Thermax Limited shares touched yearly highs on Friday and the stock is looking strong on technical charts. Thermax stock touched 52-week high of Rs 2942 and closed the session at Rs 2922.
A new study conducted by a team of researchers at the National Renewable Energy Laboratory (NREL) has suggested that existing power grid infrastructure seems to be ready to handle an influx of comm
Kilburn Engineering Ltd., a leading manufacturer of all type of Dryers and Drying Equipment in India, has entered into a MOU with Chemetall-Rai India Ltd. for buying about 8 acres of land at Goregaon (East), Mumbai for Rs 8.67 crore.
The above quoted price is exclusive of stamp duty, registration fees, site development expenses, MIDC charges etc.
The company intends to use the land for setting up a state-of-the-art manufacturing facility at the location which is expected to be operational from mid 2010.
Stock analysts have maintained 'Buy' rating on Punj Lloyd Ltd stock to achieve an intra-day target that lies between Rs 118-126.
According to them, interested day traders can buy the stock above Rs 118 with a stop loss below Rs 112.
Shares of the company, on Friday (April 24), closed at Rs 116.10 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 384.50 and a low of Rs 66.65 on BSE. Current EPS and P/E of the stock stood at 112.89 & 9.20 respectively.
So buy it, it will prove that it's definitely a strategic stock.