Five Stocks To Buy Today: SBI, TCS, Zen Tech Among Others

Investment experts have recommended five stocks to buy on Tuesday, including State Bank Of India Ltd., Tata Consultancy Services Ltd., Zen Technologies Ltd., Bharat Dynamics Ltd., and Dhanuka Agritech Ltd.. These recommendations come from Ruchit Jain, Vice President of Equity Technical Research at Wealth Management, Motilal Oswal Financial Services Ltd, and Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher.

Ruchit Jain suggests buying Bharat Dynamics at a current market price, with a stop loss of Rs 1,890 and a target price of Rs 2,050. Out of 10 analysts tracking the company, five maintain a 'buy' rating, four recommend a 'hold,' and one suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an downside of 7.2%

He also recommends SBI, at current market price with a stop loss of Rs 800, and target price of Rs 855. Out of 50 analysts tracking the company, 40 maintain a 'buy' rating, nine recommend a 'hold,' and one suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 13.7%

Additionally, Jain advises purchasing Dhanuka Agri with a stop loss of Rs 1,690 and a target price of Rs 1,850. Out of 10 analysts tracking the company, nine maintain a 'buy' rating and one recommend a 'hold,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 8.1%

Vaishali Parekh recommends buying TCS at current market price with a stop loss of Rs 3,300 and a target price of Rs 3,800. Out of 50 analysts tracking the company, 36 maintain a 'buy' rating, 11 recommend a 'hold,' and three suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 9.4%

She also suggests Zen Tech at current market price with a stop loss of Rs 1,900, and a target price of Rs 2,060. Out of five analysts tracking the company, four maintain a 'buy' rating and one recommend a 'hold,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 9.4%