Stocks to buy today: Sumit, Executive Director of Choice Broking has advised to buy two stocks for today. At the same time, Siddharth Khemka, Head (Research, Wealth Management), Motilal Oswal Financial Services Stocks, has also advised to choose two stocks. Ganesh Dongre, Senior Manager, Technical Research at Anand Rathi, has suggested three stock ideas for today.
These include Ramakrishna Forgings Limited, BF Utilities Limited, Grasim Industries Limited, LIC Housing Finance Limited and ITC Limited. Whereas, Vaishali Parekh, vice president of technical research at Prabhudas Lilladher, has recommended three stocks, which include Mazagon Dock Shipbuilders, Indian Hotels and FirstSource Solutions.
Ramakrishna Forgings Limited: Sumeet Bagadia has advised to buy Ramakrishna Forgings at Rs 1047.2 by keeping stop loss at Rs 1015 for a target of Rs 1125.
BF Utilities Limited: Bagadiya recommends buying BF Utilities at Rs 1112.1. It is advised to keep its target at Rs 1177 and stop loss at Rs 1075.
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Grasim Industries Limited: Ganesh Dongre recommends buying Grasim at Rs 2735 with a target price of Rs 2850 and a stop loss at Rs 2650.
INANS: Dongre advises to buy LIC Housing Finance at Rs 626 and keep the stop loss at Rs 605. Whereas, its target price has been kept at Rs 660.
ITC Limited: Dongre recommends buying ITC at Rs 498 for a target of Rs 513. Don’t forget to set stop loss at Rs 490.
Mazagon Dock Shipbuilders: Vaishali Parekh has a buy tip on Mazagon Dock Shipbuilders at Rs 4,410. Keep its target at Rs 4,600 and do not forget to set the stop loss at Rs 4,300.
Indian Hotels: Parekh advised to buy Indian Hotels at Rs 713, target Rs 728 and stop loss at Rs 700.
FirstSource Solutions: Parekh has advised to buy this stock at Rs 333 per share. Don’t forget to set a stop loss of Rs 326 for a target of Rs 360.