Stock market analysts have maintained 'buy' rating on India Glycols Ltd with an intraday target of Rs 140.

According to them, interested traders can purchase the stock around Rs 136 with a strict stop loss of Rs 130. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 142.

Shares of the company, on Tuesday (Oct 27), closed at Rs 136.95 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 172.40 and a low of Rs 41.55 on BSE.

Stock market analysts are of the view that investors can sell Biocon Ltd stock with a target price between Rs 250-245.

According to them, investors can sell the stock below Rs 253 with a strict stop loss of Rs 257.

If the stock fell below Rs 240, it may see more weakness.

Today (Oct 28), the stock opened at Rs 256 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 7.91 and 32.49 respectively. The share price has seen a 52-week high of Rs 284.40 and a low of Rs 86.55 on BSE.

Stock market analysts have maintained 'Sell' rating on Tata Steel to achieve a target that lies between Rs 540-530 today.

The investors are advised to sell the stock to avoid loss, as there are full chances of a downward trend in this stock in today's session.

If the stock fell below Rs 526, it may see more weakness.

According to analysts, investors can sell the stock below Rs 545 with a strict stop loss of Rs 552.

After selling the stock in today's session, the interested investors can enter the stock again, but only on declines.

Saw pipe maker Welspun-Gujarat Stahl Rohren has registered a net profit of Rs 140 crore for the second quarter ended September 30, 2009, up 114% against Rs 65 crore in the corresponding quarter previous fiscal.

Further, company’s total income grew up by 21% to Rs 1816 crore for the quarter ended September 30, 2009 as against Rs 1497 crore for the quarter ended September 30, 2008

However, its sales rose to Rs 2173 crore in the latest quarter ended September 30, against Rs 1493 crore in the same quarter previous fiscal.

It should be noted that the stock of Welspun Gujarat had outperformed the market over the past one month till 23 October 2009, rising 5.40% as compared to the Sens*x 0.55% rise. The stock closed today at Rs 283 on BSE, up 1.20% compared to its previous close.

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