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Five Stocks To Buy: Suzlon Energy, Dabur India, Ambuja Cements, Jindal Stainless Among Others

Dabur India, Suzlon Energy, Ambuja Cements, Jindal Stainless, IndiaMART are among the stocks that made it to analysts' recommendations for Monday's trade session

<div class="paragraphs"><p>Dabur India, Suzlon Energy, Ambuja Cements, Jindal Stainless, IndiaMART are among the stocks that made it to analysts' recommendations for Monday's trade session (Image source: Envato)</p></div>
Dabur India, Suzlon Energy, Ambuja Cements, Jindal Stainless, IndiaMART are among the stocks that made it to analysts' recommendations for Monday's trade session (Image source: Envato)

Dabur India Ltd., Suzlon Energy Ltd., Ambuja Cements Ltd., Jindal Stainless Ltd., and IndiaMART InterMESH Ltd. are among the stocks that made it to analysts' recommendations for Monday's trade session.

Kunal Rambhia, Fund Manager & Trading Strategist at The Streets, Shrikant Chouhan, Head Equity Research at Kotak Securities, and Gaurav Sharma, Associate VP & Head of Research Equity, Commodity & Currency at Globe Capital, have shared views on the above mentioned stocks.

Here's a look at some stock recommendations by analysts:

Dabur India

Kunal Rambhia, Fund Manager, Trading Strategist, The Streets, suggests buying Dabur India. The target price is Rs 600, with a stop loss at Rs 520. This implies an upside of 12.36%.

Fifteen out of the 41 analysts tracking the company have a 'buy' rating on the stock, 19 recommend a 'hold' and seven suggest a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 549, implying a upside of 2.8%.

Suzlon Energy

Shrikant Chouhan, Head Equity Research at Kotak Securities, recommends buying Suzlon Energy. The target price is Rs 70, with a stop loss at Rs 64. This implies an upside of 7.69%.

Seven out of the eight analysts tracking the company have a 'buy' rating on the stock, one recommends a 'hold', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 76, implying a upside of 16.2%.

Ambuja Cements

Gaurav Sharma, Associate VP, Head of Research Equity, Commodity & Currency at Globe Capital, advises buying Ambuja Cements. The target price is Rs 648, with a stop loss at Rs 590. This implies an upside of 6.58%.

Thirty four out of the 45 analysts tracking the company have a 'buy' rating on the stock, eight recommend a 'hold' and three suggest a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 643, implying a upside of 5.9%.

Jindal Stainless

Globe Capital also has a buy call on Jindal Stainless. The target price is Rs 750, with a stop loss at Rs 685. This implies an upside of 6.38%.

Thirteen out of the 14 analysts tracking the company have a 'buy' rating on the stock, one recommends a 'hold', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 738, implying a upside of 4.6%.

IndiaMART InterMESH

The Streets also has a buy call on IndiaMART InterMESH. The target price is Rs 2750, with a stop loss at Rs 2550. This implies an upside of 5.85%.

Eight out of the 20 analysts tracking the company have a 'buy' rating on the stock, five recommend a 'hold' and seven suggest a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 2,653, implying a downside of 2.1%.

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