Stock recommendations for Friday are out, with analysts advising investors to keep an eye on some promising picks. Among the highlighted stocks are HDFC Life, Aurobindo Pharma, Lupin, and Deepak Nitrite. These stocks come with specific target prices and stop-loss levels, with analysts setting optimistic forecasts on their potential upside.
The recommendations for today's stock picks have been provided by Aamar Deo Singh, Sr. Vice President, Research at Angel One Ltd, Shrikant Chouhan, Executive VP & Head of Equity Research at Kotak Securities, and Dr. Ravi Singh, SVP of Retail Research at Religare Broking.
Aurobindo Pharma
Aamar Deo Singh from Angel One Ltd. has recommended buying Aurobindo Pharma Ltd. at a current market price of Rs 1,235. The target price is Rs 1,345, with a stop loss at Rs 1,167. This recommendation indicates a potential upside of 8.9% from the current levels.
HDFC Life
Shrikant Chouhan from Kotak Securities has set a target price of Rs 634-650 for HDFC Life Insurance Company Ltd., with a stop loss of Rs 610. The current price is between Rs 622 and Rs 624, offering a potential upside of around 2% to 4%.
ACC Ltd
ACC Ltd., a key player in the Indian cement industry, has been recommended as a Buy by Shrikant Chouhan, with a target price range of Rs 2,100 to Rs 2,140. Chouhan advises to put a stop loss on the stock at a price of Rs 2,010
Lupin
Dr. Ravi Singh from Religare Broking has recommended a 'buy' on Lupin Ltd. at the current market price of Rs 2,151, with a target price of Rs 2,200 and a stop loss of Rs 2,120. This offers a potential upside of 2.3% from the current market price.
Deepak Nitrite
Dr. Ravi Singh has also recommended buying Deepak Nitrite Ltd. at the current market price of Rs 2,369, with a target price of Rs 2,420 and a stop loss at Rs 2,345. This provides an upside of 2.1% from the current price level.
Today's stock recommendations feature a mix of picks from the pharmaceutical, insurance, and chemicals sectors.
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