Technical analyst Anil Singhvi has maintained 'buy' rating on Dhanlaxmi Bank Limited stock with an intra-day target of Rs 53.

According to analyst, the stock can be purchased with a stop loss of Rs 47.50.

The stock of the company, on February 03, closed at Rs 48.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 82.35 and a low of Rs 45 on BSE.

Current EPS is -9.07.

Suzlon Energy declared that the meeting of its directors will take place today to consider and approve the unaudited financial results for October-December quarter ended December 2010.

Suzlon Energy pocketed a contract worth $1.28 billion for 1,000 megawatts of wind power projects from Caparo Energy (India).

Caparo Energy, an independent power fabricator, proposes to commission 500 mega watt by March next year, and another 500 mega watt by March 2013 in the country.

Company Chief Financial Officer Robin Banerjee stated, "Price of the turbines for the first 500 MW is fixed, while the next 500 MW would have index-based price so that cost rise can be absorbed."

Suzlon Energy, via its abroad division Suzlon Energia Eolica do Brasil, has bagged a deal from Martifer Renovaveis to establish, manage and sustain a 218MW wind power project across the Brazilian states of Ceara and Rio Grande do Norte.