Bangalore-based Mindteck (India) Limited, a global Technology and IT services company, has announced acquisitions of three overseas companies for US$ 9.6 million.

Stock market analyst E Mathew is of the view that the stock of Electrosteel Castings can be purchased around Rs 45 with a stop loss of Rs 40 for achieving a short-term target of Rs 63.

Mr. Mathew also said that the investors can achieve the target within a period of 4-5 weeks. The stock has been recommended after analyzing its last performances.

Mr. Mathew said that the traders can achieve the said target on the back of brilliancy in the stock market.

Orient Global Tamarind Mauritius, a well-known foreign fund, has acquired up nearly 1% stake in private lender Axis Bank on Tuesday for Rs 237.85 crore in open market transactions.

Stock market expert V K Sharma has suggested that Aptech stock can be purchased by day traders in today’s trading session at current price for achieving an intraday target of Rs 170.

If the stock markets remain on positive track, the next intraday target for the day is above Rs 172.

The company’s shares ended positively at Rs 174.30, on Tuesday, on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 448.50 and a low of Rs 139 on BSE.