Epack Durable, East India Hotels — Top Mid-Cap Stocks To Watch
Vaishali Parekh from Prabhudas Lilladher and Nirav Asher from Latin Manharlal Securities have provided their insights and recommendations on these stocks.
Analysts have identified Epack Durable Ltd. and East India Hotels as top midcap stocks to watch. Vaishali Parekh from Prabhudas Lilladher and Nirav Asher from Latin Manharlal Securities have provided their insights and recommendations on these stocks.
Vaishali Parekh suggests buying Epack Durable Ltd, highlighting its technical strengths. "I like it technically, with Rs 370 as the support level. It can see a target of Rs 450, and if held for two years, it could reach up to Rs 600," Parekh stated.
Epack Durable Ltd, established in 2003, is a leading Original Design Manufacturer for air conditioners and small domestic appliances in India.
On Motherson Wiring, Parekh advises caution. "The stock is currently at a resistance level, trading at Rs 59. One needs to wait for it to come down to Rs 53-54," she noted.
In the hospitality sector, Nirav Asher recommends buying East India Hotels. The stock is currently trading at Rs 368.35.
East India Hotels, the flagship company of The Oberoi Group, operates luxury hotels under the brands Oberoi, Trident, and Maidens. Known for its exceptional service and luxurious accommodations, the company has a strong presence in the Indian hospitality industry and continues to expand its footprint.
Moreover, Mahesh Ojha of Hensex Securities Pvt recommended a hold on Titagarh Rail Systems between Rs 1,150 and Rs 1,200 levels for a one-year horizon. The stop loss is in the Rs 800-870 range.
