Stocks to buy: SBI, Bajaj Finance and other long-term picks by HDFC Securities; check out target price
During a massive crash in the Indian stock market, where Sensex is down over 2000 points and Nifty is trading near 24,000, HDFC Securities has recommended buying some long-term stocks. From Bajaj Finance to SBI, here is a list of companies the brokerage is bullish on.
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Bajaj Finance
Bajaj Finance:
The brokerage gave a target of Rs 8,810.
Jyothy Labs
Jyothy Labs:
Target- Rs 575.
Federal Bank
Federal Bank:
Target- Rs 195.
ICICI Bank
ICICI Bank:
Target Rs 1,270.
JK Lakshmi Cement
JK Lakshmi Cement:
Target- Rs 1,015.
Kotak Mahindra Bank
Kotak Mahindra Bank:
Target Rs 2,025.
Larsen & Toubro (L&T)
Larsen & Toubro (L&T):
Target Rs 4,033.
Maruti Suzuki
Maruti Suzuki:
Target- Rs 13,612.
Kalpataru Projects
Kalpataru Projects:
Target- Rs 1,702.
State Bank of India (SBI)
State Bank of India (SBI):
Target- Rs 1,040.
Stylam Industries
Stylam Industries:
Target- Rs 2,750.
Sun Pharmaceutical
Sun Pharmaceutical:
Target- Rs 1,750.
Syrma SGS Technology
Syrma SGS Technology:
Target- Rs 600.
Cummins India
Cummins India:
Target- Rs 4,328.
Sobha Ltd
Sobha Ltd:
Target- Rs 2,639.