Stocks to Buy for Long Term: 5 largecap, 4 midcap, 3 smallcap scrips analysts are positive on; note down targets for your investment portfolio
Smallcap Stock Hits All-Time High: With Sensex and Nifty50 once again fresh peaks, investors are once again on the lookout for lucrative opportunities to add to their portfolios. The Sensex gained as much as 337.4 points, or 0.4 per cent, to an all-time high of 84,881.7 on Monday, while the Nifty50 added 134.9 points, or 0.5 per cent, to register a record high of 25,925.8, in a rally driven by strong buying interest in financial, energy, and auto stocks.
Stocks to Buy for Long Term: With Sensex and Nifty50 once again fresh peaks, investors are once again on the lookout for lucrative opportunities to add to their portfolios. The Sensex gained as much as 337.4 points, or 0.4 per cent, to an all-time high of 84,881.7 on Monday, while the Nifty50 added 134.9 points, or 0.5 per cent, to register a record high of 25,925.8, in a rally driven by strong buying interest in financial, energy, and auto stocks.
Here's a list of some of the stocks that analysts at various brokerages like from a long-term perspective, covering the largecap, midcap, and smallcap segments.
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Long-term Stock Idea | Skipper Ltd | Smallcap | Upside 44%
Axis Securities has initiated coverage on Skipper Ltd with a 'buy' rating and a target price of Rs 600.
The brokerage's target implies an upside of almost 44 per cent, as of September 20. Read more
Long-term Stock Idea | JK Lakshmi Cement | Midcap
Axis Securities has JK Lakshmi Cement as its pick of the week with a 'buy' rating and a target price of Rs 847 per share.
Long-term Stock Idea | GAIL India | Largecap
HDFC Securities has a 'buy' rating on GAIL India with a revised target price of Rs 248, instead of the Rs 260 earlier.
Long-term Stock Idea | Birla Corporation | Midcap
Axis Securities has maintained a positive long-term outlook on Birla Corporation.
The brokerage has a 'buy' rating on the stock with a target price of Rs 1,500, implying an upside of 14.5 recent from its September 20 close.
Long-term Stock Idea | Ugro Capital | Smallcap
InCred Equities has an 'add' rating on Ugro Capital with a target price of Rs 350.
According to the brokerage, Ugro is well-positioned to enter the next phase of its growth with a rising market share in the growing landscape of MSME lending.
Long-term Stock Idea | M&M | Largecap
SBI Securities has a 'buy' rating on SUV maker Mahindra & Mahindra (M&M) with a target price of Rs 3,345.
Long-term Stock Idea | Vinati Organics | Midcap
InCred Equities has maintained an 'add' rating on Vinati Organics with a target price of Rs 2,772.
As of September 20, the brokerage's target implies a potential upside of almost 42 per cent in the specialty chemicals stock.
Long-term Stock Idea | PCBL | Midcap
SBI Securities has a 'buy' rating on PCBL Ltd with a target price of Rs 584.4 rupees per share.
The brokerage's target price implies an upside of almost 13 per cent in the stock.
Long-term Stock Idea | Lupin | Largecap
InCred Equities has an 'add' rating on Lupin with a target price of Rs 2,329.
Long-term Stock Idea | Pitti Engineering | Smallcap
Axis Direct has a 'buy' call on Pitti Engineering with a target price of Rs 1,572.
The target price implies an upside of more than 22 per cent over the September 20 close.
Long-term Stock Idea | Zydus Lifesciences | Largecap
InCred Equities has an 'add' rating on Zydus Lifesciences with a target price of Rs 1,330.
The target suggests an upside of 26 per cent in the stock from its September 20 close.
Long-term Stock Idea | Emami | Largecap
InCred Equities has an 'add' call on Emami with a target price of Rs 925.
The target price implies a potential upside of more than 23 per cent in the FMCG stock.