Stocks to buy: MGL, Caplin Point, UPL among analysts' top picks this week
On the analysts' 'buy' list are stocks such as Mahanagar Gas Ltd (MGL), Caplin Point Labs, Hindustan Unilever Ltd (HUL) and IDFC First Bank.
Stocks to buy: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Himanshu Gupta, Kunal Saraogi, Sandeep Jain and Mehul Kothari share their top stock recommendations in this special segment, Pick of the Week. On the analysts' 'buy' list are stocks such as Hindustan Unilever Ltd or HUL (HINDUNILVR), Mahanagar Gas Ltd (MGL), Caplin Point Laboratories (CAPPL) and IDFC First Bank (IDFCFIRSTB).
(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.)
Buy UPL shares, says Kunal Saraogi
Kunal Saraogi of Equity Rush likes the fertiliser space where he believes UPL is yet to stage a strong upmove. He suggests entering at the current levels for targets of Rs 622 and Rs 630 with a stop loss at Rs 604.
Buy HUL shares, says Rakesh Bansal
Rakesh Bansal of Rakesh Bansal Ventures suggests buying Hindustan Unilever Ltd (HUL) shares for a target of Rs 2,600 with a stop loss at Rs 2,500.
Buy Mahanagar Gas Ltd (MGL) shares, says Himanshu Gupta
Himanshu Gupta of Globe Capital Markets has a conditional 'buy' call on Mahanagar Gas Ltd (MGL) shares at Rs 1,190 for targets of Rs 1,250 and Rs 1,275 with a stop loss at Rs 1,170.
Buy IDFC First Bank shares, says Mehul Kothari
Mehul Kothari of Anand Rathi Shares & Stock Brokers expects more upside in the IDFC First Bank stock. He has placed his positional target for the stock at Rs 98 with a stop loss at Rs 86.
Buy Caplin Point Labs shares, says Sandeep Jain
Sandeep Jain of Tradeswift Broking recommends buying Caplin Point Laboratories shares.