Fairwealth Securities is bullish on Lupin Limited and has maintained 'buy' rating on the stock to attain a target of Rs 450.

The stock of the company, on March 21, closed at Rs 403.75 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 519.80 and a low of Rs 319.80 on BSE.

Current EPS & P/E ratio stood at 19.19 and 21.31 respectively.

According to reports, the prices of cement are likely to go up by about Rs 20 per 50 kilogram bag by the newt month (October 2010) in the state of Gujarat as the end of monsoon rain is quickening construction activity.

Following the news, the shares Binani Cement surged 3.11% to trade at Rs 83 at the Bombay Stock Exchange (BSE) today at 11:59 a. m.

Mahindra Satyam Ltd has surged more than 12 per cent in today’s trading session, a week prior to the revelation of audited financial outcomes for the last two financial years (2008-09) & (2009-10).

Post the buy out of Satyam Computer Services, the Mahindra group had demanded extra time to review financial data in the last financial year (2009-10) and the last fiscal.

The company’s board meeting will take place on the coming Wednesday (29th September).

Mahindra Satyam will re-state accounts in Hyderabad.

Shares of the country's largest auto maker Maruti Suzuki have declined over 10 per cent after it registered a drop of 20% in its quarterly income.

Shares dropped to Rs 1,218 ($26; £17) as against their last closure at Rs 1,358 on Friday.