Buzzing Stocks

Sell IFCI Stock

IFCIStock Market Analyst Ashwani Gujral has suggested the investors to sell IFCI stock as there are full chances of a downward trend in this stock.

If the stock fell below Rs 80, it may see more weakness. Presently (at 10:45 am), IFCI stock is hovering near Rs 78, down 21%.

So, the investors should sell IFCI with a stop loss of Rs 108 for a target of Rs 67.

There is also news that IFCI has rejected the bid put in by Sterlite-Morgan Stanley as both the parties failed to strike agreements over the price and management control.

Mangalore Chemicals and Fertilizers Ltd

MCFStock market analyst E Mathew has suggested a ‘buy’ for Mangalore Chemcials and Fert. The stock has gained around 5 percent in yesterday’s trading session, and marked its closure at Rs 43.20.

The company has a good business model and it may soon come out with robust results.

The short term outlook for the stock is good. The stock is good for an investment over a period of 3-4 weeks. The stock has seen a 52-week high of Rs 55 and low of Rs 11.09.

At current market price of Rs 43, the stock has trading with a P/E of 15.65.

Short Term Buy Call For ‘Sical Logistics’

Sical LogisticsStock analyst E Mathew is of the view that Sical Logistics stock will provide hefty gains in the short run.

Presently (11:08 am), the stock is trading 7.51%% up at Rs 262.

Mr. Mathew has suggested investors not to sell Sical Logistics stock before achieving a short term target between Rs 270-290. Traders should use Rs 229 as a stop loss. The stock can be bought in the range of Rs 235-240. Don’t buy it on upper levels.

Sical Logistics has seen a 52-week high of Rs 301.90 on Bombay Stock Exchange. The P/E is 21.28, and EPS stands at Rs 12.31.

Buy Ispat Industries

Ispat Ind.Ashwani Gujral has suggested `Buy` on Ispat industries with a price target of Rs 106 as against current market price of Rs 77 (Dec 14).

This is a short term buy call, and the investors can achieve this target within a period of 4-5 weeks.

The company with huge expansion plans and capital expenditure is growing very sharply. It has big clientele and its strong network is expected to grow exponentially year over year offering sufficient scope for investments.

Bhushan Steel Buy Call

Bhushan SteelAn investment may be considered in the stock of Bhushan Steel, as there are full chances of upside potential in the coming months.

Mr. Ashwani Gujral has given this buy call, and said that the stock is expected to generate handsome returns in medium to long-term.

Investors interested in buying Bhushan Steel, can purchase it between Rs 1450-1500. Investors need not to worry as the stock has great capacity and it has already proved its brilliance in the previous trading sessions.

Buy Hyderabad Industries

Hyderabad Ind.Stock market analyst Rajat K Bose has given an intraday call for Hyderabad Industries.

According to Mr. Rajat, the stock can be purchased with strict stop loss of Rs 233.80 for the target of Rs 247. The maximum target for the day is Rs 254.

The traders can surely achieve this target as the stock market is also trading in the positive mood.

On Bombay Stock Exchange (BSE), the stock has touched 52-week high of Rs 330 with the low of Rs 139. Based on current results, the stock is trading at a P/E of 11.96 and provides an EPS of Rs 21.94.

Pages