Stocks To Buy Today: Biocon, ONGC, Nippon Life And More
Aamar Deo Singh, senior vice president of research at Angel One, Sarvendra Srivastava, market strategist at 5wavesofficial and Brijesh Ail, retail research at IDBI share insights with NDTV Profit.
The current dynamic market is often difficult to predict and identifying the right stocks to buy can be a challenging, yet rewarding task. Stepping up today, market analysts have recommended buying shares of Biocon Ltd., Oil and Natural Gas Corp. and Nippon Life Asset Management Co. among others.
Aamar Deo Singh, senior vice president of research at Angel One Ltd., Sarvendra Srivastava, market strategist at 5wavesofficial and Brijesh Ail, retail research at IDBI have shared their insights with NDTV Profit.
Some of the stocks in these calls have the potential to generate upsides of over 11%, according to them. So, Biocon, ONGC, Nippon Life to Bharat Electronics, take a look at this curated list of stocks that offer promising opportunities for growth, according to insights by experts.
Biocon
Aamar Deo Singh, senior vice president of research at Angel One Ltd., has recommended buying Biocon Ltd., for a target price of Rs 423, implying an upside of 11.3% at a stop loss of Rs 357. The stock ended around 0.99% higher on Wednesday. It is trading 32.84% higher from its price 12 months ago.
ONGC
Sarvendra Srivastava, market strategist at 5wavesofficial, has given ONGC a 'buy' rating, with a target price of Rs 287, implying an upside of 11.2% at a stop loss of Rs 258.4. The stock ended around 1.57% higher on Wednesday. It is trading 9.82% higher from its price 12 months ago.
Bharat Electronics Ltd
Srivastava has also recommended buying BEL Ltd., for a target price of Rs 288, implying an upside of 7.4% at a stop loss of Rs 258.4. The stock ended around 0.85% higher on Wednesday. It is trading 43.39% higher from its price 12 months ago.
Nippon Life India Asset Management Ltd
Aamar Deo Singh, from Angel One Ltd. has also given Nippon Life, a 'buy' rating with a target price of Rs 710, implying an upside of 6.7% at a stop loss of Rs 643 per share. The stock ended around 5.99% higher on Wednesday. It is trading 31.68% up from its price 12 months ago.
Mrs. Bectors Food Specialities
Brijesh Ail, retail research at IDBI , has recommended buying Bectors for a target price of Rs 1,600 per share, implying an upside of 4.7% at a stop loss of Rs 1,491. The stock ended around 3.16% higher on Wednesday. It is trading 21.79% higher from its price 12 months ago.
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.
