Gaurav Sharma, associate VP and head of research (equity, commodity and currency) at Globe Capital, has issued new stock recommendations. Glenmark Pharmaceuticals Ltd., Oberoi Realty Ltd., and Indian Bank Ltd. are his top picks. Sharma suggests buying these shares, providing specific stop-loss and target levels for each.
Sharma recommends buying Glenmark Pharmaceuticals at Rs 1,512 with a stop-loss at Rs 1,470 and a target price of Rs 1,600. Glenmark Pharmaceuticals Ltd., founded in 1977, is an Indian multinational pharmaceutical company headquartered in Mumbai.
The company specialises in generic drugs and active pharmaceutical ingredients, with a focus on dermatology, oncology, and respiratory therapy.
For Oberoi Realty Ltd., Sharma advised a 'buy' at Rs 1,794 with a stop-loss at Rs 1,720 and a target price of Rs 1,945. Oberoi Realty is a real estate development company based in Mumbai. Established in 1980, the company focuses on premium developments in residential, commercial, hospitality, retail, and social infrastructure sectors.
Sharma also recommends buying Indian Bank at Rs 632 with a stop-loss at Rs 618 and a target price of Rs 665. Indian Bank, founded in 1907, is a public sector bank headquartered in Chennai.
It offers a range of banking and financial services, including consumer banking, corporate banking, insurance, mortgage loans, and investment banking .
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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