Five Stocks To Buy Today: Grasim, Havells, Dmart Among Others
Grasim Industries Ltd., Havells India Ltd., Dmart operator Avenue Supermarts Ltd., Central Depository Services India Ltd., and Housing & Urban Development Corp. have 'buy' recommendations from analysts on Tuesday.
Swati Hotkar, AVP technical research at Nirmal Bang, and Nilesh Jain, head VP- technical and derivatives research at Centrum Broking Ltd. shared their insights with NDTV Profit.
Hotkar recommended buying Grasim with a stop loss at Rs 2,680 and a target price of Rs 2,820. Out of nine analysts tracking the company, seven maintain a 'buy' rating, one recommends a 'hold' and one suggests 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 15.5%.
She also suggests buying Havells with a stop loss at Rs 1,530 and a target price of Rs 1,630. Out of 44 analysts tracking the company, 27 maintain a 'buy' rating, 10 recommend a 'hold' and seven suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 13.6%.
For Dmart, Hotkar advises buying with a stop loss at Rs 4,266 and a target price of Rs 4,500. Out of 31 analysts tracking the company, nine maintain a 'buy' rating, nine recommend a 'hold' and 13 suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies a downside of 7.5%
Nilesh Jain recommends buying CDSL with a stop loss at Rs 1,682 and a target price of Rs 1,795. Out of 10 analysts tracking the company, three maintain a 'buy' rating, five recommend a 'hold' and two suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies a downside of 27.7%.
Jain also suggests buying HUDCO with a stop loss at Rs 226 and a target price of Rs 245. The two analysts tracking the company maintain a 'buy' rating, according to Bloomberg data. The average 12-month consensus price target implies an upside of 32.7%.
Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
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