Analysts have advised investors to buy IndusInd Bank Ltd., UPL Ltd., Hindalco Industries Ltd., Nykaa-parent FSN E-Ventures Ltd. and HDFC Bank Ltd. among other stocks on Tuesday.
Aditya Agarwala, head of research and investments at Invest4edu, Aditya Arora, founder and multi asset research analyst at Adlytick.in, Akshay P Bhagwat, senior VP at JM Financial, and Vikas Jain, head of research at Reliance Securities shared their insights with NDTV Profit.
IndusInd Bank
Agarwala recommends purchasing IndusInd Bank stock at Rs 1,045, with a target of Rs 1,100 and a stop loss of Rs 1,020. The target implies a potential upside of 5.2% over the pervious close.
Over the past year, the share price has fallen 30%.
UPL
Agarwala recommends purchasing UPL stock at Rs 633, with a target of Rs 675 and a stop loss of Rs 605. The target implies a potential upside of 6.6% over the pervious close.
Over the past year, the share price has risen 32%.
Hindalco Industries
Vikas Jain recommends purchasing Hindalco Industries stock at Rs 609, with a target of Rs 679 and a stop loss of Rs 582. The target implies a potential upside of 11.5% over the pervious close.
Over the past year, the share price has risen 19%.
Nykaa
Bhagwat recommends purchasing Nykaa stock at Rs 172, with a target of Rs 185/192 and a stop loss of Rs 165. The target implies a potential upside of 11% over the pervious close.
Over the past year, the share price has risen 13%.
HDFC Bank
Arora recommends purchasing HDFC Bank stock at Rs 1,717, with a target of Rs 1,755 and a stop loss of Rs 1,680. The target implies a potential upside of 2.2% over the previous close.
Over the past year, the share price has risen 21%.
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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