Stocks To Buy Today: Sun Pharma, Hindustan Unilever, Castrol, MRPL, JSW Energy
Analysts have 'buy' calls on these stocks on Tuesday.
Analysts have advised investors to buy Sun Pharmaceutical Industries Ltd., Hindustan Unilever Ltd. and Castrol India Ltd. among other stocks on Tuesday.
Akshay P Bhagwat, senior vice-president at JM Financial and Vaishali Parekh, vice-president, technical research, Prabhudas Lilladher shared their insights with NDTV Profit.
Sun Pharma
Bhagwat recommends purchasing the stock with a target of Rs 1,798 and a stop loss of Rs 1,702. Over the past year, the stock has fallen 13.30%. Its relative strength index was at 48.37.
Out of 42 analysts tracking the company, 34 maintain a 'buy' rating, five recommend a 'hold' and three suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 17.9%.
HUL
Bhagwat recommends purchasing the stock at Rs 2,384, with a target of Rs 2,297 and a stop loss of Rs 2,334. Over the past year, the stock has risen 4.89%. Its relative strength index was at 56.41.
Out of 44 analysts tracking the company, 29 maintain a 'buy' rating, 12 recommend a 'hold' and three suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 10.8%.
Castrol
Parekh recommends purchasing the stock at Rs 205, with a target of Rs 215 and a stop loss of Rs 200. Over the past year, the stock has fallen 1.01%. Its relative strength index was at 43.20.
Out of five analysts tracking the company, three maintain a 'buy' rating and two recommend a 'hold', according to Bloomberg data. The average 12-month consensus price target implies an upside of 10.7%.
Mangalore Refinery and Petrochemical
Parekh recommends purchasing the stock at Rs 141, with a target of Rs 153 and a stop loss of Rs 135. Over the past year, the stock has fallen 36.79%. Its relative strength index was at 57.33.
Out of four analysts tracking the company, one recommends a 'hold' and three suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies a downside of 13.9%.
JSW Energy
Parekh recommends purchasing the stock at Rs 522, with a target of Rs 550 and a stop loss of Rs 508. Over the past year, the stock has fallen 14.74%. Its relative strength index was at 44.98.
Out of 16 analysts tracking the company, nine maintain a 'buy' rating, two recommend a 'hold' and five suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an upside of 12.8%.
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.
