Analysts and brokerages have ‘buy’ recommendations for CESC Ltd., Emami Ltd., HEG Ltd., Tata Communications Ltd., and RVNL Ltd. this Thursday.
Adlytick.in Founder and Multi Asset Research Analyst Aditya Arora, Nirmal Bang Institution’s Technical Assistant Vice President Swati Hotkar, and Religare Broking Research Senior Vice President Ajit Mishra shared their views on the counters.
Get more stock recommendations here.
CESC
Arora recommended a buy for the stock. The target price for the stock is Rs 175, which implied 3.6% upside from Wednesday’s closing price. The stop loss for the stock is Rs 163.50 apiece.
Out of 10 analysts tracking the company, eight maintain a ‘buy’ rating, one recommends a ‘hold’ and one suggests to ‘sell’, according to Bloomberg data. The average 12-month consensus price target implies an upside of 20.0%.
Emami
Arora recommended a buy for the stock. The target price for Emami Ltd. is Rs 619, which implied 4.7% upside from Wednesday’s close. The stop loss is at Rs 570 apiece.
Out of 28 analysts tracking the company, 22 maintain a ‘buy’ rating, five recommend a ‘hold’ and one suggests to ‘sell’, according to Bloomberg data. The average 12-month consensus price target implies an upside of 22.8%.
Tata Communications
Nirmal Bang’s Swati Hotkar recommended a buy for the counter. The target price is Rs 1,740, which implied 3.3% upside from Wednesday’s closing price. The stop loss for the stock is Rs 1,650.
Out of eight analysts tracking the company, five maintain a ‘buy’ rating, one recommends a ‘hold’ and two suggest ‘sell’, according to Bloomberg data. The average 12-month consensus price target implies a downside of 2.9%.
HEG
Hotkar suggested a buy for HEG stock. The target price range for the counter is Rs 550–560 apiece, which implied upside of 7.3% from Wednesday’s closing price. The stop loss for the stock is Rs 505.
Out of three analysts tracking the company, two maintain a ‘buy’ rating, and one recommends a ‘hold’, according to Bloomberg data.
RVNL
Mishra suggested a ‘buy’ for Rail Vikas Nigam Ltd. The target price for the stock is Rs 458, which implied a 6.2% upside from Wednesday’s close. The stop loss is at Rs 415 apiece.
Out of three analysts tracking the company, one maintains a ‘buy’ rating, and two suggest ‘sell’, according to Bloomberg data. The average 12-month consensus price target implies an upside of 49.8%.
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.
. Read more on Markets by NDTV Profit.For Thursday’s session, analysts chose stocks from rail infrastructure, communications, electricity distributor and consumer sectors. Read MoreMarkets, Business, Notifications
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