Saturday, April 14, 2007

[1.] ITC
Buy
Price target: Rs200
Current market price: Rs154

ITC ties up with StarwoodThe speculation over the state of alliance between ITC-Welcomgroup and its international partner Starwood Hotels & Resorts has ended. The two companies have announced a tie-up under which Starwood Hotels & Resorts will bring its premium brand Luxury Collection to India. This new alliance will help ITC to climb up the value chain.

[2.] Infosys Technologies
Buy
Price target: Rs2,520
Current market price: Rs2,088

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