Axis Bank:

AnandRathi is bullish on Axis Bank and has retained buy rating on the stock with a target of Rs 1635 in its April 25, 2013 research report.

"At 16 percent yoy, Axis Bank's advances grew faster than its deposits (14.8 percent yoy), thereby stretching the credit-deposit by 84bps yoy to 78 percent. The strong advances growth was driven largely by the retail segment (43.6 percent yoy), now comprising 27.4 percent of advances. NIM rose 14bps yoy (flat qoq) to 3.6 percent, led by a 284-bp yoy rise in the share of CASA to 44.4 percent. The average CASA per branch, at Rs573m, was the highest of its peers."

Petronet LNG:

Prabhudas Lilladher is bullish on Petronet LNG and has recommended buy rating on the stock with a target of Rs 185 in its April 25, 2013 research report.

"Petronet LNG (PLNG) has entered into a conditional agreement with Houston-based United LNG to procure LNG from the main Pass Energy Hub LNG project in the Gulf of Mexico. One of the conditionality associated with the deal is the approval from the department of Energy (DoE). In Jan-13, main pass facility received approval from DoE to export gas to nations having FTA (Free trade agreement) with USA; approval for sale to non-FTA nations is still pending. The final SPA is expected to be signed by the end of the current year.

Mahindra Holidays:

Prabhudas Lilladher is bullish on Mahindra Holidays and Resorts India and has recommended a buy rating on the stock with a target of Rs 332 in its April 25, 2013 research report.

"Mahindra Holidays and Resorts India, Q4 witnessed a pick-up in member additions to 5526 members as against 4021 in Q3FY13. For the full year, MHRL added 17489 members as against 18089 in FY12. Going forward, the management expects an improving trajectory in member additions, given its initiatives of inventory addition, penetration into Tier 2 cities in India through third-party channel partners, entry into Dubai as well as focus on onsite member acquisitions. Average realizations dropped to Rs0.33m as against Rs0.38m in Q3FY13 as the company was testing its new 10-year product in the lower seasons.

ICICI Bank:

Amit Trivedi, Investworks.in advises to buy ICICI Bank around Rs 1131.

Trivedi told CNBC-TV18, "Given the way markets have moved in the month of April we think in May also markets should head higher. Our target for Nifty is at around 6,000 levels. This is coming predominantly from the fact like there is some expectation of rate cut from Reserve Bank of India (RBI) and European Central Bank (ECB), plus the continuation of stimulus from Bank of Japan (BoJ) and the US Federal Reserve."

GoodReturns.in

DISCLAIMER: GoodReturns provides you with information covering shares, futures and options based on broker's reports as stated on various media. Investors are, however, warned that they should NOT take any buy or sell decision based on these views expressed in the article. Investors should consult their own financial and share advisors before taking purchase or sale decisions. GoodReturns does not take any responsibility for any losses incurred by investors who take their cues from the above article.