Berger Paints India Ltd., GMR Airports Ltd., Grasim Industries Ltd., and Godrej Properties Ltd. were among the stocks analysts picked to ‘buy’ in Tuesday’s session.
Angel One Research Senior Vice-President Aamar Deo Singh, Centrum Broking Technical & Derivatives Research, (Equity Research), Vice-President and Head Nilesh Jain, Axis Securities Technical and Derivatives Research Senior Vice-President Rajesh Palviya, and Religare Broking Retail Research Senior Vice-President Ravi Singh shared their views on the above mentioned counters.
GIFT Nifty implied a negative open for the benchmark large-cap gauges. The GIFT Nifty was trading 0.28%, or 62.50 points down at 22,456.00 as of 8:20 a.m.
Berger Paints
Berger Paints India Ltd. got ‘buy’ from Angel One Research’s Singh. Target price for the stock is Rs 579 apiece, implying a 7.83% upside from Tuesday’s closing price. Stop loss for the stock is Rs 493 apiece.
Out of 23 analysts tracking the company, eight maintain a ‘buy’ rating, three recommend a ‘hold’ and 12 suggest ‘sell’, according to Bloomberg data. The average 12-month analysts’ consensus price target implies a downside of 8.1%.
GMR Airports
GMR Airports Ltd. got a ‘buy’ call from Centrum Broking’s Jain. Target price for the counter is Rs 90, implying a 5.26% upside from Tuesday’s closing price. Stop loss is at Rs 83 apiece.
Out of four analysts tracking the company, three maintain a ‘buy’ rating, and one recommends a ‘hold’, according to Bloomberg data. The average 12-month analysts’ consensus price target implies a downside of 1.9%.
Grasim Industries
Axis Securities Technical and Derivatives Research’s Palviya gave a ‘buy’ recommendation for Grasim Industries Ltd. Target price for the counter is Rs 2,650, implying a 2.20% upside from Tuesday’s closing price. Stop loss is Rs 2,568.
Out of nine analysts tracking the company, six maintain a ‘buy’ rating, two recommend a ‘hold’ and one suggests a ‘sell’, according to Bloomberg data. The average 12-month analysts’ consensus price target implies an upside of 13.0%.
Godrej Properties
Godrej Properties Ltd. got a ‘buy’ call from Religare Broking Retail Research’s Singh. Target for the counter is Rs 1,235, implying a 3% upside from Tuesday’s closing price. Stop loss is Rs 1,175 apiece.
Out of 36 analysts tracking the company, 26 maintain a ‘buy’ rating, eight recommend a ‘hold’ and two suggest ‘sell’, according to Bloomberg data. The average 12-month analysts’ consensus price target implies an upside of 6.9%.
Indus Towers
Indus Towers Ltd. also got a ‘buy’ call from Palviya. Target price for the counter is Rs 382 apiece, implying a 3% upside from Tuesday’s closing price. Stop loss is Rs 366 apiece.
Out of 24 analysts tracking the company, 13 maintain a ‘buy’ rating, six recommend a ‘hold’ and five suggest ‘sell’, according to Bloomberg data. The average 12-month consensus price target implies an upside of 12.1%.
Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.
. Read more on Markets by NDTV Profit.Analysts have buy calls on stocks from aviation infrastructure, consumer, telecommunication spaces on Tuesday. Read MoreMarkets, Business, Notifications
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