be updated

anytime without any prior notice to any and / or all recipients, including clients.

The information and material presented herein are provided to you for information purposes only and are not to

be used or considered as an offer or the solicitation of an offer to sell or to buy or subscribe for securities or any

other financial instruments in specified classes of investments.

Neither We nor our affiliates or their directors, employees, agents or representatives shall be responsible or

liable in any manner, directly or indirectly, for views or opinions expressed in this presentation, or the contents

or any systemic errors or discrepancies herein or for any decisions or actions taken in reliance on the

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We do not take any responsibility for any clerical, computational, systemic or other errors in the presentation.

Disclaimer

Initiating Coverage (Q1 & Q2)

Source: MOSL

SR. NO. NAME OF COMPANY REPORT

DATE REPORT

CMP TARGET PRICE

RATING READ

REPORT

1 Capital First (Initiating Coverage) 28-Jul-17 766 925 Buy CLICK HERE

2 L&T Finance Holdings (Initiating Coverage) 19-Jul-17 150 180 Buy CLICK HERE

3 Avenue Supermarts (Initiating Coverage) 21-Jun-17 818 804 Neutral CLICK HERE

4 Cholamandalam Investment & Finance (Initiating Coverage)

13-Jun-17 1040 1250 Buy CLICK HERE

5 Gujarat Gas (Initiating Coverage) 19-Apr-17 846 735 Sell CLICK HERE

Source: MOSL

RATING - BUY

SR. NO.

NAME OF COMPANY REPORT DATE REPORT CMP TARGET PRICE

RATING READ REPORT

1 Capital First (Initiating Coverage) 28-Jul-17 766 925 Buy CLICK HERE

2 HPCL 28-Jul-17 374 427 Buy CLICK HERE

3 Cholamandalam Inv & Fin 28-Jul-17 1179 1400 Buy CLICK HERE

4 Idea Cellular 28-Jul-17 96 110 Buy CLICK HERE

5 L&T Finance Holdings 28-Jul-17 161 200 Buy CLICK HERE

6 ICICI Bank 27-Jul-17 307 366 Buy CLICK HERE

7 Maruti Suzuki 27-Jul-17 7592 8863 Buy CLICK HERE

8 Exide Industries 27-Jul-17 217 269 Buy CLICK HERE

9 ONGC 27-Jul-17 163 195 Buy CLICK HERE

10 Amara Raja Batteries 26-Jul-17 847 1095 Buy CLICK HERE

11 Delta Corp 26-Jul-17 170 237 Buy CLICK HERE

12 PVR 26-Jul-17 1353 1628 Buy CLICK HERE

13 HDFC 26-Jul-17 1633 1900 Buy CLICK HERE

14 Tata Communication 25-Jul-17 672 755 Buy CLICK HERE

15 Vedanta 25-Jul-17 274 316 Buy CLICK HERE

16 Ambuja Cements 24-Jul-17 268 308 Buy CLICK HERE

17 Ashok Leyland 24-Jul-17 103 118 Buy CLICK HERE

18 D B Corp 24-Jul-17 372 450 Buy CLICK HERE

RATING - BUY

Source: MOSL

SR. NO.

NAME OF COMPANY REPORT DATE REPORT

CMP TARGET PRICE

RATING READ REPORT

19 Indian Bank 21-Jul-17 329 382 Buy CLICK HERE

20 Persistent Systems 21-Jul-17 657 750 Buy CLICK HERE

21 Zensar Technologies 21-Jul-17 830 950 Buy CLICK HERE

22 Kotak Mahindra Bank 20-Jul-17 980 1153 Buy CLICK HERE

23 Mahindra & Mahindra 20-Jul-17 1383 1625 Buy CLICK HERE 24 Aurobindo Pharma 19-Jul-17 767 850 Buy CLICK HERE

25 Bajaj Finance 19-Jul-17 1543 1800 Buy CLICK HERE

26 Hindustan Media Ventures 19-Jul-17 274 350 Buy CLICK HERE 27 Sanofi India 19-Jul-17 4209 4820 Buy CLICK HERE

28 Ultratech Cement 19-Jul-17 4206 4936 Buy CLICK HERE

29 Hindustan Unilever 18-Jul-17 1158 1285 Buy CLICK HERE

30 Jubilant Life Sciences 18-Jul-17 704 905 Buy CLICK HERE 31 Infosys 12-Jul-17 972 1200 Buy CLICK HERE

32 NTPC 12-Jul-17 164 198 Buy CLICK HERE

33 Tech Mahindra 29-Jun-17 388 465 Buy CLICK HERE

34 Petronet LNG 16-Jun-17 427 546 Buy CLICK HERE

35 Bharti Infratel 15-Jun-17 384 440 Buy CLICK HERE

36 Manpasand Beverages 14-Jun-17 769 900 Buy CLICK HERE

37 Sun Pharma 14-Jun-17 539 650 Buy CLICK HERE

Source: MOSL

RATING - BUY

SR. NO.

NAME OF COMPANY REPORT DATE REPORT

CMP TARGET PRICE

RATING READ REPORT

38 Castrol India 01-Jun-17 424 531 Buy CLICK HERE

39 Bharat Electronics 31-May-17 173 200 Buy CLICK HERE

40 Eveready Industries 31-May-17 319 368 Buy CLICK HERE

41 Oil India 31-May-17 314 363 Buy CLICK HERE

42 Va Tech Wabag 31-May-17 663 800 Buy CLICK HERE

43 Coal India 30-May-17 268 316 Buy CLICK HERE

44 Hindalco 30-May-17 203 250 Buy CLICK HERE

45 Larsen & Toubro 30-May-17 1788 2000 Buy CLICK HERE

46 Power Grid Corporation 30-May-17 204 242 Buy CLICK HERE

47 CG Consumer Electricals 29-May-17 224 240 Buy CLICK HERE

48 Info Edge India 29-May-17 893 1050 Buy CLICK HERE

49 Navneet Education 29-May-17 176 226 Buy CLICK HERE

50 Repco Home Finance 29-May-17 755 900 Buy CLICK HERE

51 Cadila Health 28-May-17 444 510 Buy CLICK HERE

52 Torrent Pharmaceuticals 28-May-17 1224 1450 Buy CLICK HERE

53 Birla Corporation 27-May-17 773 998 Buy CLICK HERE

54 Kaveri Seed Co. 26-May-17 570 653 Buy CLICK HERE

55 Page Inds. 25-May-17 14237 18000 Buy CLICK HERE

RATING - BUY

Source: MOSL

SR. NO.

NAME OF COMPANY REPORT DATE REPORT

CMP TARGET PRICE

RATING READ REPORT

56 PI Industries 25-May-17 811 952 Buy CLICK HERE

57 Prism Cement 25-May-17 119 138 Buy CLICK HERE

58 Bharat Forge 24-May-17 1085 1242 Buy CLICK HERE

59 Dish TV India 24-May-17 92 106 Buy CLICK HERE

60 Jindal Steel & Power 24-May-17 111 184 Buy CLICK HERE

61 Lupin 24-May-17 1228 1475 Buy CLICK HERE

62 SRF Ltd 24-May-17 1585 1816 Buy CLICK HERE

63 Tata Elxsi 24-May-17 1327 1607 Buy CLICK HERE

64 Allcargo Logistics 23-May-17 176 228 Buy CLICK HERE

65 Granules India 22-May-17 149 200 Buy CLICK HERE

66 Bajaj Auto 19-May-17 2974 3422 Buy CLICK HERE

67 Punjab National Bank 19-May-17 155 184 Buy CLICK HERE

68 State Bank of India 19-May-17 308 375 Buy CLICK HERE

69 Bank of Baroda 18-May-17 188 217 Buy CLICK HERE

70 CESC 18-May-17 830 1040 Buy CLICK HERE

71 Gateway Distriparks 18-May-17 249 310 Buy CLICK HERE

72 J K Lakshmi Cement 18-May-17 478 550 Buy CLICK HERE

73 Piramal Enterprises 18-May-17 2798 3044 Buy CLICK HERE

RATING - BUY

Source: MOSL

SR. NO.

NAME OF COMPANY REPORT DATE REPORT

CMP TARGET PRICE

RATING READ REPORT

74 Yes Bank 18-May-17 1401 2110 Buy CLICK HERE

75 JSW Steel 17-May-17 207 241 Buy CLICK HERE

76 Indo Count Industries 16-May-17 194 229 Buy CLICK HERE

77 J K Cement 16-May-17 1118 1322 Buy CLICK HERE

78 Shree Cement 16-May-17 19945 23316 Buy CLICK HERE

79 Colgate 15-May-17 994 1180 Buy CLICK HERE

80 S H Kelkar and Co. 12-May-17 311 367 Buy CLICK HERE

81 Dalmia Bharat 11-May-17 2523 3162 Buy CLICK HERE

82 Endurance Technologies 11-May-17 796 948 Buy CLICK HERE

83 Granules India 11-May-17 146 200 Buy CLICK HERE

84 Bharti Airtel 10-May-17 373 430 Buy CLICK HERE

85 Tata Motors 10-May-17 435 619 Buy CLICK HERE

86 Zee Entertainment 10-May-17 516 600 Buy CLICK HERE

87 Emami 08-May-17 1080 1250 Buy CLICK HERE

88 Equitas Holdings 08-May-17 161 210 Buy CLICK HERE

89 CEAT Ltd 29-Apr-17 1521 1741 Buy CLICK HERE

90 Federal Bank 28-Apr-17 107 125 Buy CLICK HERE

91 Shriram Transport Finance 27-Apr-17 1044 1269 Buy CLICK HERE

RATING – BUY

Source: MOSL

SR. NO. NAME OF COMPANY REPORT DATE REPORT

CMP TARGET PRICE

RATING READ REPORT

2 South Indian Bank 16-May-17 25 31 Upgrade to BUY CLICK HERE

SR. NO.

NAME OF COMPANY REPORT DATE REPORT

CMP TARGET PRICE

RATING READ REPORT

92 TVS Motor Company 27-Apr-17 503 581 Buy CLICK HERE

93 Mahindra Financial Services 25-Apr-17 340 400 Buy CLICK HERE

94 Indiabulls Housing Finance 24-Apr-17 1007 1227 Buy CLICK HERE

95 Fortis Healthcare 21-Apr-17 204 250 Buy CLICK HERE

96 HDFC Bank 21-Apr-17 1497 1790 Buy CLICK HERE

97 Cyient 20-Apr-17 503 620 Buy CLICK HERE

98 Indusind Bank 19-Apr-17 1423 1700 Buy CLICK HERE

99 Ajanta Pharma 11-Apr-17 1741 2028 Buy CLICK HERE

100 JSW Energy 05-Apr-17 64 73 Buy CLICK HERE

101 IDFC 04-Apr-17 62 81 Buy CLICK HERE

RATING – UPGRADE TO BUY

RATING – DOWNGRADE TO SELL

Source: MOSL

SR. NO.

NAME OF COMPANY REPORT DATE REPORT

CMP TARGET PRICE

RATING READ REPORT

1 GAIL India 07-Jun-17 403 357 Downgrade to Sell CLICK HERE

2 Nestle India 12-May-17 6820 5715 Downgrade to Sell CLICK HERE

3 ABB 09-May-17 1538 1200 Downgrade to Sell CLICK HERE

4 Hindustan Zinc 20-Apr-17 283 235 Downgrade to Sell CLICK HERE

RATING – SELL

Source: MOSL

SR. NO.

NAME OF COMPANY REPORT DATE REPORT

CMP TARGET PRICE

RATING READ REPORT

1 Jubilant Foodworks 17-Jul-17 1275 850 Sell CLICK HERE

2 Tata Power 29-Jun-17 82 68 Sell CLICK HERE

3 Voltas 19-Jun-17 474 400 Sell CLICK HERE

4 SAIL 02-Jun-17 57 30 Sell CLICK HERE

5 Thermax 31-May-17 1000 850 sell CLICK HERE

6 BHEL 29-May-17 153 100 sell CLICK HERE

7 CG Power and Industrial 27-May-17 93 65 sell CLICK HERE

8 Gujarat Gas 24-May-17 751 699 Sell CLICK HERE

9 Biocon 28-Apr-17 1105 900 Sell CLICK HERE

10 Gujarat Gas (Initiating Coverage) 19-Apr-17 846 735 Sell CLICK HERE

RATING – NEUTRAL

Source: MOSL

SR. NO.

NAME OF COMPANY REPORT DATE REPORT

CMP TARGET PRICE

RATING READ REPORT

1 Escorts 28-Jul-17 669 732 Neutral CLICK HERE

2 Dr Reddy’ s Labs 27-Jul-17 2622 2500 Neutral CLICK HERE

3 Mphasis 27-Jul-17 614 610 Neutral CLICK HERE

4 HCL Technologies 27-Jul-17 890 950 Neutral CLICK HERE

5 ITC 27-Jul-17 289 280 Neutral CLICK HERE

6 Pidilite Industries 26-Jul-17 805 810 Neutral CLICK HERE

7 Hero MotoCorp 25-Jul-17 3707 3818 Neutral CLICK HERE

8 Asian Paints 25-Jul-17 1152 1200 Neutral CLICK HERE

9 Axis Bank 25-Jul-17 545 545 Neutral CLICK HERE

10 United Spirits 24-Jul-17 2641 2525 Neutral CLICK HERE

11 Divi's Laboratories 24-Jul-17 721 680 Neutral CLICK HERE

12 Reliance Industries 21-Jul-17 1586 1499 Neutral CLICK HERE

13 KPIT Technologies 20-Jul-17 134 140 Neutral CLICK HERE

14 NIIT Technologies 20-Jul-17 546 540 Neutral CLICK HERE

15 Wipro 20-Jul-17 269 270 Neutral CLICK HERE

16 Canara Bank 19-Jul-17 371 360 Neutral CLICK HERE

17 Havells India 19-Jul-17 467 455 Neutral CLICK HERE

RATING – NEUTRAL

Source: MOSL

SR. NO.

NAME OF COMPANY REPORT

DATE REPORT

CMP TARGET PRICE

RATING READ REPORT

18 HT Media 19-Jul-17 88 90 Neutral CLICK HERE

19 MindTree 19-Jul-17 442 475 Neutral CLICK HERE

20 Tata Steel 19-Jul-17 571 583 Neutral CLICK HERE

21 Gruh Finance 18-Jul-17 492 450 Neutral CLICK HERE

22 ACC 17-Jul-17 1751 1662 Neutral CLICK HERE

23 DCB Bank 17-Jul-17 198 192 Neutral CLICK HERE

24 Avenue Supermarts (Initiating Coverage) 21-Jun-17 818 804 Neutral CLICK HERE

25 Cummins India 15-Jun-17 921 950 Neutral CLICK HERE

26 Blue Star 05-Jun-17 639 610 Neutral CLICK HERE

27 V-Guard Industries 01-Jun-17 184 167 Neutral CLICK HERE

28 SITI Network 30-May-17 31 36 Neutral CLICK HERE

29 India Cements 29-May-17 188 210 Neutral CLICK HERE

30 Indraprastha Gas 28-May-17 1027 1067 Neutral CLICK HERE

31 Alkem Laboratories 27-May-17 1866 1900 Neutral CLICK HERE

32 Container Corporation 26-May-17 1207 1162 Neutral CLICK HERE

33 GE T&D India 26-May-17 357 320 Neutral CLICK HERE

34 Sun TV 26-May-17 808 860 Neutral CLICK HERE

RATING – NEUTRAL

Source: MOSL

SR. NO.

NAME OF COMPANY REPORT DATE REPORT

CMP TARGET PRICE

RATING READ REPORT

35 Bosch Ltd 25-May-17 23406 23287 Neutral CLICK HERE

36 Cipla 25-May-17 504 500 Neutral CLICK HERE

37 Gujarat State Petronet 25-May-17 174 171 Neutral CLICK HERE

38 Bank of India 22-May-17 158 147 Neutral CLICK HERE

39 Grasim Industries 22-May-17 1121 1234 Neutral CLICK HERE

40 GSK Pharma 19-May-17 2442 2700 Neutral CLICK HERE

41 K E C Intl. 19-May-17 244 250 Neutral CLICK HERE

42 Titan Company 19-May-17 471 505 Neutral CLICK HERE

43 Jyothy Laboratories 18-May-17 378 390 Neutral CLICK HERE

44 MRPL 17-May-17 135 124 Neutral CLICK HERE

45 J&K Bank 15-May-17 81 89 Neutral CLICK HERE

46 Siemens 15-May-17 1420 1355 Neutral CLICK HERE

47 Oriental Bank of Commerce 12-May-17 163 150 Neutral CLICK HERE

48 Godrej Consumer 10-May-17 1925 1950 Neutral CLICK HERE

49 Union Bank of India 08-May-17 188 174 Neutral CLICK HERE

50 IDFC Bank 26-Apr-17 61 62 Neutral CLICK HERE

51 Hexaware Technologies 24-Apr-17 219 235 Neutral CLICK HERE

52 TCS 18-Apr-17 2309 2400 Neutral CLICK HERE

RATING – DOWNGRADE TO NEUTRAL

Source: MOSL

SR. NO.

NAME OF COMPANY REPORT DATE REPORT

CMP TARGET PRICE

RATING READ

REPORT

2 BPCL 30-May-17 738 779 Downgrade to Neutral CLICK HERE

3 Escorts 29-May-17 672 711 Downgrade to Neutral CLICK HERE

4 Nalco 28-May-17 68 65 Downgrade to Neutral CLICK HERE

5 IOC 25-May-17 439 457 Downgrade to Neutral CLICK HERE

6 Just Dial 22-May-17 494 465 Downgrade to Neutral CLICK HERE

7 United Breweries 18-May-17 792 830 Downgrade to Neutral CLICK HERE

8 Arvind 11-May-17 408 382 Downgrade to Neutral CLICK HERE

9 LIC Housing Finance 26-Apr-17 676 723 Downgrade to Neutral CLICK HERE

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