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Thursday 17 April 2014

BSE NSE STOCK EXCHANGE FOR TODAY ON 17,APRIL 2014


HCL Technologies Ltd BSE rose as much as 3.2 per cent in morning trade on Thursday after the IT major reported better-than-expected earnings for quarter ended March 2014 on the back of strong margins. Its net profit grew to Rs 1,624 crore, up 8.5 per cent, from Rs 1,496 crore, in previous quarter. 
 
For 3QFY2014, HCL Tech BSE  1.8 % came out with better than expected set of results largely on all fronts, signaling the likelihood of a stronger year ahead.

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BUY’ Wipro with a target of Rs 600 and a stop loss of Rs 578.

BUY’ TCS with a target of Rs 2,275 and a stop loss of Rs 2,200.

BUY’ Godrej Industries with a target of Rs 335 and a stop loss of Rs 312.

SELL’ Jubilant Food with a target of Rs 950 and a stop loss of Rs 1,077.

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"For 3QFY2014, HCL TechBSE 1.18 % came out with better than expected set of results largely on all fronts, signaling the likelihood of a stronger year ahead," said Angel Broking note.

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