Downgrades

Symb Company 4 wk rating
change		 Current mean
rating
SRFL.NS SRF Ltd 2.00 to 4.00 Underperform
RCSY.NS Ruchi Soya Industries Ltd 2.50 to 4.00 Underperform
KRBR.NS Kirloskar Brothers Ltd 1.00 to 2.00 Outperform
FISO.NS Firstsource Solutions Ltd 1.50 to 2.50 Outperform
BLKS.NS B L Kashyap and Sons Ltd 1.00 to 2.00 Outperform
ALOK.NS Alok Industries Ltd 1.00 to 2.00 Outperform
RELG.NS Religare Enterprises Ltd 3.00 to 4.00 Underperform
KPRM.NS K.P.R.Mill Ltd 1.00 to 2.00 Outperform
TULP.NS Tulip Telecom Ltd 1.81 to 2.81 Hold
SUPI.NS Supreme Industries Ltd 1.33 to 2.33 Outperform
VIPI.NS V I P Industries Ltd 1.00 to 1.67 Outperform
CHPC.NS Chennai Petroleum Corporation Ltd 3.00 to 3.67 Underperform
HCLI.NS HCL Infosystems Ltd 2.67 to 3.33 Hold
ATOA.NS Automotive Axles Ltd 1.67 to 2.33 Outperform
ZURI.NS Zuari Industries Ltd 2.00 to 2.50 Outperform
TEEC.NS Techno Electric and Engg Co Ltd 1.50 to 2.00 Outperform
RAMK.NS Ramky Infrastructure Ltd 1.50 to 2.00 Outperform
BMBK.NS Bank of Maharashtra Ltd 1.00 to 1.50 Buy
TTKL.NS TTK Prestige Ltd 1.40 to 1.90 Outperform
SAEM.NS Sarda Energy and Minerals Ltd 2.50 to 3.00 Hold
HEGL.NS HEG Ltd 2.50 to 3.00 Hold
BJFS.NS Bajaj Finserv Ltd 2.20 to 2.67 Hold
TTRO.NS TRF Ltd 2.25 to 2.67 Hold
EVED.NS Everonn Education Ltd 3.00 to 3.40 Hold
ESDA.NS Ess Dee Aluminium Ltd 2.00 to 2.40 Outperform
Markets

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