Shares to Buy for Long Term: Wild swings continue on Dalal Street amid a lukewarm domestic earnings season and sustained selling by FIIs, keeping the Sensex still in correction territory—about 10 per cent below their all-time highs of September. Market participants are once again scouting for fresh 'buy' ideas to make the most of the current juncture on Dalal Street.
Here are a few of analysts' 'buy' calls along with their respective targets.
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3/12Axis Securities has a 'buy' call on JK Lakshmi Cement shares with a target price of Rs 900.
As of November 8, the target suggests a potential upside of almost 18 per cent in the cement stock.
4/12Axis Securities has a 'buy' rating on VA Tech Wabag shares with a target price of Rs 1,970.
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6/12BOB Capital Markets has a 'buy' rating on Blue Star shares with a target price of Rs 2,100.
7/12Sharekhan has a 'buy' rating assigned to Tata group stock Trent with a target price of Rs 8,162.
8/12Sharekhan has a 'buy' rating assigned to Emami with a target price of Rs 875 per share.
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10/12KRChoksey has a 'buy' rating assigned to the Granules India stock with a target price of Rs 700.
Its target suggests an upside of 20 per cent in the stock.
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12/12Nuvama has a 'buy' call assigned to Astral Ltd shares with a target price of Rs 2,293 apiece.
As of November 8, the brokerage's target price implies a potential upside of more than 28 per cent in the stock.