Stock market analyst Ashwani Gujral is of the view that Everonn Systems India is looking strong to zoom in the coming weeks. Interested investors can buy the stock on declines with a stop loss of Rs 780-800. The price target for this counter is Rs 1200-1400.

At National Stock Exchange, the stock of the company has touched 52-week high of Rs 1,011 and a low of Rs 245. The company has earned a net profit of Rs 4 crore for year ending March 2007, and Rs 2 crore for quarter ending September 2007. Yesterday (27 Dec), the stock marked its closure at Rs 919 on National Stock Exchange. The total volume of share traded was 379868 on NSE.

Stock market analyst E Mathew has suggested investors to purchase ‘CMC’ stock to achi

Indian Stocks markets ended the day with marginal gains. BSE Sensex touched a high of 20,323 but ended the day with gain of 24 points at 20,216. NSE Nifty also gained 11 points to close at 6081.

Bank of India has announced that the bank will raise money through Qualified Institutional Placement (QIP) of shares to meet credit requirement ahead of Basel II implementation.

Technical Analyst Hitendra Vasudeo (stockmechanics.com) has suggested to buy Shipping Corporation of India to be sold on Monday (31 Dec).

The delivery call has been given as the stock has performed well from last few weeks.

Mr. Vasudeo has suggested investors to buy the stock above Rs 282 with a strict stop loss of Rs 244 for achieving a target between Rs 355- 473.

Today the stock has gained above 9.84% at Rs 284 up till now (12:40 pm), and it is expected to touch this level in the said time period. The stock still has good potential.

Stock Market Analyst Hitendra Vasudeo of stockmechanics.com has suggested day traders to buy Sujana Towers stock to achieve a target of Rs 229. The traders should use Rs 197 as stop loss.

Presently (12:15 pm), Sujana Tower stock is trading 1.67% up at Rs 201 on BSE. There are full chances of an upside potential today. The stock has shown a decent rise in previous trading sessions, and a 52-week high of Rs 209.50 on BSE.

The Sujana Group will invest Rs 2.5 billion in a year to capture 10% of the total tower manufacturing market across the country.