Buy, Sell, Or Hold: Brijesh Ail's Insights On Time Techno, CAMS, And CEAT
The stock recommendations come with specific stop loss and target price.
Brijesh Ail, Head of Technical and Derivatives at IDBI Cap, has recommended three stocks: Time Technoplast Ltd., Computer Age Management Services Ltd., and Ceat Ltd. Here are his insights and recommendations for each.
For Time Technoplast, Ail recommends buying the stock at the current market price, with a stop loss set at Rs 436 and a target of Rs 475.
Time Technoplast is a multinational conglomerate specialising in polymer products. Established in 1992, the company operates over 40 production facilities worldwide. Its product portfolio includes industrial packaging solutions, lifestyle products, automotive components, and composite cylinders.
For Computer Age Management Services Ltd., Ail recommends buying at the current market price, with a stop loss set at Rs 4,151 and a target of Rs 4,450.
Founded in 1988, Cams is a leading mutual fund transfer agency in India. The company provides a range of services to asset management companies, including data processing and investor services. CAMS is headquartered in Chennai and became publicly listed in 2020.
For Ceat, Ail recommends buying at the current market price, with a stop loss set at Rs 3,709 and a target of Rs 4,100.
Ceat, established in 1924 in Turin, Italy, is now an Indian multinational tyre manufacturer under the RPG Group. The company produces tyres for various vehicles, including passenger cars, two-wheelers, trucks, and buses. Ceat operates several manufacturing plants across India and exports its products globally.
