As per views of technical analyst Mathew Easow, investors can purchase Tanla Solutions stock above Rs 226 to achieve a short term between Rs 260-278.
The stop loss marked for the suggested stock is Rs 214.
Today (Aug 08), the company’s shares opened at Rs 218.45, as against its last closure at Rs 216.15 on Thursday (August 07), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 9.29 and 23.80 respectively. The share price has seen a 52-week high of Rs 410 and a low of Rs 182.10 on BSE.
Zenith Software Limited (ZSL), a part of the multi-million dollar Zenith Group, is planning to expand its Australian operations.
Recently, the company has opened its second office in Australia at Melbourne, which will cater to the Victorian region.
Apart from this, the company also plans to set up a near shore delivery centre in Melbourne with a dedicated technical team to cater to clients in this region and to the International clients by providing them with round the clock development / support and delivery capability.
Stock market analysts have maintained ‘buy’ rating on HCL Technologies stock with an intraday target of Rs 225.
According to them, interested traders can purchase the stock above Rs 221 with a strict stop loss of Rs 217. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 227.