DLF, Federal Bank, CAMS — Ruchit Jain's Top Picks
Here’s a closer look at each recommendation with their stop loss and target price levels.
Ruchit Jain, Vice President of Equity Technical Research at Wealth Management, Motilal Oswal Financial Services Ltd, has recommended three stocks for investors: DLF Ltd., Federal Bank Ltd., and Computer Age Management Services Ltd. Here’s a closer look at each recommendation with their stop loss and target price levels.
Jain suggests buying DLF with a stop loss of Rs 795 and a target of Rs 835. DLF, founded in 1946, is a leading real estate development company in India.
Headquartered in Gurugram, Haryana, DLF has developed numerous residential colonies in Delhi and commercial properties in Gurgaon. The company is known for its large-scale projects, including offices, apartments, shopping malls, hotels, and infrastructure.
Jain recommends buying Federal Bank with a stop loss of Rs 201 and a target of Rs 213. Federal Bank, established in 1931, is a major Indian private sector bank headquartered in Aluva, Kerala.
The bank operates over 1,500 branches and 2,000 ATMs across India and has representative offices in Abu Dhabi and Dubai. Federal Bank offers a wide range of services, including retail banking, wholesale banking, finance and insurance, mortgage loans, and wealth management.
For CAMS, Jain advises buying with a stop loss of Rs 4,050 and a target of Rs 4,300. Computer Age Management Services, founded in 1988, is a mutual fund transfer agency headquartered in Chennai, Tamil Nadu.
CAMS provides technology-driven solutions and services to mutual funds, insurance companies, and other financial institutions. The company offers a variety of products, including digital solutions for mutual fund transactions, insurance repository services, and account aggregation services.
