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Stocks To Buy: Ahead of the market opening on Wednesday, February 12, analysts from domestic brokerages have recommended several stocks for investment. They are bullish on five large-cap and mid-cap stocks, spanning sectors from beverages to aluminum. Below is the list of the five stocks, along with their targets:
JM Financial recommends buying Varun Beverages shares for a target of Rs 675, implying a potential upside of 29.75 per cent from today's closing of Rs 520.20 on the BSE website. The brokerage has picked the stock for a duration of 12 months.
Target Price: Rs 675
JM Financial also suggests buying Hindalco Industries shares for a target of Rs 800 which implies a potential upside of 34.25 per cent. The stock closed at Rs 595.90, apiece the BSE website. The brokerage has picked the stock for a duration of 12 months.
Target Price: Rs 800
Brokerage Axis Direct has picked Patanjali Foods Ltd with a target price of Rs 2,040. The stop loss of the stock is Rs 1,780. The recommended entry price ranges from Rs 1,827 to Rs 1,845.
Target Price: Rs 2,040
Stop Loss: Rs 1,780
Axis Direct also picked Redington Ltd. The brokerage has given a target price of Rs 261 with a stop loss of Rs 221. The recommended entry price ranges from Rs 227 to Rs 231.
Target Price: Rs 261
Stop Loss: Rs 221
Brokerage HDFC securities has picked Graphite India Ltd stock for a duration of two months, with a target price of Rs 570, offering a potential upside of 25.16 per cent, and a stop-loss at Rs 445.
Target Price: Rs 570
Stop Loss: Rs 445
Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its reade Rs consult their investment advise Rs before making any financial decision.