3 days Ago By Neha Aravind
Polycab India Ltd., Eicher Motors Ltd., Trent Ltd.
, Bharat Dynamics Ltd. and Patanjali Foods Ltd. are among stocks with 'buy' calls from analysts on Thursday.
Milan Vaishnav, CMT, MSTA, founder and technical analyst at Gemstone Equity Research, Ravi Singh, senior vice-president of retail research at Religare Broking, and Chandan Taparia, head of technical and derivatives research at Motilal Oswal Financial Services Ltd., shared their views on the above-mentioned scrips with NDTV Profit.Stock Market Live: GIFT Nifty Implies Higher Open; Angel One, Wipro, Lupin, Paytm Share Prices In FocusPolycab IndiaVaishnav recommends buying the stock above Rs 5,300, with a target price of Rs 5,550 and a stop loss at Rs 5,180.
Over the past 12 months, the stock has lost 0.57%, while year-to-date it has fallen 27.13%.
According to Bloomberg, 32 analysts are tracking the stock; 25 rate it a 'buy,' three a 'hold' and four a 'sell'. The consensus 12-month target price is Rs 6,841.79, indicating a potential upside of 29.
1%.Stock Market Live: GIFT Nifty Implies Higher Open; Angel One, Wipro, Lupin, Paytm Share Prices In FocusEicher MotorsTaparia has suggested buying the stock at a target price of Rs 5,870 and a stop loss of Rs 5,490. The stock has risen by 29.
06% in the last 12 months and by 16.46% so far this year.As per Bloomberg data, 40 analysts are covering the stock, with 20 assigning a 'buy' rating, 13 'hold' and seven 'sell'.
The 12-month analysts' consensus target is Rs 5,453.95, offering an expected downside of 2.9%.
Stock Recommendations Today: Wipro, Adani Ports, Angel One, Bharti Airtel, IndiGo On Brokerages' RadarTrentSingh has a 'buy' call on the stock with a target price of Rs 5,250 and a stop loss at Rs 4,900. It has gained 23.2% in the last 12 months and lost 29.
31% year-to-date. Bloomberg shows that 24 analysts cover the stock: 17 rate it 'buy,' three suggest 'hold' and four recommend 'sell'. The consensus 12-month target price of Rs 6,178.
65 implies a potential upside of 22.7%.Bharat Dynamics Vaishnav recommends purchasing the stock above Rs 1,400 with a target of Rs 1,560 and a stop loss at Rs 1,340.
Over the past year, the stock has risen 54.61%, and in the year-to-date period, it has gained 24.62%.
Of the nine analysts tracking the stock as per Bloomberg, five recommend a 'buy', three suggest 'hold' and one advocates 'sell'. The consensus target for the next 12 months is Rs 1,344.5, implying a potential loss of 3.
9%.Stock Market Today: All You Need To Know Going Into Trade On April 17Patanjali Taparia advises buying the stock with a target price of Rs 1,935 and stop loss at Rs 2,130. The stock has shown a 42.
42% uptick in the past 12 months and 12.28% year-to-date. All four analysts covering the stock on Bloomberg maintain a 'buy'.
Analysts' consensus for the next 12 months sets the target at Rs 2,047.5, suggesting an upside of 2.3%.
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. Asian Stocks, Dollar Dip As Powell Dashes ‘Fed Put’ Hope: Markets Wrap.
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