Pick of the week: KEI Industries, Ipca laboratories among analysts' short term picks

Mehul Kothari, AVP- Technical Research at AnandRathi Shares & Securities has listed the pharma scrip as its Pick of the week. 

The recommended target price on the stock is Rs 1,670/ 1,700 for over 4 per cent gains. The suggested stop loss is Rs 1,580 per share. The stock has registered a breakout after the recent consolidation.

Kunal Saraogi- SEBI- Registered analyst is bullish on Lupin futures as there is seen traction in the pharma pack.

Priced at Rs 2,244.2, the analyst pegs the initial target for the trade at Rs 2,300 and the next at Rs 2,325, implying decent gains of nearly 4 per cent.

Rakesh Bansal of Rakesh Bansal Ventures has suggested to 'sell' the stock futures.

For the scrip, the target pegged by the analyst is Rs 253, implying a downside of over 7 per cent from the price of Rs 273.3. The stop loss recommended is Rs 282.

Also, Rakesh Bansal is bullish on KEI Industries- the scrip from the cables and electricals space.

At the current price of Rs 4,343, the stock has been given a 'buy' for upside of up to 5 per cent -with the target at Rs 4,560 and a stop loss of Rs 4,200 per share.

Sandeep Jain of Tradeswift broking recommends a buy on the auto components stock.

The target for the scrip is Rs 680/ 690, implying decent gains of over 8 per cent.

Jain also likes Subros and has given a buy for a target of Rs 710/ 730 per share- meaning healthy upside of nearly 14 per cent from the current price of Rs 642. The recommended stop loss is Rs 625 per share.