CPI Panel Backs Panel Reports On Suspension

New Delhi: Communist Party of IndiaYesterday, the central committee of the Communist Party

AIA Engineering At 52-Week High

AIA Engineering LimitedToday, AIA Engineering has touched its 52-week high of Rs 1,718. At 12:31 pm, the share is trading at Rs 1,685.50, up Rs 83.95, or 5.24%.
The scrip is trading with volumes of 95,302 shares. Yesterday the share closed after gaining 0.20% or Rs 3.20 at Rs 1,601.55.

Market May Remain Volatile – Ashwani Gujral

Ashwini GujralThe stock market (BSE) has followed the same volatile pattern once more. It remains strong throughout the week, and analysts have suggested a strong resistance level at 14595.
The support for the Sensex is at 14425, and the resistance to the up move at 14526-14540-14584-14594. On the other hand, the support for the Nifty is at 4236 and resistance to the up move at 4286-4290-4322.
According to Ashwani Gujral the Nifty would trade in a higher place at 4,300, before any major rectification kicks in.

No Impact Of JV Deal On Sail Stock Value

In early tradeSteel Authority of India, Steel Authority of India was trading nearly flat at Rs 133.10 after it signed up an memorandum of understanding (MoU) with Manganese Ore India to form a joint venture to manufacture ferro-manganese and silico-manganese.
During the day, the scrip touched a high of Rs 134 and a low of Rs 132.70. The scrip has had its 52-week high of Rs 149.95 on 28 May 2007 and a 52-week low of Rs 64.25 on 24 July 2006.

Jai Parabolic Springs Advances On Merger Approval

Jai Parabolic Jai Parabolic Springs Ltd.Springs Ltd. climbed up by its maximum daily limit of 5 percent to 29.50 rupees as the board okayed its merger deal with Jamna Auto Industries. The company made the declaration in trading hours. The scrip had touched its intraday low of Rs 28 during the day.
Today, about 16,712 shares were traded in the scrip. In the past one quarter, the stock had an average daily volume of 11,212 shares. At its existing price of Rs 29.50, the scrip trades at a PE multiple of 10.13, based on year ended March 2007 EPS of Rs 2.91.

Q1 Results Raise Market Expectations – Abhay Aima

Market Analyst Abhay AimaAccording to market analyst Abhay Aima that markets will t

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News in Focus

LG Electronics India Share Price Target at Rs 2,080: Motilal Oswal

Motilal Oswal has reiterated a BUY rating on LG Electronics India with a target of Rs 2,080 against a current price of Rs 1,711, implying roughly 22 percent of upside.

Shriram Finance Share Price Target at Rs 1,220: Motilal Oswal

Motilal Oswal has reiterated a BUY rating on Shriram Finance with a target of Rs 1,220 against a current price of Rs 972, implying roughly 26 percent of upside.

Kotak Mahindra Bank Share Price Target at Rs 500: Prabhudas Lilladher

Prabhudas Lilladher has retained a BUY rating on Kotak Mahindra Bank and nudged its target price up to Rs 500 from Rs 480, against a current price of Rs 417 — implying roughly 20 percent of upside.

Coforge Share Price Target at Rs 1,980: Axis Securities

Axis Securities has issued a BUY call on Coforge in its latest Axis PUNCH idea, setting a three-to-six-month target of Rs 1,980 against a current price of Rs 1,800 — a tactical upside of about 10 p

Krafton to Invest Another $250 Million in India, Betting on Artificial Intelligence and Robotics

South Korean Krafton, best known as the publisher of PUBG and Battlegrounds Mobile India (BGMI), has announced plans to invest an additional $250 million in the Indian market over the next three to