Stock recommendations for Monday are out, with analysts advising investors to keep an eye on some promising picks. Among the highlighted stocks are Hindustan Unilever Ltd., Britannia Industries Ltd., and Tech Mahindra Ltd. 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 experts including Vaishali Parekh, vice president of technical research at Prabhudas Lilladher, Ajit Mishra, SVP of research at Religare Broking, Vinay Rajani, senior technical and derivative research analyst at HDFC Securities and Brijesh Singh, senior technical analyst at Opulent Investment Adviser.
Today's stock recommendations feature prominent FMCG and IT companies.
Hindustan Unilever
Vinay Rajani from HDFC Securities has recommended buying HUL at the current market price of Rs 2,368 apiece. The target price is Rs 2,450, with a stop loss at Rs 2,320. This recommendation indicates a potential upside of 3.46% from the current levels.
Of the 43 analysts tracking HUL, 28 have a 'buy' rating on the stock, 11 recommend a 'hold' and four suggest a 'sell', according to Bloomberg data. The average of 12-month analysts' price target of Rs 2,616 implies a potential upside of 10.5%.
Tech Mahindra
Brijesh Singh from Opulent Investment Adviser has recommended buying Tech Mahindra at the current market price of Rs 1,723. The target price is Rs 1,770, with a stop loss at Rs 1,685. This recommendation indicates a potential upside of 2.7% from the current levels.
Of the 46 analysts tracking Tech Mahindra, 24 have a 'buy' rating on the stock, eight recommend a 'hold' and 14 suggest a 'sell', according to Bloomberg data. The average of 12-month analysts' price target of Rs 1,705 implies a potential downside of 1.1%.
Britannia Industries
Ajit Mishra from Religare Broking has recommended buying Britannia Industries at the current market price of Rs 5,102. The target price is Rs 5,280 with a stop loss at Rs 5,010. This recommendation indicates a potential upside of 3.5% from the current levels.
Of the 48 analysts tracking Britannia Industries, 20 have a 'buy' rating on the stock, 12 recommend a 'hold' and 16 suggest a 'sell', according to Bloomberg data. The average of 12-month analysts' price target of Rs 5,450.8 implies a potential upside of 6.8%.
TCS
Kunal Rambhia has recommended buying Tata Consultancy Services at the current market price of Rs 4,152. The target price is Rs 4,300, with a stop loss at Rs 4,050. This recommendation indicates a potential upside of 3.5% from the current levels.
Of the 49 analysts tracking TCS, 34 have a 'buy' rating on the stock, nine recommend a 'hold' and six suggest a 'sell', according to Bloomberg data. The average of 12-month analysts' price target of Rs 4,526 implies a potential upside of 9%.
Valiant Organics
Rambhia has also recommended buying Valiant Organics at the current market price of Rs 309. The target price is Rs 325, with a stop loss at Rs 300. This recommendation indicates a potential upside of 5.2% from the current levels.
Welspun Living
Vaishali Parekh from Prabhudas Lilladher has recommended buying Welspun Living at the current market price of Rs 152. The target price is Rs 160, with a stop loss at Rs 144. This recommendation indicates a potential upside of 5.2% from the current levels.
Of the nine analysts tracking Welspun Living, seven have a 'buy' rating on the stock and two recommend a 'hold', according to Bloomberg data. The average of 12-month analysts' price target of Rs 198 implies a potential upside of 30%.
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.
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