Stock analysts have maintained ‘buy’ rating on DLF stock with an intraday target of Rs 190.

According to them, interested traders can purchase the stock between Rs 658-662 with a strict stop loss of Rs 175. If the stock market remains positive track, the next target for the day will be above Rs 195.

The company’s shares, on Wednesday (Jan 21), closed at Rs 181 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 2030917. Current EPS & P/E ratio stood at 15.18 and 11.49 respectively. The share price has seen a 52-week high of Rs 1004.70 and a low of Rs 145 on BSE.

Media and entertainment firm Zee Entertainment Enterprises (ZEEL) has announced financial results for the third quarter ended December 2008 reporting 26% decline in its consolidated net profit, which stood at Rs 83.97 crore, as against Rs 113.47 crore for the same quarter, a year ago.

Rising input costs and a slowdown in its advertising revenue growth adversely hit the company’s business for the reporting quarter leading to significant decline in revenue and net profit.
 

MicroWorld, recently announced the release of its eScan 10 antivirus software. It is an antivirus content security and firewall software.

Specifically designed to offer users with better security, the antivirus has been built with lots of proactive technologies and advanced algorithms.

The antivirus comes with a new simplified GUI, which permits even those not familiar with technology to operate the application without any difficulty. The software provides multi-level security with advanced configuration controls for tech savvy users.

After Maruti, Tata Motors formerly known as TELCO (TATA Engineering and Locomotive Company), has started its pre-owned car business in major cities and plans to take it across the country in a phased manner.

A company official stated that the certified pre-owned programme has been started on a pilot basis with 15 dealers in 10 cities and the programme caters to customers willing to exchange their existing cars for new Tata cars.

The cities list includes Mumbai, Delhi, Bangalore, Hyderabad, Chennai, Pune, Ahmedabad, Chandigarh, Ludhiana and Vapi.

Jet Airways, the nation’s largest domestic carrier, has rolled out an affiliate marketing program in the market, as part of the company’s new digital marketing strategy to increase its revenue.

During the announcement, the company said that the program will be managed by Shoogloo Affiliate Marketing.

Under the program, the Jet Airways Affiliate Program provides Affiliate Partners with websites the opportunity to partner one of India’s leading brands, and generate revenues per conversion by promoting the airline’s web sales.

Mumbai-based energy carrier Varun Shipping has informed that it has taken delivery of fourth 2008 built 16,100 BHP Anchor Handling Towing and Supply Vessel (AHTS).

The company will used this for deep sea oil exploration activity going on in areas like North Sea, KG basin and Atlantic Ocean off the coasts of Nigeria, Brazil and Mexico.

With the latest acquisition, the company owns a well diversified fleet of 20 vessels comprising of 11 LPG carriers, 3 double hull aframax crude tankers and 6 anchor handling towing and supply vessels.