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Technical View:: Nifty, Tata Steel, JSW Steel, PNB & Bata India

Posted on: January 1st 2013 in Techinicals Breakouts NSE BSE.

Click on image to enlarge. Nifty: Technically Nifty does look strong and is in a long term uptrend. After recent rally, nifty has been consolidating in the 5950-5820 zone since last week of November. A close below 5820 could take nifty to lower levels of 5700-5750 where again strong sup…

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Stocks in news: IndusInd Bank, Ranbaxy, Sun Pharma, PTC

Posted on: August 12th 2009 in Market News.

Alert: June IIP data today RIL-NTPC gas dispute: from agencies -RIL files caveat in SC ahead of NTPC appeal -NTPC expected to move SC against Bombay HC ruling in July -Bombay HC allowed RIL to amend plea in gas dispute with NTPC Exclusive: IndusInd Bank -QIP issue closes; raises $10…

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Buy PNB, target of Rs 721: Motilal Oswal

Posted on: May 26th 2009 in Brokerage Recommendations.

Motilal Oswal has maintained its buy rating on Punjab National Bank with a price target of Rs 721 in its report dated May 25, 2009. “Punjab National Bank’s 4QFY09 PAT at Rs 8.7 billion was higher than our estimate of Rs 8.1 billion. We like PNB for its inherent strengths of large…

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Accumulate PNB, target of Rs 682: Prabhudas Lilladher

Posted on: May 25th 2009 in Brokerage Recommendations.

Prabhudas Lilladher has upgraded its rating to accumulate on Punjab National Bank, PNB with a price target of Rs 682 in its report dated May 21, 2009. “Punjab National Bank’s (PNB’s) Q4FY09 PAT grew by 59.2% YoY at Rs 8.66 billion. This was higher than our estimate of Rs 7.1 bi…

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Stocks in news: Wockhardt, Jet Air, Suzlon, Future Cap

Posted on: April 1st 2009 in Press Releases.

Here are stocks that are in news today: Wockhardt -To refer company to CDR cell for financial restructuring through ICICI Bank –Annual audit for year ended 2008 to be completed by April 25, 2009 -Alert: Wockhardt’s debt equity ratio at 2.3x as on December …

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