Value Research

Investors looking for a contrarian buy can consider the stock of Balrampur Chini Mills at current levels. Following a short-term downtrend from the resistance level of ₹55, the stock took support at around ₹40 last week. The stock has a significant long-term support at ₹37-40 levels from where it had reversed higher in late June. Moreover, the stock has repeated the reversal now gaining almost 8 per cent with good volumes on Thursday. This upward reversal is backed by a positive divergence in the daily price rate of change indicator.   The daily relative strength index has entered the neutral region from the negative territory. Taking into consideration the stock’s reversal from a significant long-term support level with bullish momentum, we take a contrarian stance. The stock can extend its rally and reach the price targets of ₹44 and ₹45 in the forthcoming trading sessions. Buy the stock with a stop-loss at ₹41.3

Blue Star Infotech Ltd (BSIL) , part of Blue Star group, offers solftware solutions in Digital Transformation and Software Product Engineering with operations in UDA, UK, Europe, Malaysia and Singapore. Company is focused on delivering valued-added and future-proofed software solutions by leveraging emerging technologies and trends while preserving existing investments for gaining competitive advantages. BSIL caters to the IT and software R&D needs of enterprises globally and offers a broad spectrum of services ranging from Application Development and Management, Product engineering, Package Implementation and Testing to emerging areas such as Business Intelligence/Analytics, Mobility and Cloud Computing. Its technology labs for Mobility, Cloud Computing, Analytics and Usability engineering incubate and propagate new methodologies, standards, tools and solutions. BSIL has been delivering consistently good financials:                                  Q  U   A   R   T    E

  India's leading bourse National Stock Exchange of India (NSE) completed 6.25 MW wind power project. Suzlon Group, one of the leading wind turbine manufacturer, was the technical partner for supply and commissioning of the project.   "The project completion is a milestone achievement for NSE and Suzlon since it is India's first stock exchange to deploy wind energy to off-set its captive power usage. 65% of the energy consumption of NSE office located at Exchange Plaza building, Bandra-Kurla Complex (BKC), Mumbai will be met by this wind project," Suzlon said.   The project, comprising of 5 units of Suzlon's robust S66, 1250 kW WTGs, will help in reducing ~12,730 tonnes CO2 emissions annually. The wind energy project is located at Satara, Maharashtra.   Keep Close Watch On This Stock Expected Some Positive Move.  

Suprajit Engineering, a manufacturer of two wheeler control cable, on Thursday acquired 51% stake in the fully paid up equity share capital of Phoenix Lamps. The board has appointed K Ajith Kumar Rai and Mohan N S, as nominee directors on the board of Phoenix Lamps with effect from June 18, 2015.The company further report that the Open Offer related activities are progressing as per plan.     Suprajit Engineering, a manufacturer of two wheeler control cable, announced trial and testing of few critical equipments at its new Sanand plant at CHARAL Industrial Estate, Gujarat. The building activities are at advanced stage of completion. Investor With Short Term Prespective Can Consider Buying The Stock Of Voltas At Current Levels With Short Term Target 180 To 200

  Buy At Around 387 Some Big Moves Expected Target 460 In Coming Days