Exide Industries Ltd(Buy)
Rs. 159.60 3.70 (2.37%)
The automobile industry is showing good growth and may continue to do so for some for time. As a leading brand in the battery segment, it is poised to show good growth. Its net margins are improving. One can buy the stock with a target of 200.
Development Credit Bank Ltd(Hold)
Rs. 51.60 0.50 (0.98%)
It has been an underperformer as compared to its peers. The stock is likely to move sideways still it manages to cross its first resistance at 65. Once 65 is taken out and sustained on weekly charts, the next level of resistance comes in at 88. Hold with a stop-loss of 45.
Petronet LNG Ltd(Buy)
Rs. 111.15 5.40 (5.11%)
The performance of the utility player has been improving and has shown steady growth trend. Fundamentally, it is trading at a forward PE 15, offering scope of good returns.
Reliance Industries Ltd(Hold)
Rs. 1026.75 25.85 (2.58%)
The stock has seen a sharp bounce-back in the past few trading sessions after underperforming for a long time. Its gas business will boost the results at the consolidated level.
Rs. 159.60 3.70 (2.37%)
The automobile industry is showing good growth and may continue to do so for some for time. As a leading brand in the battery segment, it is poised to show good growth. Its net margins are improving. One can buy the stock with a target of 200.
Development Credit Bank Ltd(Hold)
Rs. 51.60 0.50 (0.98%)
It has been an underperformer as compared to its peers. The stock is likely to move sideways still it manages to cross its first resistance at 65. Once 65 is taken out and sustained on weekly charts, the next level of resistance comes in at 88. Hold with a stop-loss of 45.
Petronet LNG Ltd(Buy)
Rs. 111.15 5.40 (5.11%)
The performance of the utility player has been improving and has shown steady growth trend. Fundamentally, it is trading at a forward PE 15, offering scope of good returns.
Reliance Industries Ltd(Hold)
Rs. 1026.75 25.85 (2.58%)
The stock has seen a sharp bounce-back in the past few trading sessions after underperforming for a long time. Its gas business will boost the results at the consolidated level.
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