Long-term bets: What to Buy, Sell and Hold

Centrum Equity Research has retained its hold rating on Tech Mahindra and has cut the target price to Rs 560 from Rs 605. Due to slowdown in the telecom vertical, the brokerage expects the stock to report muted organic USD revenue growth for the period 2015-16. According to the brokerage, the recent acquisition of Pininfarina has also raised concerns in the street. The stock fell 0.38% to Rs 519.85 on Tuesday.

Nomura has maintained a reduce rating on Titan and cut the target price to Rs 330 from Rs 337 citing continued slowdown in demand and rising competition among both organised and unorgan ised companies. It also said that the regulatory overhang remains which may affect earnings negatively in the near and medium term. The stock rose 1.66% to Rs 361 on Tuesday.

Motilal Oswal has initiated coverage on Eveready with a buy rating citing robust LED growth fuelled by strong brand recall and distribution network. The brokerage has set the stockRss target price at `390and has said that the digitisation of television is expected to generate high demand for set top box, hence batteries which will drive volume growth in bat tery business. The stock fell 0.51% to Rs 295 on Tuesday.

Elara Capital has upgraded its rating on Entertainment Network IndiaRss (ENIL) to buy and increased its target price to `852 citing steady earnings growth with high free cash flow (FCF) genera tion and an improving return on invested capital (ROIC).

The stock rose 7.87% to Rs 769.35 on Tuesday.