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To: Mohan Marette who wrote (5481)8/6/1999 8:04:00 AM
From: Mohan Marette  Respond to of 12475
 
Analyst recommendations.

Gujarat Ambuja Cements Maintained 'Buy' at Jardine Fleming

Bloomberg News
August 6, 1999, 2:26 a.m. PT
Mumbai, Aug. 6 (Bloomberg Data) -- Gujarat Ambuja Cements Ltd (GAMB IN) was maintained ''buy'' by analyst Pradeep Mahtani at Jardine Fleming Intl. Securities.

Gujarat Ambuja Cements Named 'Outperform' at BNP Prime

Bloomberg News
August 6, 1999, 2:24 a.m. PT
Mumbai, Aug. 6 (Bloomberg Data) -- Gujarat Ambuja Cements Ltd (GAMB IN) was named ''outperform'' by analyst V. Ramanan at BNP Prime Peregrine.

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TELCO Maintained 'Buy' at Cazenove

Bloomberg News
August 6, 1999, 2:23 a.m. PT
Mumbai, Aug. 6 (Bloomberg Data) -- Tata Engineering & Locomot (TELCO IN) was maintained ''buy'' by analyst P. Ravishankar at Cazenove & Co

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Hindustan Lever Named 'Buy' at Cazenove

Bloomberg News
August 6, 1999, 2:19 a.m. PT
Mumbai, Aug. 6 (Bloomberg Data) -- Hindustan Lever Limited (HLVR IN)
was named ''buy'' by analyst Sapna Naik at Cazenove & Co.
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Hindustan Petroleum Cut to Long-Term 'Buy' at Cazenove

Bloomberg News
August 6, 1999, 2:17 a.m. PT
Mumbai, Aug. 6 (Bloomberg Data) -- Hindustan Petroleum Corp. (HPCL IN)
was downgraded to long-term ''buy'' from ''buy'' by analyst Mahesh Prasad at Cazenove & Co.
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Hindalco Industries Maintained 'Outperform' at First Global

Bloomberg News
August 6, 1999, 1:00 a.m. PT
Mumbai, Aug. 6 (Bloomberg Data) -- Hindalco Industries Limited (HNDL IN) was maintained ''outperform'' by analyst Sekhar Singh at First Global Stock Broking.
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