Five Stocks To Buy: Ramky Infra, Kaveri Seeds, Among Others

Leading market experts have recommended five stocks to buy on Thursday. Kunal Rambhia, fund manager and trading strategist at The Streets, and Osho Krishan, chief manager of technical and derivative research at Angel One, have shared their top picks.

Rambhia suggests buying Ramky Infrastructure Ltd. at current market price with a target price of Rs 580 and a stop loss at Rs 555.

He also suggests buying Indian Overseas Bank at current market price, aiming for a target price of Rs 43, with a stop loss at Rs 38.

Kaveri Seed Co. also had 'buy' recommendation from Rambhia at current market price with a target price of Rs 1,225 and a stop loss at Rs 1,150. 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 12.6%.

Osho Krishan advises buying Aster DM Healthcare Ltd. at current market price, with a target price of Rs 608 and a stop loss at Rs 578. Out of 10 analysts tracking the company, nine maintain a 'buy' rating and one recommends a 'hold', according to Bloomberg data. The average 12-month consensus price target implies an upside of 5.2%.

Krishan also recommends buying Vedanta Ltd. at current market price with a target price of Rs 495 and a stop loss at Rs 455. Out of 16 analysts tracking the company, 11 maintain a 'buy' rating, four recommend a 'hold' and one suggests 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 9.7%.

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