Stocks To Buy Today: GAIL, SBI, Reliance, Delhivery, Jio Finance
These stocks have 'buy' calls from analysts on Monday.
Analysts have advised investors to buy GAIL (India) Ltd., State Bank of India and Reliance Industries Ltd. among other stocks on Monday.
Brijesh Ail, head of technical and derivatives, retail research at IDBI Capital, Ruchit Jain, vice president, equity technical research, wealth management, Motilal Oswal Financial Services Ltd., and Kunal Rambhia, founder, The Street, shared their insights with NDTV Profit.
GAIL
Jain recommended purchasing the stock with a target of Rs 194 and a stop loss of Rs 183. Over the past year, the stock has fallen 7.41%. Its relative strength index was at 50.81.
Out of 35 analysts tracking the company, 28 maintain a 'buy' rating, four recommend a 'hold' and three suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 14%.
State Bank Of India
Ail recommends purchasing the stock at Rs 782, with a target of Rs 830 and a stop loss of Rs 797. Over the past year, the stock has risen 6.26%. Its relative strength index was at 43.04.
Out of 50 analysts tracking the company, 40 maintain a 'buy' rating, nine recommend a 'hold' and one suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 15.8%.
Reliance Industries
Rambhia suggested purchasing the stock with a target of Rs 1,310 and a stop loss of Rs 1,260. Over the past year, the stock has fallen 13.31%. Its relative strength index was at 54.90.
Out of 38 analysts tracking the company, 35 maintain a 'buy' rating and three suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 20.2%.
Delhivery
Ail recommended purchasing the stock at Rs 281, with a target of Rs 298 and a stop loss of Rs 273. Over the past year, the stock has fallen 38%. Its relative strength index was at 55.55.
Out of 24 analysts tracking the company, 19 maintain a 'buy' rating and five recommend a 'hold', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 39.2%.
Jio Finance
Rambhia recommended purchasing the stock, with a target of Rs 270 and a stop loss of Rs 240. Over the past year, the stock has fallen 33.40%. Its relative strength index was at 48.87.
The one analyst tracking the company recommends a 'hold', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 16%.
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.
