Reliance Communications: CLSA maintains sell call with a target of Rs 70 citing high valuations and large debt.
Reliance Power: Q4 sales seen down 7.5 per cent quarter-on-quarter at Rs 285 crore.
Sun Pharma: Morgan Stanley maintains overweight, while raising the target price from Rs 845 per share to Rs 1,159. The investment bank has added Sun Pharma to its Asia's Best Ideas list.
DLF to offer 3.6 per cent or 8.1 crore shares in a price band of Rs 222-233 per share (at a discount) on May 14. This will bring down debt from Rs 21,000 crore (at the end of Q3) to Rs 19,000 crore and help meet the 25 per cent free float criteria.
PVR: Axis Capital has initiated coverage on the stock with buy call and a target price of Rs 410. PVR is best placed to capitalize on rising footfalls, the brokerage says.
Bank of Baroda will report Q4 number today: Net profit is seen falling 28 per cent to Rs 1,085 crore against Rs 1,518 crore year-on-year on account of a tax-write back. Slippages are likely to remain at the Q3 levels of Rs 2,000 crore.
Bank of India likely to report 10.6 per cent dip in net profit at Rs 852 crore. Gross slippages are seen at Rs 1,200- Rs 1,400 crore.
Essar Oil: Credit Suisse has downgraded the stock to underweight and cut its target price to Rs 65 per share. Reduction of interest cost is a dire need, the investment bank says.
Nestle India: Net profit seen rising 10 per cent to Rs 317 crore. EBITDA margins are seen flat at 22.3 per cent.
Eicher Motor: Net profit seen down 20 per cent to Rs 87.5 crore, while EBITDA margins are seen falling to 8 per cent from 10.6 per cent due to lower profits from commercial vehicles.