This is an intraday call for the day traders who want to make sound profit in today’s trading session.

According to the analysts, TCS can be purchased with the stop loss of Rs 524 to achieve the intraday target of Rs 535. If the stock remains positive then the stock may be purchased for the next intraday target of Rs 547.

Shares of the company, on Tuesday (Feb 10), closed at Rs 524 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 639929. The share price has seen a 52-week high of Rs 1054 and a low of Rs 418 on BSE. The current P/E ratio is 10.92 and EPS is 48 per share.

This is an intraday call for the day traders who want to make sound profit in today’s trading session.

According to the analysts, ICICI Bank can be purchased with the stop loss of Rs 418 to achieve the intraday target of Rs 442. If the stock remains positive then the stock may be purchased for the next intraday target of Rs 450.

Indian Public Sector Undertaking Bharat Earth Movers Limited (BEML), has received an order worth Rs 1672 crore from Bangalore Metro Rail Corp to supply 150 metro rail coaches by October 2010.

In addition, BEML is also likely to get an additional order for 63 Metro coaches for further expansion and extension of proposed Metro lines in the city. The value of order will be about Rs 600 crore.

It may be noted that Bangalore-based Company earlier won an order worth Rs 1365 crore from Delhi Metro Rail Corp to supply rail coaches.

Rain CII Carbon India (RCCIL), a wholly-owned subsidiary of Hyderabad-based cement manufacturer Rain Commodities, has concluded a deal with International Finance Corp (IFC) of the World Bank to sell 850,000 carbon credits.

Under the arrangement, the company will sell all the carbon credits it generates during July 12, 2007 to July 15, 2011.

Last month, Rain Commodities Ltd, producers of calcined petroleum coke and cement has notified that Rain CII Carbon has implemented `Oxygen Lancing' at its Indian calcinations plant.

Karvy Stock Broking Limited has maintained ‘buy’ rating on ACC stock with an intraday target of Rs 535.

According to Karvy, interested traders can purchase the stock between Rs 510-515 with a strict stop loss of Rs 505. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 540.
 

Stock market analysts have suggested investors to ‘sell’ ICICI Bank stock with a target of Rs 397 as the stock is experiencing heavy selling pressure at higher levels.

According to them, interested investors can sell the stock with a strict stop loss of Rs 418.
 
Today (Jan 30), the stock opened at Rs 401, as against its last closure at Rs 408.40 on the Bombay Stock Exchange (BSE) on Thursday (Jan 29). Current EPS & P/E ratio stood at 37.03 and 10.82 respectively. The share price has seen a 52-week high of Rs 1300 and a low of Rs 282.15 on BSE.