Buzzing Stocks

Sell L&T

Karvy Stock Broking Limited has suggested investors to ‘sell’ Larsen & Sell L&TToubro Limited (L&T) stock with a target of Rs 940.

According to Karvy, interested investors can sell the stock between Rs 995-1000 with a strict stop loss of Rs 1025. 
 
Today (Oct 08), the stock opened weak at Rs 974.80, against its last closure at Rs 1008.10 on the Bombay Stock Exchange (BSE) on Tuesday (Oct 07). Current EPS & P/E ratio stood at 39.31 and 24.12 respectively. The share price has seen a 52-week high of Rs 2335 and a low of Rs 994 on BSE. 

Sell DLF

Karvy Stock Broking Limited has suggested investors to ‘sell’ DLF stock with a Sell DLFtarget of Rs 325.

According to Karvy, interested investors can sell the stock around Rs 340 with a strict stop loss of Rs 350. 
 
Today (Oct 03), the stock opened weak at Rs 342, against its last closure at Rs 345.25 on the Bombay Stock Exchange (BSE) on Wednesday (Oct 01). Current EPS & P/E ratio stood at 15.91 and 21.42 respectively. The share price has seen a 52-week high of Rs 1225 and a low of Rs 329 on BSE. 

GE to raise $ 15 billion through stock sales; eyes Warren Buffett & Common Public

GE to raise $ 15 billion through stock sales; eyes Warren Buffett & Common PublicGeneral Electric has revealed its plans to raise at least $15 billion in capital through stock sales to Warren Buffett's Berkshire Hathaway and the public.

According to the terms of the 5-year deal, Buffett's investment vehicle Berkshire Hathaway will buy $3 billion of GE's preferred stock at a guaranteed 10-per cent dividend that are callable by 2011. 

Sell SAIL

Karvy Stock Broking Limited has maintained ‘sell’ rating on Steel Authority Of Sell SAILIndia Limited (SAIL) stock as there are full chances of a downward trend in this stock.

According to Karvy, investors can sell the stock between Rs 129-130 with a strict stop loss of Rs 132 to achieve an intraday target that lies between Rs 120-122. 
  
Karvy feels that SAIL stock would remain under high pressure due to existing market condition. 

Sell State Bank of India

Karvy Stock Broking Limited has maintained ‘sell’ rating on State Bank of India Sell State Bank of India(SBI) stock as there are full chances of a downward trend in this stock.

According to Karvy, investors can sell the stock between Rs 1375-1380 with a strict stop loss of Rs 1400 to achieve an intraday target that lies between Rs 1300-1310. 
  
Karvy feels that SBI stock would remain under high pressure due to existing market condition. 

Reliance Power Intraday Buy Call

Stock market analysts have maintained ‘buy’ rating on Reliance Power Limited Reliance Power Intraday Buy Call(RPL) stock with an intraday target of Rs 168. 

According to them, interested traders can purchase the stock above Rs 166 with a strict stop loss of Rs 164. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 170. 
 
Shares of the company, on Thursday (Sep 25), closed at Rs 164.85 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 3306271. The share price has seen a 52-week high of Rs 377.94 and a low of Rs 116.30 on BSE. 

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