Five Stocks To Buy Today: Infosys, HUL, Torrent Pharma, Indian Oil Corp And More

Infosys Ltd., Hindustan Unilever Ltd., Torrent Pharmaceutical Ltd., Indian Oil Corp., and Welspun Living Ltd., are among stocks with 'buy' recommendation on Monday.

Investment experts Vaishali Parekh from Prabhudas Lilladher; Kunal Rambhia, fund manager from The Streets; Gaurav Sharma from Globe Capital; and Chandan Taparia from Motilal Oswal Financial Services Ltd. shared their insights with NDTV Profit.

Parekh, vice president, technical research at Prabhudas Lilladher, recommends buying Infosys at the current market price with a stop loss at Rs 1,620 and a target of Rs 1,680. Out of 49 analysts tracking the company, 34 maintain a 'buy' rating, 13 recommend a 'hold' and two suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 2.9%.

Parekh also recommended buying Welspun Living at the current market price with a stop loss at Rs 140 and a target of Rs 153. Out of 10 analysts tracking the company, six maintain a 'buy' rating and four recommend a 'hold', according to Bloomberg data. The average 12-month consensus price target implies an upside of 22.2%.

Kunal Rambhia, fund manager and trading strategist at The Streets, recommends buying HUL at current market price with a stoploss at Rs 2,300 and a target of Rs 2,450. Out of 44 analysts tracking the company, 28 maintain a 'buy' rating, 12 recommend a 'hold' and four suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 8.1%.

Gaurav Sharma, associate vice president and head of research (equity, commodity and currency) at Globe Capital has advised buying Torrent Pharmaceuticals at the current market price with a stop loss at Rs 3,280 and a target price of Rs 3,520. Out of 32 analysts tracking the company, 18 maintain a 'buy' rating, 10 recommend a 'hold' and four suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 7.6%.

Chandan Taparia, head- technical and derivatives research at Motilal Oswal recommends buying Indian Oil Corp. at the current market price with a stop loss at Rs 146 and a target of Rs 164. Out of 35 analysts tracking the company, 23 maintain a 'buy' rating, six recommend a 'hold' and six suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 4.7%.

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.