Pick of the week: Analysts bullish on Safari Industries, Mphasis among other stocks in the short term
As Indian equities going ahead are seen to take directional cues from Q3 earnings updates as well as what Trump does after taking office as the US President on January 20, here are the 'Picks for the week' as given out by Zee Business' panelists.
Pick of the week: Mphasis
Rakesh Bansal of Rakesh Bansal Ventures has recommeded buying Mpasis for the week.
Pick of the week: Mphasis target
For the IT sector scrip, the expert has suggested Rs 2,950 as the initial target, while the final target is pegged at Rs 3,000, with stop loss recommended at Rs 2,815 per share.
Pick of the week: Mahanagar Gas Ltd.
Mehul Kothari- AVP-Technical Research at AnandRathi Shares suggest buying leading gas supplier Mahanagar Gas.
Pick of the week: Mahanagar Gas target price
The 'buy' is recommended for a target of Rs 1,400 and the suggested stop loss is Rs 1,250 per share.
Pick of the week: Marico
Sandeep Jain, Co-founder, Tradeswift Broking recommends buying Marico for this week.
Pick of the week: Marico target price
The expert for the scrip has given the target at Rs 690/ Rs 695 and a stop loss of Rs 640.
Pick of the week: Paradeep Phosphates
Jain has also recommended buying this fertiliser scrip for a target of Rs 135/Rs 140 and a stop loss at Rs 113.
Pick of the week: Safari Industries
Jain is also bullish on the luggage company Safari Industries.
Pick of the week: Safari Industries target
The expert has suggested an initial target of Rs 2,790 and the final target is pegged at Rs 2,830 with the stop loss at Rs 2,590 per share.