Five Stocks To Buy Today: Delhivery, Tata Motors, LIC Housing, Astral And Bharat Dynamics
Here are all the top 'buy' calls from analysts you need to know about on Monday.
Analysts have ‘Buy’ calls on shares of Delhivery Ltd., Tata Motors Ltd., LIC Housing Ltd., Astral Ltd. And Bharat Dynamics Ltd.
The stock calls came from Aamar Deo Singh, Senior Vice President, Research, Angel One Ltd. and Vikas Jain, Head of Research, Reliance Securities Ltd.
Delhivery
Singh recommends buying the stock at Rs 385 with a target price of Rs 445 and a stop loss at Rs 353. Over the past 12 months, the stock has gained 8.5%, while its year-to-date performance stands at 0.35%. The relative strength index is at 68.
According to Bloomberg, 23 analysts track the stock: 18 rate it a 'buy,' and five a 'hold'. The consensus 12-month target price is Rs 453, indicating a potential upside of 16.2%.
Tata Motors
Jain has suggested buying this stock at Rs 782 with a target price of Rs 920 and a stop loss of Rs 730. The stock has risen by 8% in the last 12 months and by 1.6% so far this year. Its relative strength index is at 42.
As per Bloomberg data, 35 analysts cover the stock, with 20 assigning a 'buy' rating, 10 a 'hold,' and five a 'sell.' The 12-month consensus target is Rs 957.9, offering an expected upside of 21.2%.
ALSO READ
Stock Of The Day: This Tata Stock Reels Under Bearish Pressure As Outlook Sours | Key Technicals
LIC Housing
According to Jain, the stock is a 'buy' at Rs 610 per share, with a target price of Rs 685 and a stop loss at Rs 574. It has gained 17% in the last 12 months and 16% year-to-date. The stock’s relative strength index stands at 46.
Bloomberg shows that 31 analysts cover the stock: 17 rate it 'buy,' nine suggest 'hold,' and five recommend 'sell.' The consensus 12-month target price of Rs 748.07 implies a potential upside of 19.8%.
Astral
Jain recommends purchasing the stock at Rs 1,800 with a target of Rs 2,010 and a stop loss at Rs 1,690. Over the past year, the stock has fallen 5.5%, and in the year-to-date period, it has lost 3.85%. Its relative strength index is currently at 54.
Of the 27 analysts tracking the stock as per Bloomberg, 17 recommend a 'buy,' seven suggest 'hold,' and three advocate 'sell.' The consensus target for the next 12 months is Rs 2,070.1, implying a potential gain of 12.9%.
Bharat Dynamics
Singh advises buying the stock at Rs 1,250, targeting Rs 1,365 with a stop loss at Rs 1,187. The stock has shown a 64% change in the past 12 months and 47% year-to-date. The relative strength index is recorded at 67.
Bloomberg data indicates nine analysts cover the stock, with seven giving it a 'buy,' one a 'hold,' and one a 'sell.' Analysts' consensus for the next 12 months sets the target at Rs 1,187.4, suggesting a downside of 5.8%.
