Top Stocks To Buy Today: Fortis Healthcare, M&M, NMDC, PNB Housing, Voltas
Analysts chose stocks from healthcare, steel production, automobile sectors for Monday's session.
Analsyts chose Fortis Healthcare Ltd., NMDC Ltd., Mahindra & Mahindra Ltd., PNB Housing Finance Ltd., and Voltas Ltd. for Monday's session.
Axis Securities Technical & Derivatives Research Senior Vice President Rajesh Palviya and Centrum Broking Technical & Derivatives Research Head & Vice President Nilesh Jain shared their views on the above mentioned stocks.
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NMDC
Palviya recommended a Buy for the stock. The target price is Rs 76, which implied 4.9% upside from Friday's close. The stop loss is at Rs 72.40 apiece.
Out of 23 analysts tracking the company, 13 maintain a 'buy' rating, four recommend a 'hold,' and six suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 5.0%.
Fortis Healthcare
Palviya recommended a Buy for the stock. The target price for the stock is Rs 780 apiece, which implied 2.3% upside from Friday's close price. The stop loss is at Rs 748 apiece.
Out of 15 analysts tracking the company, 14 maintain a 'buy' rating, and one suggests a 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 2.7%.
PNB Housing Finance
Centrum Broking's Nilesh Jain recommended a buy for PNB Housing Finance. The target price for the stock is Rs 1,150 apiece, which implied 4.2% upside from Friday's close price. The stop loss is at Rs 1,081 apiece.
Twelve analysts tracking the company maintained a 'buy' rating, according to Bloomberg data. The average 12-month consensus price target implies an upside of 10.2%.
M&M
Jain recommended a buy for the stock with the target price 3,201 apiece, which implied a 3% upside from Friday's close price. The stop loss is at Rs 3,055 apiece.
Out of 42 analysts tracking the company, 40 maintain a 'buy' rating, two recommend a 'hold', according to Bloomberg data. The average 12-month consensus price target implies an upside of 14.3%.
Voltas
Jain recommended a buy for the stock. The target price for the stock is 1,315 apiece which implied 3.5% upside from Friday's close price. The stop loss is at Rs 1,248 apiece.
Out of 41 analysts tracking the company, 28 maintain a 'buy' rating, eight recommend a 'hold,' and five suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 13.4%.
Disclaimer: The views and opinions expressed by the investment advisers are of their own and not of NDTV Profit. NDTV Profit advises readers to consult their financial advisers before taking investment decisions.
