Stocks To Buy Today: APL Apollo, Marico, BPCL Among Others

For Wednesday, several stocks have been recommended by top analysts for buying and selling. Recommendations come from Osho Krishan, senior research analyst at Angel One, Dr. Ravi Singh, SVP retail research at Religare Broking and Vikas Jain, head of research at Reliance Securities.

APL Apollo Tubes Ltd., a leading manufacturer of steel pipes and tubes in India, has a 'buy' call from Osho Krishan. The target price for APL Apollo is Rs 1,570, with a current price of Rs 1,520 and a stop loss at Rs 1,490.

Out of 20 analysts tracking the company, 17 have a 'buy' rating, two have 'hold' rating and one has 'sell' on the stock, according to Bloomberg data. The 12-month analysts' consensus target price implies an upside of 20%.

Marico Ltd., a prominent consumer goods company specialising in health, beauty, and wellness products, has a 'buy' recommendation from Singh. The target price for Marico is Rs 660, with the current price at Rs 639 and a stop loss at Rs 628.

Out of 41 analysts tracking the company, 31 have a 'buy' rating, seven have 'hold' rating and three have 'sell' on the stock, according to Bloomberg data. The 12-month analysts' consensus target price implies an upside of 12.2%.

Bharat Petroleum Corp. has a buy recommendation from Osho Krishan. The target price for BPCL is Rs 294, with a current price of Rs 283 and a stop loss at Rs 277.

Out of 34 analysts tracking the company, 23 have a 'buy' rating, six have 'hold' rating and five suggest 'sell', according to Bloomberg data. The 12-month analysts' consensus target price implies an upside of 16.2%.

Krishan also recommends buying the Indian Hotels Co., which operates a chain of luxury hotels and resorts, including the Taj brand. The target price for Indian Hotels is Rs 840, with a current price of Rs 800 and stop loss at Rs 780.

Out of 25 analysts tracking the company, 16 have a 'buy' rating, six have 'hold' rating and three have a 'sell' rating on the stock, according to Bloomberg data. The 12-month analysts' consensus target price implies an upside of 7.6%.

Britannia Industries Ltd. has a 'buy' call from Jain. The target price for the stock is Rs 5,650, with a current price of Rs 4,905 and a stop loss at Rs 4,650 per share.

Out of 38 analysts tracking the company, 22 have a 'buy' rating, 10 have 'hold' and six suggest 'sell' on the stock, according to Bloomberg data. The 12-month analysts' consensus target price implies an upside of 8.2%.

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