Five Stocks To Buy: Bandhan Bank, Cipla, Sona BLW, Rain Industries, Laurus Labs
Analysts chose stocks from financial services, pharma, chemicals, automobile component spaces for Friday's session.
Bandhan Bank Ltd., Cipla Ltd., Laurus Labs Ltd., Sona BLW Precision Forgings Ltd., and Rain Industries made it to analysts' recommendation for Friday's trade session.
Angel One Technical & Derivative Research Chief Manager Osho Krishnan, Centrum Broking Technical & Derivatives Research,(Equity Research) Vice President And Head Nilesh Jain, and JM Financial Senior Vice President Akshay P Bhagwat shared views on the above mentioned stocks.
Sona BLW Precision Precision Forgings
Osho Krishnan suggested a buy for the stock. The target price is Rs 515, which implied a 5.1% upside from Thursday's close. The stop loss is at Rs 476 apiece.
Out of 19 analysts tracking the company, 12 maintain a 'buy' rating, four recommend a 'hold' and three suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 10.3%.
Rain Industries
Nilesh Jain chose Rain Industries for Friday's session. The target price is Rs 171 apiece, which implied a 6.9% upside from Thursday's close. The stop loss is at Rs 155 apiece.
Laurus Labs
Akshay P Bhagwat suggested a buy for the counter. He has given a target price range of Rs 857–871 apiece for Laurus Labs, which implied upside of 2.6%–4.3% from Thursday's close.
Out of 16 analysts tracking the company, seven maintain a 'buy' rating, four recommend a 'hold' and five suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies a downside of 22.1%.
Cipla
Angel One's Osho Krishnan suggested a buy for Cipla. The target price is Rs 1,520 apiece, which implied 2.3% upside from Thursday's close. The stop loss is at Rs 1,465 apiece.
Out of 30 analysts tracking the company, 25 maintain a 'buy' rating, seven recommend a 'hold' and eight suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 10.1%.
Bandhan Bank
Nilesh Jain suggested a buy for Bandhan Bank Ltd. The target price is Rs 195 apiece, which implied 5.9% upside from Thursday's close. The stop loss is at Rs 179 apiece.
Out of 29 analysts tracking the company, 15 maintain a 'buy' rating, 12 recommend a 'hold' and two suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 5.5%.
Disclaimer: The views and opinions expressed by the investment advisers are of their own and not of NDTV Profit. NDTV Profit advises readers to consult their financial advisers before investment.
