Mehul Kothari suggests buying 2 largecap, midcap scrips for 1-12 months
Stocks to Buy: During the session, Mehul Kothari of Anand Rathi has recommended buying two largecap and midcap scrips for long term, short term, and positional targets.
Mehul Kothari Stock Picks, Stocks to Buy: Equity benchmarks Sensex and Nifty closed on a negative note on Friday, January 17, 2025. Sensex ended lower at 76,619.33, up 423.49 points or 0.55 per cent and the 50-share basket closed 108.60 points lower at 23,203.20, fell 0.47 per cent amid selling in financial, and IT sector stocks, including Infosys, ICICI Bank, Axis Bank, HDFC Bank, and TCS.
On the other side, energy, FMCG sectors stocks such as Larsen and Toubro, ITC, Sun Pharma, Power Grid, BEL, and Hindalco were top gainers.
Motherson Sumi Wiring India, FACT, Honasa Consumer
During the session, Mehul Kothari of Anand Rathi has recommended buying two largecap and midcap scrips for long term, short term, and positional targets.
Long, short, and positional stock picks
In conversation with Zee Business Managing Editor Anil Singhvi, Kothari shared these 'buy' calls with investment horizons ranging from 1 to 12 months.
Midcap Stock to Buy for Long Term: FACT shares
FACT Share Price Target: Kothari suggests buying Fertilisers and Chemicals Travancore (FACT) shares for a target of Rs 1,140 with a stop loss at Rs 840.
Buy FACT shares for 12 months
His call on the FACT stock is with a horizon of 9-12 months.
FACT shares could rise nearly 20%
As of today's close, the given target is a potential upside 19.88 per cent.
Midcap Stock to Buy for Positional Target: Mamaearth shares
Mamaearth Share Price Target: He has a 'buy' stance on Honasa Consumer (Mamaearth) shares for a target of Rs 270 with stop loss at Rs 230.
Mamaearth stock will rise over 9%: Mehul Kothari
According to him, the Honasa Consumer's shares could rise with a potential upside of 9.31 per cent in the next 3-6 months.
Largecap Stock to Buy: Motherson Sumi Wiring shares
Motherson Sumi Wiring Share Price Target: Kothari has suggested buying Motherson Sumi Wiring shares for a target of Rs 65 with a stop loss at Rs 51.
The target given by analyst implies a potential upside of 15.04 per cent.
Buy Motherson Sumi shares for 3 months
Mehul Kothari's suggested the Motherson Sumi Wiring stock with a period of 1-3 months.
(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.)