· NIIT: Upgrade to ACCUMULATE; Target: Rs80, the improvement in business prospects and margin improvement have led us to raise FY11E earnings to Rs 4.7 and FY12E at Rs 5.3
· Adhunik Metaliks: To witness power of Captive Mining; Not Rated; our SoTP valuation for the stock is at Rs185/share.
· Hero Honda to continue to show strong performance, volume growth 19% YoY and EBITDA margins expected to expand by 70bps YoY
· Sesa Goa Ltd to report good results, key things to watch for are the company's outlook on volume growth and break up revenues into spot and contract and outlook on exports
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