Sell Gold, Silver advises Karvy Stock Broking

Karvy Commodities Broking's research report on crude oil - According to the US Energy department, crude oil stocks are expected to fall by more than 800,000 barrels in the week ending on 17th May while refineries probably operated at 88.4% capacity ...

Karvy Stock Broking has maintains 'Buy' on Bharat Heavy Electricals (BHEL) with price target of Rs 253 as against current market price (CMP) of Rs 180 in its report. BHEL has posted Rs. 64.85 billion net profit (provisional), while its net sales grew to Rs ...

Karvy Stock Broking Dr Reddys Lab (Buy)CMP: Rs 2,064.55Target: Rs 2,330Dr Reddys Laboratories revenues rose by 25.6 per cent y-o-y at Rs 3,334 crore...

Karvy Stock Broking has upgraded Bank of Baroda (BoB) to 'Buy' with a price target of Rs 810 as compared to current market price (CMP) Rs 690 in its report dated May. 14, 2013.BoB reported a fall of 32.23% in net profit on year-on-year basis to Rs ...

JK Jain of Karvy Stock Broking expects Tata Steel to see selling pressure on rallies rather than significant downside.

Karvy Stock Broking has come out with its report on currency. The research firm expects USDINR to extend its gains and on daily chart major resistance is seen at 54.50- 54.60 levels. Recommend buying on dips.

February IIP is expected to decline and fall in line with the earlier growth trend of Nov-Dec'12, said Karvy Stock Broking. The stock broker expects Feb'13 IIP to decline by 1% YoY as compared to 2.4% growth in Jan'13 and marginal deâgrowth in NovâDec'12 ...

Karvy Stock Broking has downgraded Ambuja Cements to 'Sell' with price target of Rs 186 as against current market price (CMP) of Rs 185 in its report dated May. 8, 2013. In Q1CY13, Ambuja Cements' (ACEM) adjusted sales, EBITDA & PAT declined 4%, 32% and 26% ...

Karvy Stock Broking has recommended 'Sell' on Nestle India with a price target of Rs 4,629 as against the current market price (CMP) of Rs 4,707 in its report dated Mar. 25, 2013. Nestle India (Nestle) has increased royalty rate by 100 bps to 4.5%. This ...