Analysts have advised investors to buy Biocon Ltd., Bikaji Foods International Ltd., Kaveri Seeds Co., Dam Capitals Ltd. and Tata Consumer Ltd. among other stocks.
Aditya Agarwala, head of research and investments, Invest4edu, Kunal Rambhia, founder, The Street, and Kushal Gandhi, technical analyst, StoxBox shared their insights with NDTV Profit.
These stocks could see potential upsides of up to 9%, they said.
Biocon
Agarwala recommends purchasing the stock at Rs 396, with a target of Rs 425 and a stop loss of Rs 382. Over the past year, the stock has fallen 36.76%. Its relative strength index was at 48.
Bikaji Foods
Agarwala also recommends buying Bikaji Foods International stock at Rs 733.7, with a target of Rs 775 and a stop loss at Rs 715. Over the past year, the stock has moved 30.10%. Its relative strength index was at 46.
Kaveri Seeds
According to Rambhia, the stock is a ‘buy’ at the current level, with a target price of Rs 1,050 and a stop loss at Rs 965. It has gained 49.65% in the last 12 months. The stock’s relative strength index stands at 73.
Dam Capitals
Rambhia advises buying the stock at Rs 301.6, targeting Rs 310 with a stop loss at Rs 295. The relative strength index was recorded at 44.11.
Tata Consumer
Gandhi recommends purchasing the stock with a target of Rs 1,116 per share and a stop loss at Rs 981. Over the past year, the stock has fallen 12.25%. Its relative strength index was at 62.
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.
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