Mukesh Ambani-owned Reliance Industries (RIL), the largest private oil refiner and retail giant in India has registered a 7.4 per cent growth in profit at Rs 4122 crore in the second quarter, as compared to Rs 3837 crore for the quarter ended September 30, 2007.
While company's second quarter revenue rose 39.40% to Rs 44,938 crore in the three-month period ended September 30, against Rs 32,211 crore in the year-ago period.
Technical analyst Ashwani Gujral has maintained ‘buy’ rating on Housing Development and Infrastructure Limited (HDIL) stock with a short term target of Rs 415.
According to him, interested investors can purchase the stock above Rs 308 with a strict stop loss of Rs 275.
Today (Sep 04), the company’s shares opened at Rs 323.90 on the Bombay Stock Exchange (BSE), as against its last closure at Rs 325.85 on Monday (Sep 02). Current EPS & P/E ratio stood at 55.38 and 5.62 respectively. The share price has seen a 52-week high of Rs 1116.96 and a low of Rs 254.67 on BSE.
Stock market analyst Ashwani Gujral has maintained ‘buy’ rating on Orbit Corporation Limited stock with a short term of Rs 380 in 3-4 weeks.
According to Mr. Gujral, interested investors can purchase the stock above Rs 280 with a strict stop loss of Rs 250. If the stock market remains positive in the coming days, the stock pricing becomes more attractive, and reach above Rs 425 within the said time period.
Technical analyst, Ashwani Gujral is of the view that investors can buy Hidustan Zinc stock to achieve a medium-term target that lies between Rs 865 to Rs 920.
According to him, investors can purchase the stock around 735 with a stop loss of Rs 650.
The investors can achieve the target within a period of 4-5 months. So they are advised not to sell the stock before achieving this price target.
Today, the company’s shares opened at Rs 741, as against its last closure at Rs 733.85 on Wednesday (May 14), on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 969 and a low of Rs 501 on BSE.
Technical analyst, Ashwani Gujral has advised investors to purchase Shiv Vani Oil & Gas Exploration Services stock on declines in order to achieve a short-tern target of Rs 744.
The investors can achieve the target within a period of 5-6 weeks, and the strict stop loss for the suggested stock should be Rs 597.
The stock has great potential to go upside. It can still exhibit superb surge. The long term traders are recommended to hold the stock.
Mukesh Ambani-owned Reliance Industries (RIL), the largest private oil refiner and retail giant in India has registered a 7.4 per cent growth in profit at Rs 4122 crore in the second quarter, as compared to Rs 3837 crore for the quarter ended September 30, 2007.
and Infrastructure Limited (HDIL) stock with a short term target of Rs 415. 
Limited stock with a short term of Rs 380 in 3-4 weeks. 
Chambal Fertilizers stock around Rs 70 to achieve a target of Rs 88 within a week. 
Hidustan Zinc stock to achieve a medium-term target that lies between Rs 865 to Rs 920.
Vani Oil & Gas Exploration Services stock on declines in order to achieve a short-tern target of Rs 744. 
