Stocks To Buy Today: Cipla, Devyani International, Bank Of Baroda And More

Analysts share their buy calls on stocks including Bank of Baroda, KEI Industries and more.

Some of these stocks have already yielded as much as nearly 65% in the past 12 months. (Image Source: Freepik)

Analysts have given recommendations for companies including Devyani International Ltd., Cipla Ltd., Oberoi Realty Ltd., Bank Of Baroda, and more.

As per the stock calls shared with NDTV Profit, some of these companies could see upside of as much as 33% in the near term from current levels. Some of them have already yielded as much as nearly 65% in the past 12 months.

Here are the top stocks to buy, as per Aamar Deo Singh, senior vice president, research at Angel One Ltd.; Chandan Taparia, head-technical and derivatives research, Motilal Oswal Financial Services Ltd., Ravi Singh, senior vice president, retail research, Religare Broking; Swati Hotkar, AVP-technical research, Nirmal Bang; and Osho Krishan, senior research analyst, technical and derivatives, Angel One.

Devyani International 

Devyani International Ltd. stock can be bought at Rs 180 per share, with price target at Rs 213, according to Angel One's Singh. He recommends putting the stop loss for the stock at Rs 163.

The stock has fallen 4.5% in the past 12 months and it continued to stay down 2.5% in the year-to-date period. RSI for the counter stands at 69.15.

Of the 25 analysts tracking the stock, 17 recommend 'buy', two have a 'hold' call, while six recommend a 'sell'. As per Bloomberg's data the consensus 12-month price target for the share implies a upside potential of 0.5%

Also Read: Stocks To Buy Today: ITC, Devyani International, Sun Pharma, Alkem Labs And More

Oberoi Realty

Stock of the Oberoi Realty Ltd. can be bought at Rs 2,322 per share, with price target at Rs 2,445, according to Chandan Taparia of MOFSL. He recommends putting the stop loss for the stock at Rs 2,260.

The stock has risen over 65% in the past 12 months and it rose 61.79% in the year-to-date period. RSI for the counter stands at 69.

Of the 27 analysts tracking the stock, 11 recommend 'buy', 12 have a 'hold' call, while four recommend a 'sell'. As per Bloomberg's data the consensus 12-month price target for the share implies a upside potential of 12.9%

Bank Of Baroda

Bank of Baroda Ltd. stocks can be bought at Rs 245 per share, with price target at Rs 260, according to Ravi Singh of Religare Broking. He recommends putting the stop loss for the stock at Rs 240.

The stock has risen almost 6% in the past 12 months and advanced 6.76% in the year-to-date period. RSI for the counter stands at 46.

Of the 36 analysts tracking the stock, 29 recommend 'buy', six have a 'hold' call, while one recommend a 'sell'. As per Bloomberg's data the consensus 12-month price target for the share implies a upside potential of 18.9%.

Also Read: Bank Of Baroda Share Price Slumps; Lender Approves Rs 10,000 Crore Fundraise Through Infra Bonds

Cipla

Cipla Ltd.'s stocks can be bought with price target at Rs 1,520, according to Nirmal Bang's Swati Hotkar. She recommends putting the stop loss for the stock at Rs 1,460.

The stock has risen 20.02% in the past 12 months and advanced 18.94% in the year-to-date period. RSI for the counter stands at 51.

Of the 38 analysts tracking the stock, 23 recommend 'buy', eight have a 'hold' call, while seven recommend a 'sell'. As per Bloomberg's data the consensus 12-month price target for the share implies a upside potential of 8.7%.

KEI Industries

KEI Industries Ltd.'s stocks can be bought at Rs 4,300 per share, with price target at Rs 4,550, according to Osho Krishan of Angel One. He recommends putting the stop loss for the stock at Rs 4,160.

The stock has risen 38.63% in the past 12 months and advanced 35.62% in the year-to-date period. RSI for the counter stands at 53.

Of the 18 analysts tracking the stock, 12 recommend 'buy', four have a 'hold' call, while two recommend a 'sell'. As per Bloomberg's data the consensus 12-month price target for the share implies a upside potential of 13.3%.

Also Read: Stock Market Today: Nifty Extend Gains To Second Day; Sensex Ends Nearly 300 Points Higher

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
WRITTEN BY
Heena Ojha
Senior News Writer at NDTV Profit, She is a graduate with a gold medal from... more
GET REGULAR UPDATES