Bank of Baroda, Larsen & Toubro, Kaveri Seed: Axis Direct recommends buying these 5 stocks for 5-15 days | Check targets
Axis Direct Top 5 Stocks: In Thursday's session, domestic equities ended lower after the RBI maintained the status quo taking congnisance of the inflationary outlook.
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Stock Market Today
At the closing, Nifty ended just above 24,100 levels, down 0.74 per cent or 180.5 points at 24,117 levels, while the 30-scrip BSE Sensex ended at 78,886.22, down 0.73 per cent or 581.79 points. Amid this, brokerage Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
Stocks to Buy: Axis Direct's Pick
The brokerage has recommended five stocks including Bank of Baroda, Kaveri Seed Co Ltd, Goldiam International Ltd, Larsen & Toubro and Amber Enterprises India. These stocks can generate huge profits in the next 5-15 days.
Bank of Baroda EQ Share Price Target
The first stock picked by Axis Direct is the Bank of Baroda. This stock is currently trading at Rs 241.35. The brokerage has given a target price of Rs 263 with a stop loss of Rs 239. The recommended entry price ranges from Rs 243 to Rs 245.
Target Price: Rs 263
Stop Loss: Rs 239
Kaveri Seed Co Ltd EQ Share Price Target
The second stock picked by the brokerage is Kaveri Seed Co Ltd, with a target price of Rs 1,220 and a stop loss of Rs 1,068. The recommended entry price ranges from Rs 1,084 to Rs 1,095.
Target Price: Rs 1,220
Stop Loss: Rs 1,068
Goldiam International Ltd EQ Share Price Target
Axis Direct has given a BUY recommendation to Goldiam International Ltd as well. The stock is currently trading at Rs 193.71. The target price of the stock is Rs 213 with a stop loss of Rs 185.
Target Price: Rs 213
Stop Loss: Rs 185
Larsen & Toubro EQ Share Price Target
Axis Direct also picked Larsen & Toubro. The brokerage has given a target price of Rs 3,918 for the stock with a stop loss of Rs 3,550. The recommended entry price ranges from Rs 3,600 to Rs 3,642.
Target Price: Rs 3,918
Stoploss: Rs 3,550
Dilip Buildcon EQ Share Price Target
The brokerage firm has a BUY recommendation on Dilip Buildcon India as well. The stock is currently trading at Rs 536.35. The target price of the stock is Rs 599 with a stop loss of Rs 535. The recommended entry price ranges from Rs 546 to Rs 551.
Target Price: Rs 599
Stop Loss: Rs 535