E Mathew

Short Term Buy Call For 'IDBI'

IDBIStock analyst E Mathew is of the view that IDBI stock will provide hefty gains in the short run.

Presently (1:00 pm), the stock is trading 0.6% down at Rs 173.40.

Mr. Mathew has suggested investors not to sell IDBI stock before achieving a short term target between Rs 190-200. Traders should use Rs 163 as a stop loss. The stock can be bought in the range of Rs 167-169. Don’t buy it on upper levels.

IDBI has seen a 52-week high of Rs 181 on Bombay Stock Exchange. The P/E is 19.46, and EPS stands at Rs 8.96.

It seems that IDBI will touch another yearly high in the said time period. So keep the stock for at least 3-4 weeks.

Buy BOC India

BOC IndiaStock analyst E Mathew has suggested that BOC India should be purchased on declines to achieve a short term target of Rs 198. The stock has seen a decent rise in recent trading sessions.

In today’s trading session, the stock has gained 4.5% at Rs 158.95 up till now. But interested investors should wait for sometime.

If the stock follows the uptrend for the whole day, leave it and forward your decision to next trading session. If the stock falls, buy it as much as you can. It will definitely provide provide you good returns.

CESC Buy Call

CESC LtdCESC stock, today, opened at Rs. 644, as compared to its last closure at Rs. 626.85 on the Bombay Stock Exchange (BSE). The stock is presently trading at Rs 639.00 on BSE.

After the previous close at Rs. 629.7, the stock opened at Rs. 615 at NSE. The stock is presently trading at Rs 637 on NSE.

Stock analyst, E Mathew has given “BUY CALL” for this stock to make decent gains in the short run.

Mr. Mathew said that the interested investors can buy this stock on declines (between Rs 596-600) with a stop loss at Rs 590. The short term target for this stock is around or above Rs 680.

Buy Gayatri Projects

After previous close at Rs. 331.35, and opening at Rs. 340.00 today, the Gayatri Projects stock has gained 3.79%, reaching at Rs. 343.90 up till now, in today’s trading session at BSE.

E Mathew has given “buy call” for the stock.

According to E Mathew, “Buy Gayatri Projects with a stop loss of Rs 320 for a short-term target of Rs 388.”

Usha Martin Delivery Call

Usha MartinTechnical Analyst E Mathew has suggested to buy Usha Martin to be sold tomorrow. The delivery call for the day has been given as the stock has performed well in an otherwise weak market.

The stock has gained above 3.0% at Rs 140.94, and it is expected to touch Rs 165 levels tomorrow. It has a good potential.

Usha Martin is planning to raise equity capital of Rs 3,350 million. The company plans to raise the funds through preferential allotment of upto 38.5 million warrants convertible into equity shares to its promoters, reports Business Standard.

Binani Cement Buy Call

Binani Ind.Stock Analyst E Mathew has suggested that Binani Cement can be purchased on declines to achieve a short term target of Rs 130. The stock has seen a decent rise in recent trading sessions.

In today’s trading session, the stock has gained 3.8% at Rs 116.95 up till now. But interested investors should wait for sometime.

If the stock follows the uptrend for the whole day, leave it and forward your decision to next trading session. If the stock falls, buy it as much as you can. It will provide you good returns.

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