Election Results Day: NTPC, Indian Oil, Bank of Baroda, Canara Bank, RVNL, other stocks analysts are bullish on; note down targets

Election Results Day: On the top analysts' 'buy' list are stocks such as NTPC, Indian Oil Corporation Ltd (IOCL), Bank of Baroda (BoB), Canara Bank, and Rail Vikas Nigam Ltd (RVNL).

ZeeBiz WebTeam | Jun 04, 2024, 10:49 AM IST

Election Results Day: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Kunal Saraogi, Vishvesh Chauhan, Sumeet Bagadia, Mehul Kothari, Jai Thakkar, Siddharth Sedani and Vikas Sethi share their top stock recommendations on June 4 in this special segment, Note Sabha. Their views come as the counting of votes is underway for the 2024 general elections.

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Buy NTPC shares, says Kunal Saraogi

Buy NTPC shares, says Kunal Saraogi

Kunal Saraogi of Equityrush recommends buying NTPC shares for a target of Rs 400 with a stop loss at Rs 386.

2/11

Buy ITDC shares, says Sandeep Jain

Buy ITDC shares, says Sandeep Jain

Sandeep Jain of Tradeswift Broking recommends buying India Tourism Development Corp (ITDC) shares for targets of Rs 790 and Rs 830.

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Buy Star Cement shares, says Sandeep Jain

Buy Star Cement shares, says Sandeep Jain

Jain also recommends buying the Star Cement stock for targets of Rs 255 and Rs 260.

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Buy Ashoka Buildcon shares, says Vishvesh Chauhan

Buy Ashoka Buildcon shares, says Vishvesh Chauhan

Vishvesh Chauhan of Chase Alpha Investment Advisors recommends buying Ashoka Buildcon shares for targets of Rs 240 and Rs 260 with a stop loss at Rs 180.

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Buy Bank of Baroda shares, says Vishvesh Chauhan

Buy Bank of Baroda shares, says Vishvesh Chauhan

Chauhan also suggests buying the Bank of Baroda (BoB) stock for targets of Rs 340 and Rs 380 with a stop loss at Rs 280.

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Buy Indian Oil shares, says Sumeet Bagadia

Buy Indian Oil shares, says Sumeet Bagadia

Sumeet Bagadia of Choice Broking recommends buying Indian Oil Corporation Ltd (IOCL) shares for targets of Rs 190 and Rs 200 with a stop loss at Rs 165.

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Buy RBL Bank shares, says Mehul Kothari

Buy RBL Bank shares, says Mehul Kothari

Mehul Kothari of Anand Rathi Securities recommends buying RBL Bank shares for a target of Rs 300 with a stop loss at Rs 240. 

He also suggests buying Container Corporation (CONCOR) shares for a target of Rs 2,000 with a stop loss at Rs 800.

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Buy Petronet LNG shares, says Jay Thakkar

Buy Petronet LNG shares, says Jay Thakkar

Jay Thakkar of ICICI Securities recommends buying Petronet LNG shares for targets of Rs 360 and Rs 380. He also recommends buying the Gujarat Gas stock for a target of Rs 700.

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RVNL, Canara Bank, ITD Cementation

RVNL, Canara Bank, ITD Cementation

Vikas Sethi of Sethi Finmart recommends buying four stocks: Rail Vikas Nigam Ltd (RVNL), Canara Bank, and ITD Cementation.

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RVNL, Canara Bank, ITD Cementation

RVNL, Canara Bank, ITD Cementation

For Canara Bank, Sethi has placed his target at Rs 135 with a stop loss at Rs 125.

He recommends buying RVNL shares for a target of Rs 425 a stop loss at Rs 395.

He suggests buying ITD Cementation shares for a target of Rs 445 with a stop loss at Rs 410.

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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.

 

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