1)Lupin
Goldman Sachs has maintained a buy rating on Lupin with a target of Rs 518. It believes that the stock is the best-positioned company to penetrate the oral contraceptive market with a portfolio of around 25-30 ANDAs awaiting approval from the USFDA
2) Tata power
Goldman Sachs maintains a buy on Tata Power with a target of Rs 1,410. It believes the current market price already reflects most downside risks with regards to the Mundra UMPP.
3) HUL
Goldman Sachs has recommended selling HUL with a target of Rs 274 and switching to Marico with a target of Rs 163. It believes rupee depreciation can increase input costs for HUL by 6-8%.
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