Emkay Shares & Stock is good for intraday trading on Monday. The stock gained around 4% on National Stock Exchange in previous session. The stock closed at Rs 279 on NSE. The trading volume stood at 17,470.

For day traders, the stop loss for Emkay Shares is Rs 273. The first target is Rs 288. If the stock markets remain strong, the stock may touch a new 52-week high.

The stock is trading at a P/E of 49. Emkay Shares has touched a 52-week high of Rs 295.50 on National Stock Exchange.

Emkay recently approved Rs 250 crore QIP issue. The company has planned a board meeting on January 11, 2008.