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Stocks Futures Tips

Buy Maruti Suzuki – intra day & also for future
At - 1495.25
Tgt – 1506.5 , 1514.25, 1521.30
SL – 1483.75
You can also hold it 10-15 days
Tgt – 1530.10, 1555.50 & more.

Market updates

Tata Consultancy Services Ltd, the Board of Directors of the Company at its meeting held on October 21, 2010, have declared a Second Interim Dividend of Rs. 2/- per equity share of Re. 1/- each of the Company.

Ambuja Cements Ltd has posted a net profit of Rs. 1520.90mn for the quarter ended September 30, 2010 as compared to Rs. 3184.80mn for the quarter ended September 30, 2009. The company’s net profit has tumbled 52.24% at Rs 152.09 crore for the quarter ended September 30, 2010 as compared to Rs 318.48 crore for the quarter ended September 30, 2009. Its total Income has decreased by 5.10% from Rs 1700.39 crore for the September quarter of the FY 2009 to Rs 1613.56 crore for the September quarter of the FY2010. Total Income has increased from Rs. 11323.60mn for the quarter ended September 30, 2009 to Rs. 16187.30mn for the quarter ended September 30, 2010.

Ashoka Buildcon is currently trading at Rs. 321.80, up by 3.30 points or 1.04% from its previous closing of Rs. 318.50 on the BSE. The scrip opened at Rs. 321.70 and has touched a high and low of Rs. 329.90 and Rs. 319.15 respectively. So far 1,42,848 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 362.30 on 14-Oct-2010 and a 52 week low of Rs. 303.05 on 18-Oct-2010

TVS Motor Company Ltd has posted a net profit of Rs. 547.80mn for the quarter ended September 30, 2010 as compared to Rs. 245.50mn for the quarter ended September 30, 2009. Ambuja Cements has reported unaudited results for the third quarter ended September 30, 2010.

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