Stock market analysts have maintained ‘buy’ rating on Satyam Computers stock with an intraday target of Rs 417.

According to them, interested traders can purchase the stock above Rs 413 with a strict stop loss of Rs 410. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 419.
 

Chennai-based

Karvy Stock Broking Limited has maintained ‘buy’ rating on Chambal Fertilizers & Chemicals stock with an intraday target of Rs 92.

According to Karvy, interested traders can purchase the stock between Rs 83-85 with a strict stop loss of Rs 80. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 94.
 

Bangalore-based Biotech major, Biocon Limited has informed that the members at the Annual General Meeting of the Company has finally approved the issue of Bonus Shares in the ratio of one fully paid equity share for every equity share held in the Company.

Further the company has announced that the Board has fixed September 12, 2008 as the record date for determining the eligibility and other conditions pursuant to the aforesaid approval by the members.

Stock market analysts have maintained ‘buy’ rating on Yes Bank stock with an intraday target of Rs 145.

According to them, interested traders can purchase the stock above Rs 143 with a strict stop loss of Rs 140. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 150.
 
Shares of the company, on Monday (Aug 11), closed at Rs 142.50 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 3350978. The share price has seen a 52-week high of Rs 277.80 and a low of Rs 102 on BSE.