Stocks to buy: REC, Vedanta, IGL among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts share their top stock recommendations.
Stocks to buy: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Avinash Gorakssakar, Rakesh Bansal, Kunal Saraogi and Sumeet Bagadia share their top stock recommendations in this special segment, Pick of the Day.
On the top analysts' 'buy' list are stocks such as National Aluminium Company Limited (NALCO), Vedanta, BLS International Services, Associated Alcohols & Breweries, Indus Towers, Power Mech Projects, REC Limited and Indraprashta Gas Limited (IGL).
(Disclaimer: The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult their investment advisers before making any financial decision.)
NALCO
Himanshu Gupta of Globe Capital Markets recommends buying National Aluminium Company Ltd (NALCO) shares for targets of Rs 142 and Rs 145 with a stop loss at Rs 133.
BLS International Services
Avinash Gorakssakar of Profitmart Securities recommends buying BLS International Services for targets of Rs 440 and Rs 450 with a perspective of Rs 6-12 months.
Indus Towers, Power Mech
Rakesh Bansal of Rakesh Bansal Ventures recommends buying Indus Towers shares for a target of Rs 230 with a stop loss at Rs 212.
He also has a 'buy' call on Power Mech Projects, with a one-year target of Rs 6,000 with a stop loss at Rs 4,600.
REC
Kunal Saraogi of Equityrush recommends buying REC Ltd futures for targets of Rs 450 and Rs 460 with a stop loss at Rs 434.
IGL
Sumeet Bagadia of Choice Broking recommends buying IGL shares for targets of Rs 445 and Rs 455 with a stop loss at Rs 421.
Vedanta
Himanshu Gupta of Globe Capital Markets has a ‘buy’ call on Vedanta shares. He has placed his targets for the stock at Rs 285 and Rs 290 with a stop loss at Rs 272.
Associated Alcohols & Breweries
Avinash Gorakssakar of Profitmart Securities recommends going long on Associated Alcohols & Breweries shares for targets of Rs 600 and Rs 625 over a horizon of 6-12 months.