Market experts have provided their stock recommendations for Friday, highlighting five promising stocks. Shrikant Chouhan, executive VP and head of equity research at Kotak Securities, and Sneha Seth, senior analyst at Angel One, have shared their insights on which stocks to buy and their respective target and stop-loss levels.
Chouhan recommends buying Eternal Ltd. with a target price of Rs 265 and a stop-loss at Rs 244. Out of 31 analysts tracking the company, 25 maintain a 'buy' rating, two recommend a 'hold' and four suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 10.4%.
Chouhan also suggests buying Biocon Ltd. with a target price of Rs 365 and a stop-loss at Rs 345. Out of 18 analysts tracking the company, 10 maintain a 'buy' rating, three recommend a 'hold' and five suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 7.2%.
Another recommendation from Chouhan is Titan Co., with a target price of Rs 3,650 and a stop-loss at Rs 3,480. Out of 35 analysts tracking the company, 23 maintain a 'buy' rating, seven recommend a 'hold' and five suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 8.1%.
Angel One's Sneha Seth advised buying Wipro Ltd. with a target price of Rs 272 and a stop-loss at Rs 261. Out of 46 analysts tracking the company, nine maintain a 'buy' rating, 16 recommend a 'hold' and 21 suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies a downside 6.9%.
Seth also recommends buying Bharti Airtel Ltd. with a target price of Rs 1,970 and a stop-loss at Rs 1,837. Out of 33 analysts tracking the company, 27 maintain a 'buy' rating, four recommend a 'hold' and two suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 6.9%.
Also Read: Stock Market Today: Nifty Ends Above 25,000; Sensex Jumps Over 1,000 Points As HDFC Bank Leads
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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