- Supreme Industries recommended buy with a target price of Rs 4,600 and 6.46% upside
- Tata Chemicals advised buy with target Rs 1,025, despite most analysts rating it sell
- UPL given a buy call, target price Rs 790, implying an upside of 9.27%
Supreme Industries Ltd., Tata Chemicals Ltd., UPL, Cipla, Lupin are among the stocks that made it to analysts' recommendation for Monday's trade session.
Gaurav Sharma, Associate VP & Head of Research Equity, Commodity & Currency, Globe Capital, Ajit Mishra, SVP-Research, Religare Broking and Vaishali Parekh, Vice President, Technical Research, Prabhudas Lilladher have shared views on the above mentioned stocks.
Supreme Industries
Gaurav Sharma, Associate VP & Head of Research at Globe Capital, suggests buying Supreme Industries. The target price is Rs 4,600, with a stop loss at Rs 4,180. This implies an upside of 6.46%.
Fourteen out of the 27 analysts tracking the company have a 'buy' rating on the stock, ten recommend a 'hold' and three suggest a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 4,496, implying a upside of 4.3%.
Tata Chemicals
Sharma also recommends buying Tata Chemicals. The target price is Rs 1025, with a stop loss at Rs 918. This implies an upside of 8.24%.
None of the the eight analysts tracking the company have a 'buy' rating on the stock, one recommends a 'hold' and seven suggest a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 811, implying a downside of 13.8%
UPL
Globe Capital, also gives UPL a buy call. The target price is Rs 790, with a stop loss at Rs 698. This implies an upside of 9.27%.
Fifteen out of the 24 analysts tracking the company have a 'buy' rating on the stock, seven recommend a 'hold' and two suggest a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 721, implying a downside of 0.2%.
Cipla
Ajit Mishra, SVP-Research at Religare Broking, gives Cipla a buy rating. The target price is Rs 1,640, with a stop loss at Rs 477. This implies an upside of 6.98%.
Twenty six out of the 40 analysts tracking the company have a 'buy' rating on the stock, seven recommend a 'hold' and seven suggest a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 1,671, implying a upside of 9.1%.
Lupin
Vaishali Parekh, Vice President, Technical Research at Prabhudas Lilladher, recommends buying Lupin. The target price is Rs 2,050, with a stop loss at Rs 1,920. This implies an upside of 5.02%.
Twenty four out of the 40 analysts tracking the company have a 'buy' rating on the stock, 13 recommend a 'hold' and three suggest a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 2,263, implying a upside of 16.6%
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.
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