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 Siyaram Silk Mills, Stove Kraft, Escorts Kubota, among others.
Ruchit Jain, Vice President, Equity Technical Research at Motilal Oswal Financial Services Ltd, Kushal Gandhi, Technical Analyst at StoxBox and Dr Ravi Singh, Senior Vice President of Retail Research at Religare Broking, have shared their insights with NDTV Profit.
Siyaram Silk Mills Ltd
Kushal Gandhi, Technical Analyst, StoxBox., has recommended buying Siyaram Silk Mills Ltd., for a target price of Rs 1,106, implying an upside of 13.3% at a stop loss of Rs 915. The stock ended around 3.82% higher on Thursday. It is trading 82.17% higher from its price 12 months ago.
Stove Kraft Ltd
Kushal Gandhi from StoxBox has also given Stove Kraft Ltd. a 'buy' rating with a target price of Rs 1,064, implying an upside of 12.9% at a stop loss of Rs 882 per share. The stock ended around 7.58% higher on Thursday. It is trading 105.45% up from its price 12 months ago.
Escorts Kubota Ltd
Ruchit Jain from Motilal Oswal Financial Services Ltd. has recommended buying Escorts Kubota Ltd., for a target price of Rs 3,925, implying an upside of 10.4% at a stop loss of Rs 3,440. The stock ended around 3.25% higher on Thursday. It is trading 22.53% up from its price 12 months ago.
Biocon Ltd
Kushal Gandhi from StoxBox also gives Biocon Ltd. a 'buy' rating with a target price of Rs 422, implying an upside of 7.3% at a stop loss of Rs 378 per share. The stock ended around 3.85% higher on Thursday. It is trading 40.56% up from its price 12 months ago.
SRF Ltd
Ruchit Jain from Motilal Oswal also recommends buying SRF Ltd. for a target price of Rs 2,760, implying an upside of 6.8% at a stop loss of Rs 2,495. The stock ended around 4.18% higher on Thursday. It is trading 11.87% up 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.
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