Despite the global downturn having delivered harsh blows to the industrial output in India - with the figures dropping for the third time in five months during February to 1.2 percent, and a rather drab March quarter - analysts are hopeful that the industrial revival might just be round the corner!
Nirmal Bang has maintained its ‘Buy’ rating on Adlabs Films Limited to achieve a target between Rs 230-270 within 1-5 days.
Traders can buy the stock on dips with a stop loss of Rs 182.
Shares of the company, on Wednesday (April 08), closed at Rs 198.25 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 789.50 and a low of Rs 130.15 on BSE.
The report also said that a big move is expected if the stock maintains above Rs208.
Nirmal Bang Research is bullish on Balaji Telefilms and maintained ‘Buy’ rating on the stock to achieve a target between Rs 51-57 within 1-5 days.
Traders can buy the stock with a stop loss of Rs 35.
Shares of the company, on Wednesday (April 08), closed at Rs 39.70 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 10.02 and 4.12 respectively. The share price has seen a 52-week high of Rs 221.70 and a low of Rs 24.80 on BSE.
Nirmal Bang has maintained its ‘Buy’ rating on Essar Shipping Ports & Logistics stock to achieve a target between Rs 48 within 1-5 days.
Traders can buy the stock on dips with a stop loss of Rs 42.
Shares of the company, on Monday (April 06), closed at Rs 40.30 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 4.03 and 10.45 respectively. The share price has seen a 52-week high of Rs 187.85 and a low of Rs 19.40 on BSE.
The report also said that a big move is expected if the stock maintains above 42.