10 Stocks to Buy, Sell, and Hold: Brokerages pick Aurobindo Pharma, PNC Infratech Ltd, Info Edge (India), JK Lakshmi Cement, and more
Domestic indices BSE Sensex and Nifty 50 were off to a poor start on Thursday (May 30, 2024) due to weak global cues. Selling was seen in the IT, FMCG, and oil and gas sectors. Emami Ltd rose nearly 19 per cent on the back of strong Q4 results. On the other hand, PSU multibagger SJVN slipped over 5.80 per cent after weak January-March quarter results. Ahead of market opening, brokerages such as KRChoksey Axis Direct, Edelweiss, ICICI Direct, BoB Capitals, and Geojit have picked a number of stocks such as PNC Infra, Automotive Axles, Indo Count Industries, JK Lakshmi Cement, Balkrishna Industries, Aurobindo Pharma, and Sundaram Finance Limited. Know which of the stocks have buy, hold, accumulate, and sell calls.
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ICICI Direct on PNC Infratech Ltd
The brokerage has given a 'buy' call on the firm. The target price for the stock is Rs 620.
Axis Direct on Sundaram Finance
The brokerage has given a 'hold' call on the finance firm. It has given a target of Rs 4,550.
KRChoksey on Aurobindo Pharma
The brokerage has suggested 'accumulating' the pharma large-cap stock. Its target for the stock is Rs 1,295.
Axis Direct on Automotive Axles Ltd
The brokerages has a 'buy' stance on the firm. Its share price target is Rs 2,175.
Edelweiss on Indo Count Industries
Edelweiss has a 'buy' rating for the firm. It has given a target of Rs 433.
KRChoksey on Balkrishna Industries
The brokerage has given a 'sell' call on the company. Its share price target is Rs 2,998.
Geojit on Info Edge (India) Ltd (CMP Rs 5,921)
The brokerage has given a 'buy' call on Info Edge (India). Its share price target for the stock is Rs 6,935 (12 months).
Bob Capital Markets on JK Lakshmi Cement
The brokerage has given a 'sell' call on the cement giant. The brokerage's target price for the stock is Rs 710.
Geojit on Jyothy Labs Limited
The brokerage has recommended 'accumulating' the stock with 12-month share price target of Rs 478, a 15 per cent upside.
Geojit on FSN E-Commerce Ventures Ltd (CMP Rs 162)
The brokerage has given a 'buy' call on the firm with a target price of Rs 186 for the 12 months.