Market Experts' Stock Recommendations: Buy RVNL, Oracle Financial, Garden Reach

Disclaimer: The views and opinions expressed by the investment advisers are of their own and not of NDTV Profit. NDTV Profit advises readers to consult their financial advisers before investment

Ojha does not see much upside potential to Bajaj Finance Ltd. Traders with medium term horizon can exit the stock. (Photo: Freepik) 

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Stock Market Live: Invest4edu Recommends 'Hold' On Waaree Energies

Dinesh Saney, senior equity research analyst at Invest4edu, recommended a 'hold' call for investors with stake in Waaree Energies Ltd., He noted that it had done well in the fourth quarter.

The topline is consistently growing for last three to four years. Margins are also growing. Debt needs to be observed. Investors can check the debt portion on a half yearly basis, Saney said.

Stock Market Live: Ashika Institutional Equity Suggests 'Buy' Call For Mahindra & Mahindra

Sundar Kewat, technical and derivative analyst of Ashika Institutional Equity, a 'buy'; call on Mahindra & Mahindra to investors. He noted that its weekly time frame on the technical charts looks attractive.

"It is currently into a retesting phase. Once the stock takes out the Rs 3,200 level, then I would not be surprised to see the stock trading at Rs 4,500 levels in the coming quarters," Kewat remarked.

Stock Market Live: Ashika Institutional Equity Recommends 'Hold' On Angel One 

Sundar Kewat, technical and derivative analyst of Ashika Institutional Equity, suggested a 'hold; call on the stock to investors. He noted that the stock had given a good breakout. And that it would be making its new high in two weeks to a month.

He recommended keeping a stoploss at Rs 2,868, which is its 20 Day Moving Average.

Stock Market Live: Kush Bohra Recommends 'Hold' On Zydus Lifesciences

Kush Bohra, technical analyst and founder of kushbohra.com, advised investors to hold stock in Zydus Lifesciences Ltd. for the long term. He noted that profit booking has come about for the stock. He identified Rs 65-66 as a good support zone.

The analyst recommended that investors add the stock again near Rs 70 levels and keep their stoploss near Rs 63.

A good upside is still to be had on the stock. The stock may reach up to Rs 85- Rs 92 in a year, Bohra said.

Stock Market Live: Mehta Equities Gives 'Buy' Call On Canara Bank

Prashant Tapse, financial analyst at Mehta Equities said that now is the right time to start accumulating stake in Canara Bank Ltd. He said that there would be a lot of credit growth in banks due to the Reserve Bank of India consistently increasing liqiudity.

He also spoke about Canara Bank plans to have zero balance accounts for every customer, which would make the Loan book grow faster than deposits. The analyst projected notable growth in the company due to these factors.

Stock Market Live: HSBC Upgrades Dr. Reddy's Labs To Buy

  • HSBC upgraded to Buy with a target price of Rs 1,445, which implied a 15.4%

  • Evolving Market Dynamics for semaglutide and gRevlimid

  • Current supply of semaglutide remains highly constrained versus demand

  • semaglutide opportunity size will expand 2-3x over next 2-4 years

  • Expecting semaglutide launch in early FY27 in Canada, Brazil and India

Stock Market Live: Jefferies Sees 50% Upside For HAL On The Cards

Defence aircraft manufacturing giant Hindustan Aeronautics Ltd. is being awarded order wins at a fast pace, and its cumulated revenue growth is consistently moving towards double-digit growth, said brokerage firm Jefferies in its latest note.

Read the full article here.

Stock Recommendation Live: 5WavesOfficia Recommends Sell Kfin Technologies

Sarvendra Srivastava, global market strategist and researcher at 5WavesOfficial recommended to sell Kfin Technologies. The resistant area is between Rs 1,300 and Rs 1,330. The stock is fairly overbought.

Stock Recommendation Live: Nirmal Bang Gives Rs 1,740 Target Price To Tata Communications

Nirmal Bang's Swati Hotkar recommended a buy for the counter. The target price is Rs 1,740, which implied 3.3% upside from Wednesday's closing price. The stop loss for the stock is Rs 1,650.

Out of eight analysts tracking the company, five maintain a 'buy' rating, one recommends a 'hold' and two suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies a downside of 2.9%.

Stock Recommendation: Sterling & Wilson Renewable Gets Buy From Nirmal Bang 

Nirmal Bang Institutional's Technical Research Assistant Vice President Swati Hotkar received a 'Buy' rating to Sterling & Wilson Renewable Energy Ltd. The target price for the stock is Rs 320. The stop loss for the stock is Rs 290 apiece.

Stock Recommendation Live: Oracle Financial Services Gets Buy From Adlytick.com

Adlytick.in Founder and Multi Asset Research Analyst Aditya Arora recommended a buy for the stock. The target price for the stock is Rs 8,995 apiece, which implied 2.4% upside from current levels. The stop loss is at Rs 8,360 apiece.

Stock Recommendation Live: Hensex Securities Gives Buy To Garden Reach Shipbuilders 

Mahesh Ojha, assistant vice president of research at Hensex Securities said that with two-three horizons people can accumulate stocks on downsides. Ojha suggested to add on downside near Rs 2,800–2,900.

Stock Recommendation Live: RVNL Gets Buy From Religare Broking 

Religare Broking Research Senior Vice President Ajit Mishra suggested a 'buy' for Rail Vikas Nigam Ltd. The target price for the stock is Rs 458, which implied a 6.2% upside from Wednesday's close. The stop loss is at Rs 415 apiece.

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 49.8%

Stock Recommendation Live: CESC Gets Target Price Rs 163.50

Adlytick.in Founder and Multi Asset Research Analyst Aditya Arora recommended a buy for the stock. The target price for the stock is Rs 175, which implied 3.6% upside from Wednesday's closing price. The stop loss for the stock is Rs 163.50 apiece.

Out of 10 analysts tracking the company, eight 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 20.0%

Stock Recommendation Live: Hensex Securities Gives Hold To Hero MotoCorp, Sell To Bajaj Finance

Mahesh Ojha, assistant vice president of research at Hensex Securities recommended a 'hold' for Hero MotoCorp Ltd., and 'sell' to Bajaj Finance Ltd.

Ojha does not see much upside potential to Bajaj Finance Ltd. Traders with medium term horizon can exit the stock.

From a medium to longer-term perspective, Hero MotoCorp has potential for upside near Rs 4,900–5,050 levels, according to Ojha.

Also Read: Stocks To Watch Today: Wipro, Yes Bank, Sun Pharma, Zydus Lifesciences

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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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