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Smallcap Stocks To Buy: Axis Direct recommends buying 5 stocks for 2 weeks; check targets
- Written by ZeeBiz WebTeam
Published: 5:26 PM, Dec 19, 2024
|Updated: 7:36 PM, Dec 19, 2024
Axis Direct Stocks To Buy: In Thursday's session, the domestic equity benchmarks extended their losses for the fourth consecutive session. This was amid a global sell-off triggered by the Federal Reserve's more cautious outlook on future rate cuts compared to September.
At the end of the session, the Sensex stood at 964.2 points, or 1.2 per cent, lower at 79,218.1, while the Nifty50 settled at 23,951.7, down 247.2 points, or 1.0 per cent, from its previous close.
Brokerage Axis Direct has recommended five 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 five stocks including Linc, Granules India, Universal Cables, Gravita India, and KFin Technologies. These stocks can generate huge profits in the next 0-15 days.
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Linc EQ Share Price Target (0-15 Days)
The first stock picked by Axis Direct is Linc Ltd. This stock is currently trading at Rs 772. The brokerage has given a target price of Rs 860 with a stop loss of Rs 760. The recommended entry price ranges from Rs 778 to Rs 785.
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Linc EQ Share Price Target (0-15 Days)
Target Price: Rs 860 Stop Loss: Rs 760
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Granules India EQ Share Price Target (0-15 Days)
The second stock picked by the brokerage is Granules India Ltd, with a target price of Rs 649 and a stop loss of Rs 585. The recommended entry price ranges from Rs 595 to Rs 601.
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Granules India EQ Share Price Target (0-15 Days)
Target Price: Rs 649 Stop Loss: Rs 585
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Universal Cables EQ Share Price Target (5-15 Days)
The third stock picked by Axis Direct is Universal Cables Ltd. This stock is currently trading at Rs 773.25. Brokerage has given a target price of Rs 940. While the stop loss for the stock is Rs 721. The recommended entry price is Rs 775.
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Universal Cables EQ Share Price Target (5-15 Days)
Target Price: Rs 940 Stop Loss: Rs 721
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Gravita India EQ Share Price Target (5-15 Days)
Axis Direct also picked Gravita India Ltd. The stock is currently trading at Rs 2404.5. The brokerage has recommended a target price of Rs 2,830 for the stock with a stop loss of Rs 2,270. The recommended entry price is Rs 2,405.
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Gravita India EQ Share Price Target (5-15 Days)
Target Price: Rs 2,830 Stop Loss: Rs 2,270
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KFin Technologies EQ Share Price Target (5-15 Days)
Axis Direct has given a BUY recommendation to KFin Technologies Ltd as well. The stock is currently trading at Rs 1429.05. The target price of the stock is Rs 1,575 with a stop loss of Rs 1,225. The recommended entry price is Rs 1,575.
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Target Price: Rs 1,575 Stop Loss: Rs 1,225
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