PB Fintech, Gland Pharma, Pennar Industries: Axis Direct recommends buying 5 stocks for 5-15 days
Axis Direct Top 5 Stocks: In Thursday's session, domestic equity benchmarks recovered much of their intraday losses to close barely below the flatline amid volatile trade. The Sensex lost 27.4 points to end at 79,897.3 while the Nifty50 settled at 24,316, down 8.5 points for the day. Amid this, brokerage firm Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
Disclaimer: The views/suggestions/advices expressed here in this article are solely by brokerage firm. Zee Business suggests its readers consult their investment advisers before making any financial decision.
Stocks to Buy: Axis Direct's Pick
The brokerage firm has recommended five stocks including PB Fintech Limited, Gland Pharma, Pennar Industries, Mazagon Dock and ONGC. These stocks can generate huge profits in the next 5-15 days.
PB Fintech EQ
The first stock picked by Axis Direct is PB Fintech Limited. This stock is currently trading at Rs 1470.85. The brokerage has given a target price of Rs 1,638 with a stop loss of Rs 1,432. The recommended entry price ranges from Rs 1,455 to Rs 1,470.
Target Price: Rs 1,638
Stop Loss: Rs 1,432
Gland Pharma EQ
The second stock picked by the brokerage firm is Gland Pharma, with a target price of Rs 2,200 and a stop loss of Rs 1,990. The recommended entry price ranges from Rs 2,025 to Rs 2,056.
Target Price: Rs 2,200
Stop Loss: Rs 1,990
Pennar Industries EQ
The brokerage firm has a BUY recommendation on Pennar Industries as well. The stock is currently trading at Rs 176.33. The target price of the stock is Rs 190.50 with a stop loss of Rs 172.50. The recommended entry price ranges from Rs 175.23 to Rs 177.
Target Price: Rs 190.50
Stop Loss: Rs 172.50
Mazagon Dock EQ
Axis Direct has given a BUY recommendation to Mazagon Dock as well. The stock is currently trading at Rs 5744.45. The target price of the stock is Rs 6,150 with a stop loss of Rs 5,450.
Target Price: Rs 6,150
Stoploss: Rs 5,450
ONGC EQ
Axis Direct also picked ONGC. The brokerage has given a target price of Rs 318 for the stock with a stop loss of Rs 300. The recommended entry price is Rs 305.
Target Price: Rs 318
Stoploss: Rs 300