Stocks to buy: M&M, Tata Motors, BEL among analysts top picks
Stocks to buy: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Vikas Sethi, Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia and Sandeep Wagle share their top stock recommendations in this special segment, Pick of the Day.
On the top analysts' 'buy' list are stocks such as Cochin Shipyard, Bharat Electronics Limited (BEL), Hindustan Petroleum Corporation Limited (HPCL), Chambal Fertilisers and Chemicals, Mahindra & Mahindra (M&M), Glenmark Pharma, Muthoot Finance and Tata Motors.
(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult their investment advisers before making any financial decision.)
Cochin Shipyard
Himanshu Gupta of Globe Capital Markets recommends buying Cochin Shipyard shares for targets of Rs 1,350 and Rs 1,375 with a stop loss at Rs 1,260.
BEL, HPCL, Chambal Fertilisers, IndiaMART InterMESH, M&M
Vikas Sethi of Sethi Finmart has five stocks on his ‘buy’ recommendations list: Bharat Electronics Limited (BEL), Hindustan Petroleum Corporation Limited (HPCL), Chambal Fertilisers and Chemicals, IndiaMART InterMESH and Mahindra & Mahindra (M&M). For BEL, Sethi has placed a target of Rs 162 with a stop loss at Rs 153. He recommends buying HPCL shares for a target of Rs 392 with a stop loss at Rs 280. He recommends buying Chambal Fertilisers and Chemicals shares for a target of Rs 360 with a stop loss at Rs 348. He suggests buying IndiaMART InterMESH shares for a target of Rs 2,770 with a stop loss at Rs 2,690. He also suggests buying M%M shares for a target of Rs 1,740 with a stop loss at Rs 1,690.
Glenmark Pharma
Rakesh Bansal of Rakesh Bansal Ventures recommends buying Glenmark Pharmaceuticals shares for a target of Rs 865 with a stop loss at Rs 770.
Muthoot Finance
Kunal Saraogi of Equityrush recommends buying Muthoot Finance shares for targets of Rs 1,462 and Rs 1,490 with a stop loss at Rs 1,413.
IndiaMART InterMESH
Sumeet Bagadia of Choice Broking also recommends buying IndiaMART InterMESH for targets of Rs 2,600 and Rs 2,810 with a stop loss at Rs 2,825.
Tata Motors
Sandeep Wagle of Sandeep Wagle Advisory recommends buying Tata Motors shares for targets of Rs 745 and Rs 750 with a stop loss at Rs 717.