Emkay has maintained ‘Buy’ rating on Punj Lloyd stock with a long term target of Rs 414.

According to Emkay, interested investors can purchase the stock on declines with a strict stop loss of Rs 265.

Shares of the company, on Thursday (July 31), closed at Rs 269.10 on the Bombay Stock Exchange (BSE). Current EPS and PE Ratio stood at 7.30 and 36.88 respectively. The share price has seen a 52-week high of Rs 589.10 and a low of Rs 183.20 on BSE.

After opening positively on Thursday (July 31), Indian equities continued to remain volatile all through the day on account of F&O expiry and high inflation figures.

BSE Midcap and Smallcap index closed on a negative note after declining 0.24% and 0.21% respectively.

The majority of Asian stocks climbed up on Thursday, led by mining companies as oil rates surged over $ 4 per barrel on July 30, and metals advanced.

After trading in lethargic manner since the opening bell, the Indian stock market eventually came down and lost 125.54 points to touch the low of 14,161.76.

Sensex continued to trade in negative terrain ahead of inflation declaration.

At 1:13 pm, the BSE Sensex lost 88.64 points at 14198.57, while NSE Nifty stood at 4299.80, 13.45 points.

The market experienced 1,179 advancements, 1,200 declinations while 82 remained unchanged.

Stock market analysts have maintained ‘buy’ rating on Suzlon Energy stock with an intraday target of Rs 227.

According to them, interested traders can purchase the stock above Rs 219 with a strict stop loss of Rs 215. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 228.
 
Shares of the company, on Wednesday (July 30), closed at Rs 218.80 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1582826. Current EPS and PE Ratio stood at 8.46 and 26.14 respectively. The share price has seen a 52-week high of Rs 460 and a low of Rs 174.50 on BSE.

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Jindal Stainless stock with an intraday target of Rs 134.

According to Karvy, day traders can purchase the stock between Rs 126-128 with a strict stop loss of Rs 125. The stock pricing becomes more attractive, and reach above Rs 135, if the stock market remains on positive track.

Shares of the company, on Wednesday (July 30), closed at Rs 131.70 on the Bombay Stock Exchange (BSE). Current EPS and PE Ratio stood at 10.73 and 12.50 respectively. The share price has seen a 52-week high of Rs 243.80 and a low of Rs 112 on BSE.

Indian equities rallied by gaining around 500 points on Wednesday (July 30) on account of favorable worldwide signals, encouraging results and sharp buying action in banking, metal, IT and oil stocks.

BSE Midcap and Smallcap index gained 1.68% and 1.41% respectively.

After opening positively at 14,007.32, up 215.78 points, the BSE Sensex soon touched the high of 14,083.80.