Market Experts Stock Recommendations For May 30: Buy, Sell or Hold Today?

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.

Check analysts' recommendations on stocks this Friday. (Photo source: Freepik) 

The NSE Nifty 50 and BSE Sensex traded lower and remained in narrow range for most part of Friday's session. This blog is closed.

Hindustan Aeronautics

Sarvendra Srivastava, a market strategist at 5Waves suggested to wait to buy the stock. The valuations are driven more by sentiment than the fundamentals. The investors who need to enter the stock will have to wait for some time.

As risk-rewards for the stock are no longer that great.

Stock Market Live: Glenmark Pharmaceuticals

Axis Securities Technical and Derivatives Research Senior Vice President Rajesh Palviya recommends a 'buy' for the stock. The target price for the counter is Rs 1,445 apiece, which implied a 2.4% upside from Thursday's close. The stop loss for the stock is Rs 1,387 apiece.

Out of 12 analysts tracking the company, eight maintain a 'buy' rating, three recommend a 'hold' and one suggests to 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 19.1%.

Unimech Aerospace and Manufacturing

Kunal Kamble, senior research analyst at Bonanza Portfolio Ltd recommended a buy on dips strategy for the stock. A dip towards Rs 1,210 levels will be a good buying opportunity, he said. The current outlook for the stock is bullish.

Nykaa & Coromandel International In Focus

FSN E-Commerce Ventures Ltd. and Coromandel International Ltd. are in focus as these stocks will be included to MSCI Global Standard index. MSCI rebalancing will take place on Friday.

Canara Bank Gets Buy From Amit Ventures

The target price for the stock is Rs 120 apiece, which implied a 8% upside from Thursday's close price. The stop loss for the stock is Rs 104.5 apiece.

Paytm

Axis Securities Technical & Derivatives Research Senior Vice President Rajesh Palviya recommended a buy. The target price for the counter is Rs 900, which implied 2.3% upside from Friday's close price. The stop loss for the stock is Rs 865 apiece.

Out of 19 analysts tracking the company, nine maintain a 'buy' rating, seven recommend a 'hold,' and three suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 7.4%

DCB Bank Gets Buy From Centrum Broking 

Centrum Broking Technical & Derivatives Research Head, Assistant Vice President Nilesh Jain recommended a 'Buy' for the stock. The target price for the counter is Rs 152 apiece, which implied 4.6% upside from Thursday's close. The stop loss for the counter is Rs 141 apiece.

Twenty two analysts tracking the company maintain a 'buy' rating, according to Bloomberg data. The average 12-month consensus price target implies an upside of 11.2%.

Bajaj Auto, Mazagon Dock, SJVN, Suzlon Energy, P&G Health Shares In Focus 

Bajaj Auto Ltd., Mazagon Dock Shipbuilders Ltd., SJVN Ltd., Suzlon Energy Ltd., and Procter & Gamble Health Ltd. shares will be in focus in Friday's session because of the fourth-quarter earnings.

Also Read: Stock Market Today: All You Need To Know Going Into Trade On May 30

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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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