Stocks To Buy: Alkem Labs, Pidilite Industries, Anand Rathi, Canara Bank And More

Analysts recommend 'buy' for Alkem Labs, Pidilite Industries, ABFRL, Anand Rathi, Canara Bank and Jindal Saw along with others with up to 12.8% upside.

Kunal Rambhia, founder of the Street, Vaishali Parekh, vice president, Prabhudas Lilladher, Vikas Jain, head of research at Reliance Securities and Vinay Rajani, senior technical and derivative research analyst at HDFC Securities, share their views on these stocks.

Kunal Rambhia, founder of The Street, has recommended buying Anand Rathi for a target of Rs 1,850, implying a 9.2% upside from Thursday's closing price. The recommendation comes with a stop loss of Rs 1,600.

Rambhia has given Canara Bank a 'buy' rating for a target of Rs 90. This implies an upside of 8.5% from Thursday's closing. The stop loss for the stock is Rs 80.

Rambhia has also recommended buying Jindal Saw for a target of Rs 280. This implies that the price could rise about 7.4% from Thursday's closing. The stop loss on the stock is Rs 254.

Vaishali Parekh gives Godavari Power a 'buy' rating for a target of Rs 182. This implies a 5.8% upside from Thursday's prices. The stop loss set for the stock is Rs 167.

Parekh also recommends buying Elgi Equipments for a target of Rs 465. This implies a 4.7% upside from Thursday's closing price. The buy rating comes with a stop loss of Rs 430.

Parekh has also given a 'buy' rating for Dr. Reddy's with a target of Rs 1,160. This implies a 4.5% upside from Thursday's closing price. This recommendation comes with a stop loss of Rs 1,080.

Vikas Jain, head of research at Reliance Securities, has recommended buying Alkem Labs for a target of Rs 5,250. This implies a 11.5% upside from Thursday's close. The stop loss for the counter is Rs 4,400.

Jain also gives Pidilite Industries a 'buy' rating with a target of Rs 3,080. This implies a 12.8% upside from Thursday's closing. The stop loss for the counter is Rs 2,030.

Jain has also given ABFRL a 'buy' rating with a target price of Rs 265. This implies a 10.3% upside for the stock. The stop loss set for the recommendation is Rs 229.

Vinay Rajani, senior technical & derivative research analyst at HDFC Securities, has recommended buying Kotak Mahindra Bank for a target of Rs 2,050. This implies a 3.2% upside from the last closing price. The stop loss is set at Rs 1,950.

Rajani also recommends buying Manappuram Finance for a target of Rs 215, implying a 3.3% upside from the previous closing. The stop loss for the recommendation is set at Rs 204.