Indiabulls Securities has recommended a hold rating on GAIL, in its report dated November 10, 2009. The stock closed at Rs 377.60 on November 12, 2009.

"We expect GAIL to report an improved performance in the coming quarters, as it starts delivering on its natural gas supply and trading agreement..

Indiabulls Securities has recommended a hold rating on HDFC Bank, with price target of Rs 1738, in its report dated November 9, 2009. The stock closed at Rs 1715.35 on November 12, 2009.

"We have valued HDFC Bank using the three-stage Discounted Equity Cash Flow model. Our model assumes a cost of..

Indiabulls Securities Research has upgraded its rating on ITC from sell to hold with a target price of Rs 248 in its September 22, 2009 research report. At 15:22 pm, the share was quoting at Rs 230.35, up Rs 2.95, or 1.30%.

"Assuming a sustainable volume growth in the Cigarette business, a consis..