Stock Views on Sun TV, Kesoram Industries, VST Tillers

LKP Shares on VST Tillers - Target of Rs 175
LKP Shares has recommended a buy rating on VST Tillers Tractors, with 6-month price target of Rs 175, in its report dated November 1, 2008. "Given the robust free cash generation VSTT would have a book value of Rs 150 this fiscal, market capitalization which is a fourth of its revenues and the stock trading at 3xFY'09E earnings with a dividend yield of 4% offers good value for investors and we recommend a BUY with a six month price target of Rs 175," says LKP Shares' report.

SKP Securities on Kesoram Industries - Target of Rs 666

SKP Securities has a buy rating on Kesoram Industries with a target price of Rs 666 in its November 6, 2008 research report. "Net sales were up by 32.77% to Rs. 889.56 crores in Q2FY09 over Q2FY08. Considering the supply glut in the cement industry and discounting the external economic environment, we are reducing our target price. We recommend a BUY on the stock with a target price of Rs 666 at 5 x FY10E earnings," says SKP Securities' research report.

KRChoksey on Sun TV - Target of Rs 220

KRChoksey Research has recommended a buy rating on Sun TV Network with a target price of Rs 220 in its November 11, 2008 research report. "On Y-o-Y basis, advertising revenue (including radio business) and broadcast fee (Time slot model) grew 30% to Rs 136.0 crore and Rs 39.0 respectively. We recommend a BUY with a target price of Rs 220 representing an upside potential of 37% from current levels. At target price, the stock valued at 19.6x FY09E EPS of Rs 11.2," says KRChoksey's research report.