Stocks Market Live tips From Experts For Today, 5 August 2014

Marico hits record high post June quarter results

The stock hit a record high of Rs 295, surged 15% in intra-day trade on National Stock Exchange.

Petronet LNG dips on disappointing Q1 results

The stock dipped 5% to Rs 172 after reporting a 30% yoy decline in net profit at Rs 157 crore for the quarter ended June 30, 2014.

SRF zooms 17% as Q1 profit doubles

The board approved a capex plan of Rs 113 crore and also approved an interim dividend at the rate of 50% amounting to Rs 5 per share.

About 700 listed firms vanish from regional exchanges

List of disappearing entities could see additions, for first time in 20 years

Under-owned FII scrips could be the next big hit

However, FII holding in most good quality large cap companies is close to peak level.

Marico hits 52-week high on expansion plans:

Marico Ltd rallied as much as 14.7 per cent in trade on Tuesday to hit its fresh 52-week high of Rs 294.45, after the FMCG firm said that it is aiming to double its sales in the next four years with emerging markets of Asia and Africa expected to be lead the growth, with focus on key categories including hair, food and wellness.

At 09:45 a.m.; Marico was trading 12.5 per cent higher at Rs 288.85. It hit a low of Rs 258 and a high of Rs 294.45 in trade today. 

 Intraday Tips For Today Recommendation:

• ''BUY'' Aditya Birla Nuv target of Rs 1500 and a stop loss of Rs 1444.
• ''BUY'' United Spirits target of Rs 2500 and a stop loss of Rs 2370.
• ''BUY'' Thomas Cook target of Rs 150 and a stop loss of Rs 134
• ''SELL'' Syndicate Bank target of Rs 125 and a stop loss of Rs 139.