Stocks to Buy for Long Term: With Diwali just around the corner, investors are on the lookout for the best ideas for their Dalal Street investment portfolios. Analysts have selected a few stocks across segments from a long-term perspective to make the most of the current juncture in the share market.
Read on to view analysts' top picks along with target prices:
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1/11As the Diwali countdown begins, investors are all set for the special Muhurat trading session, scheduled from 6 pm to 7 pm, on November 1 this year. Read more about Muhurat trading
Analysts from various brokerages have positive views on a number of largecap, midcap and smallcap stocks from a long-term perspective.
Read on to view the list and note down their target prices for these stocks.
2/11BOB Capital has a 'buy' rating assigned to cigarettes-and-hotels conglomerate ITC with a target price of Rs 556.
As of October 25, the brokerage's target implies an upside of 15.3 per cent.
3/11KRChoksey has a 'buy' call on SBI Life Insurance Company shares with a target price of Rs 1,901.
4/11KRChoksey has an 'accumulate' rating on Laurus Labs with a target price of Rs 489.
5/11Sharekhan has a 'buy' rating assigned to Coforge.
The brokerage has a target price of Rs 8,900 for the Tier 2 IT stock.
6/11Sharekhan has a 'buy' call on Ramkrishna Forgings shares with a target price of Rs 8,900.
7/11Anand Rathi Securities has a 'buy' call on Gabriel India shares with a target price of Rs 700 apiece.
8/11BOB Capital Markets has a 'buy' rating on Tata Consumer Products with a target price of Rs 1,311, which suggests a potential upside of almost 35 per cent in the Tata group stock.
9/11Sharekhan has a 'buy' call assigned to Strides Pharma Science with a target price of Rs 1,874 per share.
10/11Motilal Oswal Financial Services has a 'buy' rating assigned to Godrej Properties with a target price of Rs 3,725 per share.
The brokerage's target suggests an upside of 27 per cent in the largecap real estate stock.
11/11ICICI Securities has a 'buy' rating assigned to Fedbank Financial Services (FEDFINA) shares with a target price of Rs 130.
The target implies an upside to the tune of 28 per cent, as of October 25.