Nirmal Bang has maintained its ‘Buy’ rating on Alok Industries to achieve a target of Rs 19.40 within 1-5 days.
Traders can buy the stock on dips with a stop loss of Rs 13.
Shares of the company, on Monday (April 13), closed at Rs 198.25 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 2.83 and 5.50 respectively. The share price has seen a 52-week high of Rs 66.34 and a low of Rs 11.33 on BSE.
Nirmal Bang Research is bullish on State Bank of India (SBI) and maintained ‘Buy’ rating on the stock to achieve a target of Rs 1265.
Traders can buy the stock on dips with a stop loss of Rs 1240.
Shares of the company, on Monday (April 13), closed at Rs 1217.90 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 130.14 and 9.51 respectively. The share price has seen a 52-week high of Rs 1840 and a low of Rs 894 on BSE.
Company is the largest manufacturer of cigarettes in India. It is a member of BAT Group of UK. ITC is rated among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes magazine, among India's Most Respected Companies by BusinessWorld and among India's Most Valuable Companies by Business Today. ITC ranks among India's "10 Most Valuable (Company) Brands", in a study conducted by Brand Finance and published by the Economic Times. ITC also ranks among Asia's 50 best performing companies compiled by Business Week.