Shipping Sector

Shipping Monthly Report – July 2011 (ICICI securities) update.2011.Jul.8

Date	Rating	Target Price	Recommendation Price	Broker house
8 Jul 2011	--	--	--	ICICI securities Report

Shipping Monthly Report – June 2011 (ICICI securities) update.2011.Jun.10

Date	Rating	Target Price	Recommendation Price	Broker house
10 Jun 2011	--	--	--	ICICI securities Report

shipping monthly report - may 2011 (ICICIsec)

Date	Rating	Target Price	Recommendation Price	Broker house
6 May 2011	--	--	--	ICICI securities Report

shipping monthly report - april 2011 (ICICIsec)

Date	Rating	Target Price	Recommendation Price	Broker house
15 Apr 2011	--	--	--	ICICI securities Report

shipping monthly report-mar 2011 (ICICIsec)

Date	Rating	Target Price	Recommendation Price	Broker house
29 Mar 2011	--	--	--	ICICI securities Report

shipping monthly report-february 2011 (ICICIsec)

Date	Rating	Target Price	Recommendation Price	Broker house
22 Feb 2011	--	--	--	ICICI securities Report

shipping monthly report (ICICIsec) 2011.01

Date	Rating	Target Price	Recommendation Price	Broker house
14 Jan 2011	--	--	--	ICICI securities Report

shipbuilding sector: winding-up (emkay) 2010.10.10

Date	Rating	Target Price	Recommendation Price	Broker house
10 Jan 2011	--	--	--	emkay Report

Shipping Industry coverage (ICICIsec) dated 2010.09.29

name cmp TP rating upside%

Essar Shipping 112 112 Reduce 0%

GE Shipping 307 356 Buy 16%

Mercator Lines 55 63 Buy 15%

SCI 162 162 Reduce 0%

Varun 42 36 Sell -14%

Aban Offshore 860 947 Buy 10%

Garware Offshore 121 139 Buy 15%

Great Offshore 385 444 Buy 15%

ABG Shipyard 244 241 Reduce -1%

Bharati

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