Stock market analysts have suggested investors to ‘sell’ State Bank of India (SBI) stock with a target of Rs 1271.

According to them, interested investors can sell the stock between Rs 1295-1300 with a strict stop loss of Rs 1320.
 
Today (Jan 07), the stock opened at Rs 1330.90, against its last closure at Rs 1324.20 on the Bombay Stock Exchange (BSE) on Tuesday (Jan 06). Current EPS & P/E ratio stood at 119.59 and 10.76 respectively. The share price has seen a 52-week high of Rs 23.87.60 and a low of Rs 991.10 on BSE.

Safexpress Pvt Ltd, leader in the Supply Chain and Logistics Industry, has launched its new service ‘Stock2Shelf’, to offer up value added supply chain services to the Malls across India.

This is the first of its kind ‘end-to-end professional mall supply chain service’ in the country for the retail stores inside the malls and is all set to redefine the Mall-Scape. This pioneering end-to-end service addresses the supply chain management needs of key retailers across India in a specialized and competent manner.

Champagne Indage Ltd, India’s oldest & largest wine company, has changed its name to ‘Indage Vintners Ltd’.

Indage Vintners Ltd (IVL) with its new name, plans to bring about various new developments and plans as part of the continuous process of setting up and developing Indage as a top global wine maker, which has its roots firmly in India.

The name change also brings into effect the discontinuance of the term ‘Champagne’ to respect IPR rights as part of the business’s merger into the worldwide trading community.

AirLive, one of the most advance and universal brands for networking and communication equipments, has made announcement about the launching of its 2 latest additions, including WL-5470POE and WH-5420CPE to their awards winning Access Points, featuring AirLive new Clear Signal Technology, an anti-interference filter that makes a clear signal transmission for a stronger signal coverage.

TRENDnet, a best-in-class wired and wireless networking hardware brand, has rolled out a knowledge-portal, named TRENDnetTV.com, which is specifically designed to offer networking hardware information to ultimate users, business clients and value added resellers.

TRENDnetTV.com is dedicated to providing a complete range of high-class yet reasonable networking solutions for small tomid-sized business and home users alike.

As per views of Karvy Stock Broking Limited, traders can purchase Reliance Petroleum (RPL) stock around Rs 92 in order to achieve a target of Rs 98 in 1-2 days.

The stop loss for the suggested counter is Rs 88. The stock pricing becomes more attractive, and reach above the said level, if the stock markets remain positive.

On Tuesday (Jan 06), the company’s shares closed at Rs 91.05, down 1.62%, on BSE. The total volume of the shares traded was 9681390. The stock has also seen 52-week high of Rs 259.80 and low of Rs 68.55 on BSE.