Moser Baer Buy Call

Submitted by Sarika Valecha on Mon, 01/28/2008 - 07:06

Moser Baer is looking strong to be purchased for intraday dealings in today’s session.
Stock analysts have suggested day traders to buy the stock with stop loss of Rs 224 to achieve an intraday target of Rs 241.

The stock price can see more perfection up to Rs 251, if the stock market remains positive today.

On Friday, the stock closed at Rs 231.30. The outlook still looks positive. It has touched a 52-week of Rs 344.8 and a low of Rs 177 on BSE.

The company will continue its endeavors to provide innovative plans and unmatched services to its clients’.

Moser Baer India Ltd has announced that the company’s board meeting will be held on January 31, 2008, inter alia, to consider and take on record the Un-audited quarterly financial results of the Company for the quarter ended on December 31, 2007 (Q3).
On Jan 15, 2008, five employees of the Company have exercised 21100 Stock Options and 10550 Bonus Options, convertible into equal number of Equity Shares, on 11th January, 2008, in terms of the Employee Stock Option Plan 2004 of the Company.

Other stocks from the same sector, which looks good for medium term investing includes HCL Info, CMC and D-Link (India).


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