Short-Term Investment Ideas: Brokerage sees up to 21% upside in 9 stocks; note down targets

Stocks to buy: Ahead of the market opening on Wednesday i.e. January 22, brokerage HDFC Securities picked nine stocks. These are - Tata Consumer Products, Oil India, Saregama India, Mishra Dhatu Nigam, M M Forgings, Great Eastern Shipping Company, MOIL, Federal Bank, and CCL Products. It has given targets for these stocks for up to three months. Know brokerage ratings, target prices, and stop losses for these stocks.

Tata Consumer Products Ltd Share Target Price (CMP Rs 972.10)

The brokerage has picked the stock for a duration of one month. It has given a 'buy' call on the firm with a target price of Rs 1090, a potential upside of 12.13 per cent, and a stop loss at Rs 907.
Target Price: Rs 1090
Stop Loss: Rs 907

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Oil India Ltd Share Target Price (CMP Rs 474.25)

The brokerage has picked the stock for a duration of one month. It has given a 'buy' call on the firm with a target price of Rs 543, a potential upside of 14.50 per cent, and a stop loss at Rs 453.
Target Price: Rs 543
Stop Loss: Rs 453

Saregama India Ltd Share Target Price (CMP Rs 537.30)

The brokerage has picked the stock for a duration of ten days. It has given a 'buy' call on the firm with a target price of Rs 565, a potential upside of 5.16 per cent, and a stop loss at Rs 506.
Target Price: Rs 565
Stop Loss: Rs 506

Mishra Dhatu Nigam Ltd Share Target Price (CMP Rs 331.45)

The brokerage has picked the stock for a duration of ten days. It has given a 'buy' call on the firm with a target price of Rs 354, a potential upside of 6.80 per cent, and a stop loss at Rs 312.
Target Price: Rs 354
Stop Loss: Rs 312

M M Forgings Ltd Share Target Price (CMP Rs 449.60)

The brokerage has picked the stock for a duration of ten days. It has given a 'buy' call on the firm with a target price of Rs 483.50, a potential upside of 7.54 per cent, and a stop loss at Rs 428.
Target Price: Rs 483.50
Stop Loss: Rs 428

Great Eastern Shipping Company Ltd Share Target Price (CMP Rs 948.70)

The brokerage has picked the stock for a duration of ten days. It has given a 'buy' call on the firm with a target price of Rs 1005, a potential upside of 5.93 per cent, and a stop loss at Rs 899.
Target Price: Rs 1005
Stop Loss: Rs 899

MOIL Ltd Share Target Price (CMP Rs 341.10)

The brokerage has picked the stock for a duration of two months. It has given a 'buy' call on the firm with a target price of Rs 415, a potential upside of 21.67 per cent, and a stop loss at Rs 332.
Target Price: Rs 415
Stop Loss: Rs 332

Federal Bank Ltd Share Target Price (CMP Rs 192.35)

The brokerage has picked the stock for a duration of ten days. It has given a 'buy' call on the firm with a target price of Rs 205, a potential upside of 6.58 per cent, and a stop loss at Rs 184.5.
Target Price: Rs 205
Stop Loss: Rs 184.5

CCL Products (India) Ltd Share Target Price (CMP Rs 639.50)

The brokerage has picked the stock for a duration of ten days. It has given a 'buy' call on the firm with a target price of Rs 680, a potential upside of 6.33 per cent, and a stop loss at Rs 608.
Target Price: Rs 680
Stop Loss: Rs 608

Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.