Five Stocks To Buy Today: Zomato, IndiGo, Jindal Stainless, Ashoka Buildcon And RailTel

Analysts have 'buy' calls on shares of Zomato Ltd., InterGlobe Aviation Ltd., Jindal Stainless Ltd., Ashoka Buildcon Ltd. and RailTel Corp of India Ltd.

The stock calls came from Sneha Seth, a senior analyst at Angel One, Shivangi Sarda, an equity, derivatives and technical analyst at Motilal Oswal Financial Services and Vinay Rajani, a senior technical and derivative research analyst at HDFC Securities.

According to Seth, the stock should be bought between Rs 299 and 301, with a target price of Rs 335 and stop loss of Rs 284. The stock has delivered returns of 155.76% in the past 12 months and 144.91% in the year-to-date period. Relative strength index of the stock stands at 70.48.

Twenty four out of the 26 analysts tracking Zomato have a 'buy' rating on the stock and two suggest a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 301.54, implying a downside of 0.5%.

Sarda recommended buying shares of the domestic carrier with a target price of Rs 4,700 and a stop loss of Rs 4,400. The stock has seen returns of 52.76% in the past 12 months and 50.63% in the year-to-date period. Relative strength index of the stock stands at 64.31.

Sixteen out of the 22 analysts tracking InterGlobe Aviation have a 'buy' rating on the stock, three recommend a 'hold' and three suggest a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 4,769.86, implying an upside of 6.7%.

Seth recommended buying the company's shares at a price range of Rs 739 to Rs 740, with a target price of Rs 775 and a stop loss of Rs 721. The stock has seen returns of 36.27% in the past 12 months and 29.63% in the year-to-date period. Relative strength index of the stock stands at 63.

Ten out of the 11 analysts tracking the stock have a 'buy' rating on the stock and one recommends a 'hold', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 868, implying an upside of 17%.

Rajani recommends buying the highway developers' shares at Rs 277, with a target price of Rs 289 apiece and a stop loss at Rs 269. The stock has given returns of 84.83% in the past 12 months and 99.16% in the year-to-date period. Relative strength index of the stock stands at 73.79.

Five out of the 10 analysts tracking the stock have a 'buy' rating on the stock, four recommend a 'hold' and one suggests a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 268.30, implying a downside of 3.13%.

Rajani recommends buying the company's shares at Rs 436 with a target price of Rs 455 per share and a stop loss at Rs 425 apiece. The stock has seen returns of 48.15% in the past 12 months and 28.95% in the year-to-date period. Relative strength index of the stock stands at 63.55.

Of the three analysts tracking the stock, one maintains a 'buy' and two recommend a 'sell'. The 12-month analysts' consensus target price on the stock is Rs 287.50, implying a downside of 34%.