Stocks to buy for up to 3 months: HDFC Securities picks these 7 stocks | Know targets, stop losses
Stocks to Buy: In Tuesday's session, domestic equities ended listless even as the volatility index saw a drop. At the close, Nifty ended above 25,000 after inching very close to its earlier record high logged on August 1. While the BSE 30-stock index Sensex ended 0.02 per cent or 13.65 points at 81,711.76 points.
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HDFC Securities Top Picks
Ahead of the market opening on Wednesday, brokerage HDFC Securities picked seven stocks. These are - Glenmark Life Sciences, CEAT Ltd, Avanti Feeds, Rallis India, Borosil Renewables, Apollo Hospitals Enterprise, and Vedant Fashions. It has given targets for these stocks for up to three months. Know brokerage ratings, target prices, and stop losses for these stocks.
Glenmark Life Sciences Share Target Price (CMP Rs 1018.5)
HDFC Securities has picked Glenmark Life Sciences for a target of three months. It has given a 'buy' rating on the company with a target price of Rs 1104, a 8.39 per cent potential upside. The stop loss for the share is Rs 892.
Target Price: Rs 1104
Stop Loss: Rs 892
CEAT Ltd Share Target Price (CMP Rs 2871.30)
The brokerage has picked the stock for a duration of three months. It has given a 'buy' call on the firm with a target price of Rs 3193, a potential upside of 11.20 per cent, and a stop loss at Rs 2575.
Target Price: Rs 3193
Stop Loss: Rs 2575
Avanti Feeds Ltd Share Target Price (CMP Rs 686.2)
The brokerage has a three-month horizon for the stock. It has given a Rs 819 target for the stock, a potential upside of 19.35 per cent, and a stop loss of Rs 664.
Target Price: Rs 819
Stop Loss: Rs 664
Rallis India Ltd Share Target Price (CMP Rs 490.7)
The brokerage has picked the stock for a duration of three months. It has given a 'buy' call on the firm with a target price of Rs 401, a potential upside of 13.09 per cent, and a stop loss at Rs 320.
Target Price: Rs 401
Stop Loss: Rs 320
Borosil Renewables Ltd Share Target Price (CMP Rs 512.1)
The brokerage has given a three-month horizon to the company. It has given a 'buy' call on the firm with a target price of Rs 625, a potential upside of 22.05 per cent, and a stop loss at Rs 486.
Target Price: Rs 625
Stop Loss: Rs 486
Apollo Hospitals Enterprise Ltd Share Target Price (CMP Rs 6788)
The brokerage has picked the stock for a duration of two months. It has given a 'buy' call on the firm with a target price of Rs 7300, a potential upside of 8.54 per cent, and a stop loss at Rs 6300.
Target Price: Rs 7300
Stop Loss: Rs 6300
Vedant Fashions Ltd Share Target Price (CMP Rs 1205)
HDFC Securities has a three-month horizon for the stock. It has given a share price target of Rs 1270, a 5.39 per cent potential upside, and a stop loss at Rs 999.
Target Price: Rs 1270
Stop Loss: Rs 999