Stocks To Buy Today: Adani Green, Tata Chemicals, Axis Bank And More

Analysts have shared 'buy' calls on companies including Adani Green Energy Ltd., Tata Chemicals Ltd., Axis Bank Ltd., Jubilant FoodWorks Ltd. and Apollo Hospital Enterprise Ltd.

As per the stock calls shared with NDTV Profit, some of these companies could see upside of as much as 16.2% in the near term from current levels. Some of them have already yielded as much as nearly 32% in the past 12 months.

Here are the top stocks to buy, as per Vikas Jain, head of research at Reliance Securities, and Rajesh Bhosale, an equity, technical and derivative analyst at Angel One.

Jain recommends buying the stock at Rs 1,076 with a target price of Rs 1,250 and a stop loss at Rs 1,005. Over the past 12 months, the stock has lost 32.70%, while its year-to-date performance stands at 32.65%. The relative strength index is at 38.43.

According to Bloomberg, four analysts track the stock: three rate it a 'buy,' and one a 'sell.' The consensus 12-month target price is Rs 1,966.25, indicating a potential downside of 32.6%.

Jain has suggested buying this stock at Rs 1,045 with a target price of Rs 1,150 and a stop loss of Rs 999. The stock has fallen by 7.7% in the last 12 months and by 6.55% so far this year. Its relative strength index is at 38.02.

As per Bloomberg data, eight analysts cover the stock, with one assigning a 'hold,' and seven a 'sell.' The 12-month consensus target is Rs 916.50, offering an expected downside of 5.3%.

According to Jain, the stock is a 'buy' at Rs 1,070, with a target price of Rs 1,150 and a stop loss at Rs 1,020. It has lost 2.53% in the last 12 months and 2.93% year-to-date. The stock’s relative strength index stands at 29.05.

Bloomberg shows that 49 analysts cover the stock: 41 rate it 'buy' and eight suggest 'hold.' The consensus 12-month target price of Rs 1,367.86 implies a potential downside of 2.9%.

Bhosale recommends purchasing the stock at Rs 718 with a target of Rs 755 and a stop loss at Rs 701. Over the past year, the stock has risen 27.99%, and in the year-to-date period, it has gained 27.2%. Its relative strength index is currently at 68.83.

Of the 31 analysts tracking the stock as per Bloomberg, 13 recommend a 'buy,' ten suggest 'hold,' and eight have a 'sell' call on the stock. The consensus target for the next 12 months is Rs 617.40, implying a potential loss of 14.1%.

Bhosale advises buying the stock at Rs 7,310, targeting Rs 7,630 with a stop loss at Rs 7150. The stock has shown a 27.20% uptick in the past 12 months and 28.23% year-to-date. The relative strength index is recorded at 59.01.

Bloomberg data indicates 29 analysts cover the stock, with 22 giving it a 'buy,' three a 'hold,' and four a 'sell.' Analysts' consensus for the next 12 months sets the target at Rs 7,921, suggesting an upside of 28.5%.