Recommendation: BUY Current Market Price: Rs 282.05 Entry Band: 283 - 275 Target: Rs 312 Stop-Loss: Rs 268 Time Horizon: 1 to 2 weeks Technical Analysis: Videocon Industries is exhibiting bullish trend by making higher tops and higher bottoms since making a low of Rs 184.60, which is a bullish Dow...

SMC global has recommended Electrotherm India stock from the fundamental perspective. Investment rationale The  company  has  completed  the  Blast  Furnace expansion  project  increasing  the  capacity  to 2,00,000 tons per annum and expanded the DI Pipe distribution and marketing  network ...

SMC Global has recommended Kalindee Rail Nirman (Engineers) stock from the fundamental perspective. Investment rationale The company has  received a contract  for Rs 1.8 billion from  Talwandi  Sabo  Power ,  Punjab,  a Vedanta Group  Co  for  their  railway  siding  and  linkage  project ...

Marico is a leading FMCG Indian company with the product portfolio in Hair care,  Skin Care and Healthy Foods  segments. Marico markets well-known brands such as Parachute, Saffola, Sweekar, Hair & Care, Nihar, Shanti, Mediker, Revive, Manjal, Kaya, Aromatic, Fiancee, HairCode, Caivil, Code 10...

Broking firm ICICI Securities has recommended Jagran Prakashan  as stock pick of the week with three-month target price of Rs 153 (potential upside: 10% ) as against current market price (CMP) of Rs 139. Technical Outlook A look at the weekly price chart of Jagran Prakashan shows that the stock has...

Broking house Motilal Oswal Financial has suggested these stocks for mid-term picks. BHEL Recommendation: Buy Market Price: Rs 2,468 Target Price: Rs 2,934 CAGR IN earnings and revenue may be 22% and 24%,. After expansion, BHEL’s capacity will be on par with its Chinese and Korean counterparts, giving...

Bedmutha Industries Business Overview Bedmutha Industries Ltd is one of the leading steel wire manufacturers in western India located in Nashik. Bedmutha operate four manufacturing units in and around Nashik and they are strategically located in proximity to the source of raw materials and markets ensuring...

Sea TV Network Ltd Business Overview Sea TV Network Ltd is an Agra (U.P) based company engaged in providing services of a Multi System Operator (MSO) to various Local Cable TV operators of Agra and adjoining areas. Sea TV has its own local channels, programmes of which are produced by its own production...

Ashoka Buildcon Limited Business Overview Ashoka Buildcon Limited is a Nashik, Maharashtra based construction company involve in the business of building and operating roads and bridges in India. Ashoka Buildcon is the operator of highest number of toll-based BOT (build, operate and transfer) projects...

Tecpro Systems Ltd Business Overview Tecpro Systems Ltd is an established material handling company in India, engaged in providing turnkey solutions in material handling, ash handling, balance of plant (”BoP”) and engineering, procurementand construction (”EPC”) contracts. Tecpro...