SBI Securities' Sudeep Shah suggests buying LT Foods, 360 One Wam, other stocks

Sudeep Shah Stock Picks, Stocks to Buy Today: Headline indices closed on a positive sphere third time in a row on Thursday, Thursday, January 16, 2025. Sensex ended at 77,042.82 up 318.74 or 0.42 points and the 50 share basket closed 98 points higher at 23,311.80 amid buying in financial, energy, and power sector stocks such as HDFC Bank, ICICI Bank, State Bank of India (SBI), and NTPC. Meanwhile, IT and FMCG sector scrips, including HCLTech, Infosys, HUL, and TCS were top losers.

During the trading session, Sudeep Shah of SBI Securities recommended two midcap stocks and one large-cap stock for different investment horizons. In conversation with Zee Business Managing Editor Anil Singhvi, he shared three 'buy' calls with investment horizons ranging from 1 to 12 months.

Midcap Stock to Buy for Long Term: LT Foods (LTFOODS)

Shah recommends buying LT Foods shares for long-term targets of Rs 470 and Rs 520.

The given target for the company's stock implies a potential upside of 29.61 per cent from today's closing price. The stock closed 0.16 per cent higher from the previous close, apiece on NSE.

Positional Stock Pick: 360 One Wam (360ONE)

He has a 'buy' stance on 360 One Wam shares with Rs 1,300 and Rs 1,350 targets. The given target (1,350) implies a potential upside of 13.96 per cent as of today's CMP. He has suggested the 360 One Wam stock with a stop loss at Rs 1,150 from a perspective of 3-6 months.

Shares to buy for Short Term: Ganesh Housing (GANESHHOUC)

He recommends buying Ganesh Housing shares for targets of Rs 1,350 and 1,370. According to the given target (1,370), the stock could rise 4.18 per cent within 1-3 months. Today, Ganesh Housing shares closed 8.16 per cent higher.

(Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.)