Buy, Sell, Or Hold? Brijesh Ail Recommends Ceat, Pradeep Phosphate, And Ashok Leyland

Brijesh Ail, Head of Technical and Derivatives at Retail Research IDBI Cap, has shared his latest stock recommendations. He advises buying shares of Ceat Ltd., Pradeep Phosphate Ltd., and Ashok Leyland Ltd., providing specific target prices and stop-loss levels for each.

Brijesh Ail recommends buying Ceat with a target price of Rs 4,050 and a stop-loss at Rs 3,850. Ceat Ltd. is a leading Indian tire manufacturer, known for producing a wide range of tires for various vehicles, including two-wheelers, cars, trucks, and buses. The company has a strong market presence and is recognized for its innovation and quality.

For Pradeep Phosphate, Ail suggests a buy with a target of Rs 178 and a stop-loss at Rs 166. Pradeep Phosphate is involved in the production and marketing of fertilizers and industrial chemicals. The company plays a crucial role in the agricultural sector, providing essential nutrients to enhance crop productivity.

Ail also recommends buying Ashok Leyland with a target price of Rs 260 and a stop-loss at Rs 249. Ashok Leyland is one of India's largest commercial vehicle manufacturers, producing a range of products including trucks, buses, and defense vehicles. The company is known for its robust engineering and significant contribution to the transportation sector.