Monday, December 02, 2013

Allied Digital Services Ltd, which was strongly only some days back today hit the buyer freeze in the morning trade. One should buy the scrip in all declines as the next target for the scrip would be Rs.31-32, if it is able to cross the hurdle of Rs.22-24. 
BHEL today  touched Rs.160.85, the scrip was recommended in Facebook last week around Rs.147-148, last week. BGR Energy Ltd today touched Rs.117.85, the scrip was repeatedly recommended to be accumulated on all declines. 
Allahabad Bank Ltd today rose to Rs.93.85 before cooling down at Rs.92.50. A list of Non-Performing Asset (NPA) provision coverage, the ratio of provisions made against gross NPA by the association shows that Allahabad Bank and Andhra Bank had a coverage of 74 per cent and 71 per cent as on March 31, 2012, which has fallen to 50 per cent each as on March 31, 2013. Bank of Baroda had a coverage of 80 per cent as on March 31, 2012, which has fallen to 68 per cent as on March 31, 2013, according to the data.