Shrikant Chouhan, Executive Vice President and Head of Equity Research at Kotak Securities, has provided his recommendations for Adani Enterprises Ltd., Vedanta Ltd., and United Breweries Ltd. shares.
Chouhan recommends buying Adani Enterprise shares with a target price of Rs 2,670 and a stop loss of Rs 2,475.
Adani Enterprises, the flagship entity of the Adani Group, is a diversified conglomerate headquartered in Ahmedabad. The company operates in various sectors, including mining; airport operations; edible oils; road, rail, and water infrastructure; data centres; and solar manufacturing.
For Vedanta, Chouhan suggests buying with a target price of Rs 475 and a stop loss of Rs 434.
Vedanta is a multinational mining company based in Mumbai. It has significant operations in iron ore, gold, and aluminium mines across Goa, Karnataka, Rajasthan, and Odisha. The company is involved in the exploration, extraction, and processing of minerals, as well as oil and gas.
Chouhan advises buying UBL shares with a target price of Rs 2,190 and a stop loss of Rs 2,020.
United Breweries, headquartered in Bengaluru, is a subsidiary of Heineken N.V. The company is known for its flagship brand, Kingfisher, and produces a variety of alcoholic beverages. UBL has a strong presence in the Indian market and is a key player in the beverage industry.
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