* CLSA Emerging Markets has put out a buy recommendation on Digital Globalsoft at the price of Rs 569.40, with a target price of Rs 800. According to the report, Digital provides the highest upside among mid-cap software stocks. Besides, non-Compaq business and BPO services is expected to see robust growth. Any correction on merger related news flow, is an opportunity to buy.
* An Ask Raymond James report has pegged the fair value of Macmillan India based on discounted cash flow method at Rs 335. Macmillan India (MIL), a 61 per cent subsidiary of Macmillan plc., is India
