Dbcomgerdisclosuredisclosuredirectoryeqsr analyst

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Unformatted text preview: 2013: Buy, Target Price Change INR400.00 5. 26/08/2013: Buy, Target Price Change INR520.00 3. 08/07/2013: Buy, Target Price Change INR425.00 6. 22/10/2013: Buy, Target Price Change INR590.00 Page 36 Deutsche Bank AG/Hong Kong 7 January 2014 Software & Services Indian IT Services Historical recommendations and target price: HCL Tech (HCLT.BO) (as of 1/6/2014) 1,400.00 Previous Recommendations 1,200.00 5 1,000.00 Security Price Strong Buy Buy Market Perform Underperform Not Rated Suspended Rating 6 4 800.00 3 Current Recommendations 2 600.00 Buy Hold Sell Not Rated Suspended Rating 1 400.00 *New Recommendation Structure as of September 9,2002 200.00 0.00 Jan 12 Apr 12 Jul 12 Oct 12 Jan 13 Apr 13 Date Jul 13 Oct 13 1. 18/04/2012: Hold, Target Price Change INR535.00 4. 08/07/2013: Hold, Target Price Change INR845.00 2. 17/10/2012: Hold, Target Price Change INR600.00 5. 26/08/2013: Hold, Target Price Change INR1,050.00 3. 17/01/2013: Hold, Target Price Change INR750.00 6. 18/10/2013: Downgrade to Sell, Target Price Change INR940.00 Historical recommendations and target price: Tech Mahindra Ltd (TEML.BO) (as of 1/6/2014) 2,000.00 Previous Recommendations 1,800.00 9 1,600.00 8 Security Price 1,400.00 7 1,200.00 4 3 1,000.00 5 6 Current Recommendations Buy Hold Sell Not Rated Suspended Rating 2 800.00 1 600.00 400.00 *New Recommendation Structure as of September 9,2002 200.00 0.00 Jan 12 Strong Buy Buy Market Perform Underperform Not Rated Suspended Rating Apr 12 Jul 12 Oct 12 Jan 13 Date Apr 13 Jul 13 Oct 13 1. 23/05/2012: Buy, Target Price Change INR905.00 6. 08/07/2013: 2. 09/08/2012: Buy, Target Price Change INR990.00 7. 12/08/2013: Buy, Target Price Change INR1,500.00 3. 05/11/2012: Buy, Target Price Change INR1,220.00 8. 26/08/2013: Buy, Target Price Change INR1,650.00 4. 06/02/2013: Buy, Target Price Change INR1,335.00 9. 08/11/2013: Buy, Target Price Change INR1,890.00 5. 12/06/2013: Buy, Target Price Change INR1,360.00 Deutsche Bank AG/Hong Kong Buy, Target Price Chan...
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