STOCK BUZZ

Buy for Dec 31st ( Purvankara, Reliance ) Buy Purvankara >430.1,442,455 Stop Loss 422.9 Buy Reliance >2901.1,2931,2967 Stop Loss 2893.8.

Maruti Suzuki India, facing growing threats to its 50% share of car market, may cut the price of its cheapest car in India to counter Tata Motors`s proposed Rs 100,000 car, reports Business Standard. Suzuki`s cheapest car in India, the Maruti 800, now costs from Rs 192,124 in New Delhi showrooms. Cutting prices may help Maruti Suzuki maintain dominance in its biggest market as the company faces greater competition from Tata and foreign rivals including General Motors and Hyundai Motors. Shares of the company closed down Rs 10.4, or 1.05%, at Rs 984.2. The total volume of shares traded at the BSE was 256,258.

They may well be making Jaguars and Land Rovers soon, but CNBC-TV 18's Indira Kannan reports that the Tatas are eyeing business beyond that in Detroit. The automotive sector will be a major focus area for the Tata group in the United States in 2008 - and that's regardless of the final decision in the sale of Ford's Jaguar and Land Rover units. Tata Motors is widely expected to be named as the preferred bidder in the sale, and the Tatas expect to hear from Ford early in January. But for now, David P Good, Chief Representative, North America, Tata Sons, said, “I'm not going to go beyond what our chairman Mr Tata has said, which is that we've expressed interest, we've made a bid on Jaguar and Land Rover, and I think we're going to leave it at that. We wouldn't be doing it if we didn't think we could do it and do it well.” That last remark may be a dig at the Jaguar dealer who questioned whether American consumers would buy a luxury car from an Indian ...

Buy for Dec 28th ( Crompton greaves, Tata Motors ) Buy Crompton greaves >390.5,398,407 Stop Loss 386.9 Buy TATA Motors > 743.1,754,769 Stop Loss 738.9 .

Recap Tata Motors gave a return of rs 25/- Buy for Dec 27th ( Varun Shipping, Bharat Electronics ) Buy Varun Shipping > 90.55,93,94.45,97.60 sl 86.9 Buy Bharat Electronics >1920.1,1960,2000 sl 1893.9 And here is the rest of it.

Buy for Dec 26th ( Tata Motors, Fortis Healthcare ) Buy Tata Motors >730.1,737.00,743 Stop Loss 726.5 Buy Fortis Healthcare >101.65,104.8, 109.4 Stop Loss 98.7.

Jyothy Laboratories has listed with premium of 29.71% at Rs 895 as against its issue price of Rs 690 on the NSE. MP Ramachandran, CMD, Jyothy Laboratories in an exclusive interview to CNBC-TV18, said Jyothy Lab is looking for higher penetration and volumes. It currently has 73% marketshare in value terms. He said the company will be able to achieve Rs 600 crore revenues in FY09, he said The company had increased prcies of their products in July, with hike in Ujala prices being as much as 10%. Excerpts from CNBC-TV18's exclusive interview with MP Ramachandran: Q: What are your plans for Ujala as a brand and do you see more penetration going forward and the prospect of getting even more market share? A: Yes, the ongoing process is we are expanding the market, we are going for more and more dealer penetration and everyday the consumer base is also increasing. As such, we already have about 73% of market share by value times. But we do expect that by volume times also, we will grow d...