Stocks to Buy: Analysts suggest buying Cipla, Sun Pharma, Dr Lal PathLabs and 5 more stocks for up to 27% gains; check targets
Centrum Broking has picked healthcare and pharma stocks like Sun Pharma, Dr Lal PathLabs, Cipla, Yatharth, Medanata, and several others. Let's take a look at their target prices.
The Indian stock market started in red down today, December 17, as selling seen in Nifty's PSU Bank, financial services, FMCG, and metal sectors. At 9:33 AM, the Sensex was trading at 81,548.45, down 200.12 points or 0.24 per cent, while the Nifty was trading at 24,605.5, down 62.70 points or 0.25 per cent. In early trade on Tuesday, the rupee fell one paisa to 84.92 versus the US dollar, a new lifetime low.
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Sensex and Nifty
At 12.47 PM, the Sensex was 1.11 per cent down at 80,838.94 while Nifty 50 was 1.14 per cent lower at 24,387.70.
Healthcare and pharma stocks to buy
Meanwhile, brokerage Centrum has picked healthcare and pharma stocks like Sun Pharma, Dr Lal PathLabs, Cipla, Yatharth, Medanata, several others. Let's take a look at their targets.
Sun Pharma share price target
The brokerage has chosen Sun Pharmaceutical Industries stock for a target of Rs 2,300 per share. On Monday, shares of Sun Pharma closed at Rs 1810.3 each. This means the stock has a potential upside of up to 27 per cent from its last closing price.
What is the share price target of Dr Lal PathLabs?
The analysts have chosen Dr Lal PathLabs stock for a target of Rs 3,580 each. On Monday, shares of Dr Lal PathLabs closed at Rs 2,984.1 each. This means the stock has a potential upside of up to 20 per cent from its last closing price.
Medanta share price target
The brokerage has given a target of Rs 1,270 each for Global Health (Medanta) Medanta stock. On Monday, shares of Medanta closed at Rs 1,106.9 each. This means the stock has a potential upside of up to 15 per cent from its last closing price.
What is Cipla stock target price?
The analysts have also chosen Cipla for a target price of Rs 1,670 each. The shares closed at Rs 1,448.3 per each on Monday. This means the stock has a potential upside of up to 15 per cent from its last closing price.
Aster DM Healthcare share price target
The brokerage has given a target of Rs 560 per share. On Monday, shares of Medanta closed at Rs 480.5 each. This means the stock has a potential upside of up to 17 per cent from its last closing price.
JB Chemicals share price target
The brokerage has given a target of Rs 2,230 per share. On Monday, shares of JB Chemicals closed at Rs 1823.1 each. This means the stock has a potential upside of up to 22 per cent from its last closing price.
Vijaya Diagnostic Centre Ltd
Centrum Broking has given a target of Rs 1,100 per share. On Monday, shares of Vijaya Diagnostic closed at Rs 1,058.20 each. This means the stock has a potential upside of up to 4 per cent from its last closing price.
Yatharth Hospital share price target
The brokerage has given a target of Rs 680 per share. On Monday, shares of JB Chemicals closed at Rs 616.8 each. This means the stock has a potential upside of up to 10 per cent from its last closing price.
The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.