Stock Trading Recommendation

Jet Airways (India) Ltd.
Sell Jet Airways with a target of Rs 172

Industry structure to remain fragmented. Macro remains challenging. Citi has cut EBITDA forecasts for Jet by 23-58 per cent over FY12/14.

Hindustan Unilever Ltd.
Buy HUL with a target of Rs 420

Distributor meeting confirms volume growth thesis. HUL's supply chain has become more efficient. No slowdown witnessed in rural demand as of now. Expect volume growth to continue.