Research reports: SBI, Tata Steel, HT Media, Bajaj Auto, :Kotak Sec PDF link

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http://www.kotaksecurities.com/pdf/indiadaily/indiadaily21052012.pdf


Results
State Bank of India: Legacy issues behind but macro risks persist
Tata Steel: Weak quarter, positives ahead
Hindustan Media Ventures: UP election advertising saves the day
Change in Reco
Bajaj Auto: Upgrade to ADD on attractive valuations