Market Experts' Stock Recommendations: Buy Godrej Consumer, Yatra Online, Sell Asian Paints Today?

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Stock Recommendation: Nirmal Bang Suggests A Hold On Castrol

Swati Hotkar, assistant vice president of Equity Technical Research of Nirmal Bang suggested a hold call for Castrol India Ltd.

She said the stock is very well placed on the overall moving averages, and recommended that investors hold the stock. "Can see Rs 235-240 as likely levels it will reach in the near term future."

She recommended a stoploss of Rs 215 to book profits.

Stock Recommendation: G Chokkalingam Recommends A Sell On Tata Technologies, Suggests Cyient Instead

Veteran Investor G.Chokkalingam of Equinomics said that Tata Technologies is a "great company" with "quality management" but said that its year-on-year profit growth didn't warrant its high valuation and gave it a sell call.

"Is it a good valuation? Certainly not. For the kind of year-on-year profit growth, it doesn't deserve this valuation," the analyst said.

He recommended Cyient Ltd. in its stead and said he was "quite impressed" by its relative valuation. He also clarified that he did not hold the stock himself.

Stock Recommendation: Nirmal Bang Suggests A Hold On Ion Exchange 

Swati Hotkar, assistant vice president of Equity Technical Research of Nirmal Bang suggested a hold call for Ion Exchange India Ltd.

She said the stock is in a consolidation phase and identified the resistance at Rs 500- Rs 600. A breakout at those levels may give an upside rally which may go up to Rs 670 levels.

"On the downside it has a support of Rs 500, as long as it trades above that level, positive momentum can be seen for the future," the analyst said.

Stock Recommendation: G Chokkalingam Suggests Sell For Suzlon Energy

Veteran Investor G.Chokkalingam of Equinomics recommended that investors sell Suzlon Energy Ltd. due to its stretched valuations and negative outlook on its future growth.

"Suzlon has done well in the last couple of years, it has bounced back but the valuations are extraordinarily stretched for Suzlon," Chokkalingam said.

Stock Recommendation: Religare Broking Recommends A Hold On Trent

Ravi Singh from Religare Broking suggested investors who have stake in Trent Ltd. to hold their positions until the support of Rs 5,400, which he deemed the stoploss at which they should exit.

"It may touch 6,000 levels but it's a risky zone," Singh said.

Stock Recommendation: G Chokkalingam Suggests Buy For ICICI Bank, SBI In Banking Sector

Veteran Investor G.Chokkalingam of Equinomics suggested ICICI Bank Ltd. and State Bank of India as good stocks to invest in when it comes to the banking sector.

"Banking will continue to do well in Fiscal 26, because it is one of the few sectors to show continuous double digit growth in the core business parameter which is credit growth," he said..

Stock Recommendation: Ridham Desai Bets On NBFCs, Large Private Banks

Morgan Stanley India's top equity strategist Ridham Desai said that India is not overvalued. In next 12 months, Desai sees NBFCs, large-private banks, and domestic-focused industries.

Also Read: 'India Not Overvalued' — Ridham Desai Picks Sectors To Bet On

Stock Recommendation Live: Investec Suggests Buy For Yatra Online 

Yatra Online maintained a 'buy' rating with a target price of Rs 155, implying upside of 48.9%. Investec estimated a 36% earnings per share compound annual growth rate from the financial years 2025 to 2028.

Stock Recommendation Live: Globe Capital Suggests Sell For Asian Paints 

Gaurav Sharma, head of research at Globe Capital said that charts are suggesting that there are no signs of reversal coming in. It is trading near its lows, with all the recent peaks being sold off.

Stock Recommendation Live: Anand Rathi Gives Rs 1,430 Target Price For 

Anand Rathi Research gives target price of Rs 1,430 for Godrej Consumer Products Ltd., which implied 14% upside from Monday's close price. Anand Rathi believes that valuation of consumer companies have corrected and performance of most companies are linked to earnings.

Stock Recommendation Live: Motilal Oswal Recommends Buy For CAMS

Motila Oswal Financial Services's Wealth Management Equity Technical Research Vice President Ruchit Jain recommended a 'Buy' for the stock. The target price for the stock is Rs 4,300 apiece, which implied 2.9% upside from Monday's close price.

Stock Market Live: Kush Bohra Recommends Buy For SBFC Bank

Kush Bohra, founder of Kushbohra.com recommended a 'Buy' for the stock. The stock price for the counter is Rs 118 apiece, which implies a 3.5% upside from Monday's closing price. The stop loss for the stock is Rs 111 apiece.

Out of six analysts tracking the company, four maintain a 'buy' rating, one recommends a 'hold', and one suggests to 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 0.2%.

Stock Recommendation Live: MOSL's Ruchit Jain Gives Buy To DLF 

Motilal Oswal Financial Services's Wealth Management Equity Technical Research Vice President Ruchit Jain recommended a 'Buy' for the stock. The target price Rs 835 apiece, which implied 3% upside from Monday's close price. The stop loss is at Rs 795 apiece.

Stock Recommendation Live: Realty Stocks In Focus Ahead Of RBI Policy Meeting 

Realty stocks may positive on expectations of an interest rate cut by the RBI at the policy meeting on June 6th are positively influencing the real estate sector and Mumbai property stamp duty collection hits May record high led by luxury sales, Reliance Securities said.

Hindustan Unilever 

Gaurav Sharma, head of research at Globe Capital recommended a Hold for the stock. Sustaining above Rs 2,400 would be the first trigger. Thereafter, the stock is going to rise till Rs 2,600-odd levels, and further towards Rs 2,700 levels.

Stock Recommendation LIVE: Centrum Broking Suggest Buy For Federal Bank 

Centrum Broking Technical and Derivative Research Head and Vice President Nilesh Jain recommends a Buy for Federal Bank Ltd. The target price for the stock is 216, which implied 4.8% upside from Monday's close price. The stop loss for the stock is Rs 201 apiece.

Out of 43 analysts tracking the company, 35 maintain a 'buy' rating, seven recommend a 'hold,' and one suggests to 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 9.2%.

Mazagon Dock Shipbuilders 

Rajesh Sinha, senior fundamental research analyst at Bonanza recommended a Hold for the stock. The company is a special company in the defence sector, where we have seen decline in prices very significantly. How the execution is going and how the revenue is generated, those are the factors which the defence counter will act on.

Britannia Industries, Maruti Suzuki, Reliance Infrastructure Shares In Focus 

Traders may focus on Britannia Industries Ltd., Maruti Suzuki India Ltd., Reliance Infrastructure Ltd., United Breweries Ltd., and UCO Bank Ltd. shares because of the overnight news flow.

A strike at Britannia Industries' Jhaghadia plant in Gujarat was called off. Maruti Suzuki India Ltd. reported that its total production rose 1.4% on the year. Reliance Infrastructure paid tariff payment as a part of solar power purchase pact. United Breweries closed operations at Mangalore Plant, and UCO Bank appointed a new chief financial officer.

Also Read: Stocks To Watch Today: Adani Enterprises, Maruti Suzuki, HCLTech, Britannia, Grasim Industries

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WRITTEN BY
Ananya Chaudhuri
Ananya Chaudhuri covers financial markets news and trends at NDTV Profit. S... more
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