For Friday's trading session, several analysts have recommended key stocks for potential investment. Milan Vaishnav, Founder and Technical Analyst at Gemstone Equity Research, suggests buying Sun Pharma and Paytm. Rajesh Palviya, SVP, Technical and Derivatives Research at Axis Securities, recommends HDFC Life and Apollo Tyres. Chandan Taparia, Head of Technical & Derivatives Research at MOFSL, advises investing in Bharti Airtel. Each stock has specific target prices and stop-loss levels to guide investors.
Sun Pharma
Milan Vaishnav recommends buying Sun Pharmaceutical Industries Ltd. above Rs 1,830, with a target price of Rs 1,925 and a stop-loss at Rs 1,780. The stock is currently trading at Rs 1,821, making it a potential buy for investors looking for growth in the pharmaceutical sector.
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 consensus price target implies an upside of 13%.
Paytm
One 97 Communications Ltd. is another stock recommended by Vaishnav. Investors are advised to buy above Rs 865, aiming for a target price of Rs 930, with a stop-loss at Rs 830. The stock is currently priced at ₹861, presenting an opportunity in the digital payments space.
Out of 19 analysts tracking the company, nine maintain a 'buy' rating, six recommend a 'hold,' and four suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an downside of 2.2%.
HDFC Life
Rajesh Palviya suggests buying HDFC Life Insurance Company Ltd. at Rs 743, targeting Rs 768, with a stop-loss at Rs 728. This makes HDFC Life a viable option for those interested in the insurance sector.
Out of 36 analysts tracking the company, 29 maintain a 'buy' rating and seven recommend a 'hold', according to Bloomberg data. The average 12-month consensus price target implies an upside of 9.4%.
Apollo Tyres
Apollo Tyres Ltd. is also recommended by Palviya for purchase at Rs 471, with a target of Rs 486 and a stop-loss at Rs 462. Out of 27 analysts tracking the company, 19 maintain a 'buy' rating, three recommend a 'hold,' and five suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 4%.
Bharti Airtel
Chandan Taparia advises buying Bharti Airtel Ltd. at its current market price of Rs 1,864, with a target price of Rs 1,975 and a stop-loss at Rs 1,805.
Out of 35 analysts tracking the company, 30 maintain a 'buy' rating, three recommend a 'hold,' and two suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 1.5%.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
