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Stocks To Buy: Axis Direct recommends buying M&M, KFintech, other 4 stocks for 2 weeks
- Written by ZeeBiz WebTeam
Published: 4:01 PM, Dec 18, 2024
|Updated: 4:16 PM, Dec 18, 2024
Axis Direct Stocks To Buy: In Wednesday's session, the domestic equity benchmarks suffered sharp losses amid a cautious mood across global markets as investors awaited a key rate decision by the Federal Reserve later in the day. At closing, the Sensex shed 502.3 points to settle at 80,182.2 and the Nifty50 gave up 137.2 points to 24,198.9. Amid this, the brokerage Axis Direct has recommended four stocks that can generate profits in 0 to 15 days.
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.
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Stocks to Buy: Axis Direct's Pick
The brokerage has recommended six stocks including Godrej Industries, Gravita India, M&M, KFin Technologies, Gulf Oil Lubricants, and Trent. These stocks can generate huge profits in the next 0-15 days.
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Godrej Industries EQ Share Price Target (0-15 Days)
The first stock picked by Axis Direct is Godrej Industries Ltd. This stock is currently trading at Rs 1139.5. The brokerage has given a target price of Rs 1,293 with a stop loss of Rs 1,085. The recommended entry price ranges from Rs 1,126 to Rs 1,137.
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Godrej Industries EQ Share Price Target (0-15 Days)
Target Price: Rs 1,293 Stop Loss: Rs 1,085
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Gravita India EQ Share Price Target (0-15 Days)
The second stock picked by the brokerage is Gravita India Ltd, with a target price of Rs 2,655 and a stop loss of Rs 2,355. The recommended entry price ranges from Rs 2,332 to Rs 2,355.
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Gravita India EQ Share Price Target (0-15 Days)
Target Price: Rs 2,655 Stop Loss: Rs 2,355
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M&M EQ Share Price Target (0-15 Days)
The third stock picked by Axis Direct is Mahindra & Mahindra Ltd. This stock is currently trading at Rs 3049.95. Brokerage has given a target price of Rs 3,259. While the stop loss for the stock is Rs 2,995. The recommended entry price ranges from Rs 3,025 to Rs 3,061.
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M&M EQ Share Price Target (0-15 Days)
Target Price: Rs 3,259 Stop Loss: Rs 2,995
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KFin Technologies EQ Share Price Target (0-15 Days)
Axis Direct has given a BUY recommendation to KFin Technologies Ltd as well. The stock is currently trading at Rs 1340.45. The target price of the stock is Rs 1,430 with a stop loss of Rs 1,230. The recommended entry price ranges from Rs 1,256 to Rs 1,289.
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KFin Technologies EQ Share Price Target (0-15 Days)
Target Price: Rs 1,430 Stop Loss: Rs 1,230
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Gulf Oil Lubricants EQ Share Price Target (0-15 Days)
Axis Direct has given a BUY recommendation to Gulf Oil Lubricants India Ltd as well. The stock is currently trading at Rs 1184.25. The target price of the stock is Rs 1,285 with a stop loss of Rs 1,145. The recommended entry price ranges from Rs 1,169 to Rs 1,180.
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Gulf Oil Lubricants EQ Share Price Target (0-15 Days)
Target Price: Rs 1,285 Stop Loss: Rs 1,145
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Trent EQ Axis Direct also picked Trent Ltd. The stock is currently trading at Rs 7117.15. The brokerage has recommended a target price of Rs 7,510 for the stock with a stop loss of Rs 6,950. The recommended entry price ranges from Rs 7,010 to Rs 7,090.
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EQ Share Price Target (0-15 Days)
Target Price: Rs 7,510 Stop Loss: Rs 6,950
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