Hold Lovable Lingerie To Achieve Target Of Rs 325

Shilpa Mahapatre 24 March 2011

Hold Lovable Lingerie To Achieve Target Of Rs 325Technical analyst Rajesh Agarwal of Eastern Financiers Ltd is bullish on Lovable Lingerie Limited and has maintained 'hold' rating on the stock with a target of Rs 300-325.

Mr. Agarwal said that the stock can achieve the said target in a period 2-3 months.

Women's inner-wear manufacturer Lovable Lingerie debuted on the stock markets today.

The company got listed at a premium of more than 27% on the BSE as compared to the issue price of Rs 205.

Reliance Infra Has Resistance At Rs 710

Neeta Aurora 24 March 2011

Reliance Infra Has Resistance At Rs 710Technical analyst MB Singh is bullish on Reliance Infrastructure Limited and has maintained 'hold' rating on the stock with a target of Rs 850.

Mr. Singh said that the stock has resistance of Rs 710.

The analyst also said that the stock can be purchased with a stop loss of Rs 570.

Today, the stock of the company opened at Rs 639.70 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1225 and a low of Rs 555.15 on BSE.

Current EPS & P/E ratio stood at 31.17 and 20.32 respectively.

Sensex moderately up in noon trade, realty stocks gain

Dalbir Sahota 24 March 2011

Sensex moderately up in noon trade, realty stocks gain Mumbai, March 24 : A benchmark index of Indian equities markets Thursday was ruling moderately higher with gains seen in realty, capital goods and IT stocks.

The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,286.42 points, was ruling at 18,339.43 points, up 133.27 points or 0.73 percent from its previous close at 18,206.16 points.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was trading 0.64 percent higher at 5,515.25 points.

Long Term Buy Call For Axis Bank

Sumeet Kak 24 March 2011

Long Term Buy Call For Axis BankTechnical analyst Anu Jain has maintained 'buy' rating on Axis Bank Limited stock with a target of Rs 1392.

Mr. Singh said that the stock can be purchased with a strict stop loss of Rs 1250.

Today, the stock of the bank opened at Rs 1313.40 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1608 and a low of Rs 1135 on BSE.

Current EPS & P/E ratio stood at 76.44 and 17.30 respectively.

Idea Cellular and Axis Bank made announcement about a mobile-based financial inclusion scheme, 'Idea MyCash', in Mumbai.

Buy Tata Comm With Strict Stop Loss Of Rs 233

Shilpa Mahapatre 24 March 2011

Buy Tata Comm With Strict Stop Loss Of Rs 233Technical analyst Anu Jain has maintained 'buy' rating on Tata Communications Limited stock with targets of Rs 262 and 280.

Mr. Singh said that the stock can be purchased with a strict stop loss of Rs 233.

The stock of the company, on March 23, closed at Rs 245.95 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 354.30 and a low of Rs 195 on BSE.

Current EPS & P/E ratio stood at 1.77 and 135.49 respectively.

Buy IndusInd Bank With Target Of Rs 270

Malini Ranade 24 March 2011

Buy IndusInd Bank With Target Of Rs 270Technical Analyst Anu Jain has maintained 'buy' rating on IndusInd Bank Limited stock with a target of Rs 270.

Mr. Jain said that the stock can be purchased on dips with a stop loss of Rs 247.50.

The stock of the bank, on March 23, closed at Rs 253.95 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 309.30 and a low of Rs 165.40 on BSE.

Current EPS & P/E ratio stood at 10.83 and 23.74 respectively.

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