Market Experts Stock Recommendations For May 30: Buy, Sell or Hold Today?
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.
Hindustan Aeronautics
Sarvendra Srivastava, a market strategist at 5Waves suggested to wait to buy the stock. The valuations are driven more by sentiment than the fundamentals. The investors who need to enter the stock will have to wait for some time.
As risk-rewards for the stock are no longer that great.
Stock Market Live: Glenmark Pharmaceuticals
Axis Securities Technical and Derivatives Research Senior Vice President Rajesh Palviya recommends a 'buy' for the stock. The target price for the counter is Rs 1,445 apiece, which implied a 2.4% upside from Thursday's close. The stop loss for the stock is Rs 1,387 apiece.
Out of 12 analysts tracking the company, eight maintain a 'buy' rating, three recommend a 'hold' and one suggests to 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 19.1%.
Unimech Aerospace and Manufacturing
Kunal Kamble, senior research analyst at Bonanza Portfolio Ltd recommended a buy on dips strategy for the stock. A dip towards Rs 1,210 levels will be a good buying opportunity, he said. The current outlook for the stock is bullish.
Nykaa & Coromandel International In Focus
FSN E-Commerce Ventures Ltd. and Coromandel International Ltd. are in focus as these stocks will be included to MSCI Global Standard index. MSCI rebalancing will take place on Friday.
Canara Bank Gets Buy From Amit Ventures
The target price for the stock is Rs 120 apiece, which implied a 8% upside from Thursday's close price. The stop loss for the stock is Rs 104.5 apiece.
