For Tuesday’s trading session several recommendations have poured in and experts have highlighted stocks to consider.
Nilesh Jain from Centrum Broking Ltd. suggests buying IRCTC and Ashok Leyland. Aamar Deo Singh from Angel One Ltd. recommends IDBI Bank and ITC. While, Ravi Singh from Religare Broking advises buying Pidilite Industries.
IRCTC
Nilesh Jain, head VP, technical and derivatives research, equity research, at Centrum Broking Ltd., recommends buying IRCTC Ltd. with a target price of Rs 794. The current price of the stock is Rs 764 with a stop loss for this stock at Rs 745.
Out of nine analysts tracking the company, six maintain a ‘buy’ rating and three suggest ‘sell’, according to Bloomberg data. The average 12-month analysts’ consensus price target implies an upside of 0.1%.
Ashok Leyland
Jain also suggests buying Ashok Leyland Ltd., targeting a price of Rs 238. With the current price at Rs 231, stop loss for Ashok Leyland is set at Rs 226.5.
Out of 44 analysts tracking the company, 36 maintain a ‘buy’ rating, four recommend a ‘hold’ and four suggest ‘sell’, according to Bloomberg data. The average 12-month analysts’ consensus price target implies an upside of 9.2%.
IDBI Bank
Aamar Deo Singh, senior vice president, research at Angel One Ltd., advised buying IDBI Bank Ltd. with a target price of Rs 89. The current price of the stock is at Rs 81.65 and the recommended stop loss for IDBI Bank is Rs 75.
ITC Limited
Singh also recommended buying ITC Ltd., aiming for a target price of Rs 459. The current price of the stock is Rs 435 and the stop loss for ITC is Rs 417.
Out of 40 analysts tracking the company, 37 maintain a ‘buy’ rating, one recommends a ‘hold’ and two suggest ‘sell’, according to Bloomberg data. The average 12-month analysts’ consensus price target implies an upside of 15.5%.
Pidilite Industries
Ravi Singh, SVP retail research at Religare Broking, suggests buying Pidilite Industries Ltd. with a target price of Rs 3,145. The current price of the stock is Rs 3,080 and the stop loss for Pidilite Industries is Rs 3,040.
Out of 17 analysts tracking the company, 10 maintain a ‘buy’ rating, two recommend a ‘hold’ and five suggest ‘sell’, according to Bloomberg data. The average 12-month analysts’ consensus price target implies an upside of 4.1%.
Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
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