Karvy Stock Broking Limited has maintained ‘Buy’ rating on Jindal Stainless stock with an intraday target of Rs 134.

According to Karvy, day traders can purchase the stock between Rs 126-128 with a strict stop loss of Rs 125. The stock pricing becomes more attractive, and reach above Rs 135, if the stock market remains on positive track.

Shares of the company, on Wednesday (July 30), closed at Rs 131.70 on the Bombay Stock Exchange (BSE). Current EPS and PE Ratio stood at 10.73 and 12.50 respectively. The share price has seen a 52-week high of Rs 243.80 and a low of Rs 112 on BSE.

Stock market analysts have maintained ‘buy’ rating on Cairn India stock with an intraday target of Rs 233.

According to them, interested traders can purchase the stock around Rs 229 with a strict stop loss of Rs 226.

Shares of the company, on Tuesday (July 29), closed at Rs 228.21 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 20009511. The share price has seen a 52-week high of Rs 342.50 and a low of Rs 134.60 on BSE.

The outlook for the stock is very strong, and it will achieve the target price as the company has strong growth plans and strong operating capabilities.

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Tata Steel stock with an intraday target of Rs 610.

According to Karvy, day traders can purchase the stock above Rs 592 with a strict stop loss of Rs 585. The stock pricing becomes more attractive, and reach above Rs 613, if the stock market remains on positive track.

Shares of the company, on Tuesday (July 29), closed at Rs 584.30 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1667306. Current EPS and PE Ratio stood at 64.14 and 9.64 respectively. The share price has seen a 52-week high of Rs 969.80 and a low of Rs 469.04 on BSE.

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Reliance Communications (RCom) stock with an intraday target of Rs 520.

According to Karvy, day traders can purchase the stock between Rs 495-497 with a strict stop loss of Rs 485. The stock pricing becomes more attractive, and reach above Rs 523, if the stock market remains positive.