Brokerages gave buy calls for Jubilant FoodWorks Ltd., NMDC Ltd., Persistent Systems Ltd., Power Finance Corp., and Varroc Engineering Ltd.
IDBI Capital Research Technical and Derivatives Head Brijesh Ail, Invest4edu Research and Investments Head Aditya Agarwala, and Religare Broking Research Senior Vice President Ajit Mishra shared their views on the above mentioned scrips.
The GIFT Nifty was trading higher on Tuesday, implying a higher open for benchmark indices. It was 0.08%, or 19 points higher at 23,768.00 as of 8:08 a.m.
Jubilant FoodWorks
Jubilant FoodWorks Ltd. got a 'buy' from IDBI Capital Research Technical and Derivatives Head Brijesh Ail. The target price for the scrip is Rs 690, which implied a 6.54% upside from Monday's closing price.
Out of 31 Bloomberg analysts tracking the company, 18 maintain a 'buy' rating, eight recommend a 'hold' and five suggest 'sell', according to Bloomberg data.
NMDC
Religare Broking Research Senior Vice President Ajit Mishra recommended a 'buy' for NMDC Ltd. The target price for the stock is Rs 74, which implied a 6.17% upside from Monday's closing price.
Out of 23 analysts tracking the company, 13 maintain a 'buy' rating, four recommend a 'hold' and six suggest 'sell', according to Bloomberg data.
Persistent Systems
Persistent Systems Ltd. has a buy call from Aditya Agarwala, head, research and investments, Invest4edu. He has a target price of Rs 5,650 on the counter, which implies a 4.28% upside from Monday's closing price.
Out of 40 analysts tracking the company, 18 maintain a 'buy' rating, nine recommend a 'hold' and 13 suggest 'sell', according to Bloomberg data.
PFC
Religare Broking Research Senior Vice President Ajit Mishra suggested to 'buy' Power Finance Corp. at Rs 453 apiece, which implied a 6.1% upside from Monday's closing price.
Twelve analysts tracking the company maintain a 'buy' rating, according to Bloomberg data.
Varroc Engineering
Brijesh Ail also recommended buying Varroc Engineering Ltd. stock. The target price for the counter is Rs 497, which implies 4.9% upside from Monday's closing price.
Out of five analysts tracking the company, two maintain a 'buy' rating, one recommends a 'hold' and two suggest 'sell', according to Bloomberg data.
Also Read: Stock Market Today: Nifty, Sensex End Little Changed As Losses In Reliance Offset Gains In HDFC Bank
Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
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