Buy STC, Hexaware Tech, PFC: SP Tulsian

Buy STC with a day target of Rs 300 and stop loss of Rs 286. This stock is given a buy call because momentum is seen in all PSU stocks which are due for delisting or stake sell by the government and trading momentum is seen highest in this stock, as also the stock looks cheaper when compared with the fundamentals of MMTC.

Buy Hexaware Technologies with a day target of Rs 123 and stop loss of Rs 118. The stock has witnessed value buying yesterday from the informed circle on the hopes of early stake sell by the promoters and that looks to me a near-term trigger and hence a buy call.

Buy PFC with a day target of Rs 192 and stop loss of Rs 184. Buy call has been given because the company has posted very good numbers with EPS of Rs 7.36 for quarter one against Rs 5.36 posted for the similar quarter in the previous year recording a growth of 30% in the bottom-line.

Sell GMR Infra with a day target of Rs 21.50 and stop loss of Rs 23. The sell call has been given on the stock ahead of its Q1 numbers which are likely to be seen quite bad because of the rise in the interest costs as also the dull numbers having posted by one of its peers yesterday and hence a sell call.