Analysts have recommended buying shares of Britannia Industries Ltd., KEC International Ltd., APL Apollo Tubes Ltd., HDFC Life Insurance Co., along with Tata Motors Ltd. on Monday.
According to their target prices shared by Osho Krishan, senior research analyst of technical & derivatives at Angel One; Vaishali Parekh, vice president of technical research at Prabhudas Lilladher; Aditya Agarwala, head of research and investments at Invest4edu; and Sudeep Shah, deputy VP head of technical and derivatives Research at SBICAP Securities with NDTV Profit, these stock calls have the potential to generate upsides of around up to 7%.
APL Apollo Tubes
Agarwala recommends buying APL Apollo Tubes for a target of Rs 1,730, which implies 6.79% upside from its closing price on Friday. At the same time, he has advised to keep a stop loss at Rs 1,550-level. In the last 12 months, the stock has gained over 7%.
On Jan. 1, the company released its sales figures for the December quarter. It registered sales volume of 828,200 tonnes in Q3FY25 compared to 758,267 tonnes in previous quarter and 603,659 tonnes in the same quarter last year.
HDFC Life Insurance Co.
HDFC Life has been recommended by Parekh for upside of 5.8%. She recommends keeping the stop-loss at Rs 605. The stock has gained consecutively in the last three sessions after a three-session fall. In the last 12 months, it has gained 8%.
Tata Motors
Shah recommends buying Tata Motors for target of Rs 820, implying upside of 3.9%. He has recommended to keep stop loss at Rs 765. In the last four sessions of consecutive gains, the stock has gained 7.68% but on a 12-month basis it is trading 10.6% down.
KEC International
Krishan recommends buying KEC international at Rs 1,210 for a target of Rs 1,270. From its current market price of Rs 1,223, the target implies upside of 3.84%. Stoploss for the stock, according to Krishan is at Rs 1,180. It has gained 2% in three sessions of gains and on a 12-month basis, it has gained 86%.
Britannia Industries
Britannia is also Parekh’s pick. She recommends buying it for a target of Rs 4,950, implying 2.3% upside and keeping stop loss at Rs 4,750. In the last 12 months, the stock has fallen 7%. It is trading lower by Rs 1,635.8 from its life high.
. Read more on Markets by NDTV Profit.These stock calls have the potential to generate upsides of around 2% to 7%. Read MoreMarkets, Business, Notifications
NDTV Profit