Analysts have advised investors to buy Vedanta Ltd., Torrent Pharmaceuticals Ltd., PB Fintech Ltd., United Spirits Ltd. and Steel Authority of India Ltd. among other stocks.
Aditya Arora, founder and multi asset research analyst, Adlytick.in, Brijesh Ail, retail research, IDBI Capital, Vaishali Parekh, vice president, technical research, Prabhudas Lilladher and Ravi Singh, SVP retail research, Religare Broking shared their insights with NDTV Profit.
These stocks could see potential upsides of up to 3%, they said.
Vedanta
Ail recommends purchasing the stock at Rs 455, with a target of Rs 472 and a stop loss of Rs 450. Over the past year, the stock has risen 62.50%. Its relative strength index was at 46.
Torrent Pharma
Arora recommends purchasing the stock at Rs 3,264, with a target of Rs 3,400 and a stop loss of Rs 3,130. Over the past year, the stock has risen 23.22%. Its relative strength index was at 48.
Policy Bazar
Parekh recommends purchasing the stock at Rs 1,724, with a target of Rs 1,900 and a stop loss of Rs 1,560. Over the past year, the stock has risen 81.22%. Its relative strength index was at 44.
United Spirits
Parekh recommends purchasing the stock at Rs 1,423, with a target of Rs 1,460 and a stop loss of Rs 1,390. Over the past year, the stock has risen 31.50%. Its relative strength index was at 46.
SAIL
Singh recommends purchasing the stock at Rs 111, with a target of Rs 116 and a stop loss of Rs 108. Over the past year, the stock has fallen 14%. Its relative strength index was at 45.
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