which is best share to buy

Buy Maruti Suzuki, target price Rs 6,230: Emkay Global

Apr 17, 2020

The brokerage has reduced earnings estimates by 36%/23% for FY21E/F22E to factor in near-term volume pressures.

Buy Sundaram Finance, target price Rs 1,541: Arihant Capital

Apr 17, 2020

The residual income based target price implies 28 per cent upside from current level and hence the recommendation has been upgraded to buy from accumulate.

Buy NTPC, target price Rs 125: Jefferies

Apr 17, 2020

Jefferies is positive on NTPC from an earnings growth perspective.

SCHEME NAMERATING1 M
(%)3 M
(%)6 M
(%)1 YR
(%)3 YRS
(%)Axis Long Term Equity Direct-G★★★★★-1.70-18.95-14.42-7.926.51INVEST NOWAxis Long Term Equity-G★★★★★-1.77-19.11-14.75-8.685.48INVEST NOWMirae Asset Tax Saver Direct-G★★★★★4.49-22.48-14.01-13.805.13INVEST NOWFEATURED
L&T Tax Advantage Fund Direct-Growth
ELSS★★★★★1.66-24.82-17.64-19.75-2.84INVEST NOW

More from ELSS »

– Top rated funds sorted on 3 years return.
– Returns less then 1 year are absolute and above 1 year are annualised.

Hold Wipro, target price Rs 190: JM Financial

Apr 17, 2020

The brokerage is disappointed with the subdued margin outlook indicative of the limited ability of the software major’s cost structure to absorb the revenue headwinds vis-a-vis the larger peers.

Buy Mannapuram Finance, target price Rs 170: Arihant Capital

Apr 17, 2020

According to the brokerage, there is minimal asset quality risk in Manappuram’s business as gold loan has a huge share in the total loan portfolio.

Buy Bandhan Bank, target price Rs 270: Arihant Capital

Apr 17, 2020

The brokerage upgraded the rating to ‘buy’ from ‘accumulate’ with a revised target price of Rs 270, giving a potential upside of 40 per cent from current level.

SUBSCRIBE TO:MARKETS NEWSLETTER

Stocks, bonds, money and more, track what’s keeping the bourse movingSubscribe

Sample Newsletter

BULL’S EYE

Market Movers

Markets Videos

Powered by 

ET NOW

Hold City Union Bank, target price Rs 139: Arihant Capital

Apr 17, 2020

The bank will be looking at increased withdrawals driving its cost higher while fallen interest rates will check the yields the bank has been generating, thereby putting stress on the bank’s NIMs.

Add Wipro, target price Rs 220: Centrum

Apr 17, 2020

The brokerage expects a sizable payout to shareholders through buyback in September 2020.

Buzzing Stock: Emkay Global has sell rating on TCS, target Rs 1,520

Apr 17, 2020

Overall recessionary pressures are likely to result in a significant hit to TCS as well, notwithstanding its strong execution and relative positioning with clients.

Stock Ideas: Motilal has neutral rating on TCS, target Rs 1,716

Apr 17, 2020

The rating takes into account the current volatile environment, weak outlook and rich multiples (21 times FY21E EPS).

Buy Adani Ports & Special Economic Zone, target price Rs 280: Shrikant Chouhan

Apr 17, 2020

The analyst suggested a stoploss at Rs 262.5 .

Buy UltraTech Cement, target price Rs 3,660: Shrikant Chouhan

Apr 17, 2020

The analyst suggested a stoploss at Rs 3490 .

Buy Balkrishna Industries, price target Rs 940: Shrikant Chouhan

Apr 17, 2020

The analyst suggested a stoploss at Rs 889 .

Buy Hero MotoCorp, price target Rs 1,860: Shrikant Chouhan

Apr 17, 2020

The analyst suggested a stoploss at Rs 1760 .

Buy PI Industries, target price Rs 1,721: Haitong

Apr 17, 2020

PI offers robust growth opportunities in the high margin segment from the medium- to long-term perspective.

Macquarie has outperform rating on HDFC Bank, target price Rs 1,124

Apr 17, 2020

The bank has identified three contenders to succeed MD Aditya Puri who is slated to retire in October this year.

Buy Axis Bank, target price Rs 530: Arihant Capital

Apr 16, 2020

The bank in the long run will be able to pick up pace of growth once the air around the covid-19 impact clears and business demands regenerate.

Buy Siemens, target price Rs 1,336: Anand Rathi

Apr 16, 2020

The company has balance-sheet strength to support it in dicey times.

Buy Reliance Industries, target 1,400: HDFC Securities

Apr 16, 2020

The brokerage has cut FY21/22E EPS by up to 33% and the target price by 11% to Rs 1,400 factoring up to 31% lower downstream margins.

Hold Wipro, target price Rs 214: Edelweiss

Apr 16, 2020

While the decline in Q4FY20 revenue was minuscule, the brokerage anticipates a significant impact in the first half of FY21.

Hold IndusInd Bank, target price Rs 447: Arihant Capital

Apr 16, 2020

The bank will have to compromise its book size growth by any means if the large corporate book goes sour to default.

Accumulate ICICI Bank, target price Rs 395: Arihant Capital

Apr 16, 2020

ICICI Bank’s valuation t is expected to remain beaten down for some more time while the economy keeps underperforming.

Neutral on Grasim, target price Rs 575: Motilal Oswal

Apr 16, 2020

he management has decided to put a planned capex of Rs 38.8 billion for FY21 on hold and will take further decisions based on the demand outlook.

Neutral on Wipro, target price Rs 188: Motilal Oswal

Apr 16, 2020

Given the heightened uncertainty both at the sector and company level, multiples are likely to remain subdued.

Buy SBI, target price Rs 259: Arihant Capital

Apr 16, 2020

The brokerage says SBI will probably see the highest increase in slippages for the first quarter and first half of FY20 with a large exposure to almost every business in India.

Buy HDFC Bank, target price Rs 1,111: Arihant Capital

Apr 16, 2020

The brokerage says the fluctuating market valuations of the bank will continue for the time being and stabilise as soon as the crisis ends before spiking up again.

Buy Gujarat Gas, target price Rs 265: Jayesh Bhanushali

Apr 16, 2020

The analyst suggested a stoploss at Rs 235 .

Buy Info Edge (India), target price Rs 2,600: Jayesh Bhanushali

Apr 16, 2020

The analyst suggested a stoploss at Rs 2185 .

Buy Bajaj Finserv, target price Rs 7,150: Kotak Institutional Equities

Apr 16, 2020

The brokerage likes the franchise of Bajaj Finance and remains assertive on its ability to get back on growth track.

Credit Suisse maintains outperform on Bharti Airtel, target price Rs 600

Apr 16, 2020

Extended lockdown expected to push bank realisation from December tariff hikes and moderate subscriber market share gains for firm in the near term.

Buy NTPC, target price Rs 125: Jefferies

Apr 16, 2020

There could be some cut in the FY21 regulated ROE of generation firms to offset lockdown impact for discoms, said Jefferies.

Buy Dr Reddy’s Labs, target price Rs 4,382: Anand Rathi

Apr 15, 2020

Apart from a strong product profile, the company benefits from a diverse geographic presence with major markets being USA, India, Russia, CIS regions and Europe.

Buy HCL Technologies, target price Rs 540: Anand Rathi

Apr 15, 2020

Considering the revenue growth aided by IBM products acquisition and a depreciating rupee favouring margin expansion, the brokerage has reiterated its buy rating on HCL Technologies.

Buy Reliance Industries, target price Rs 1,390: Anand Rathi

Apr 15, 2020

The company has a very clear roadmap to becoming a zero net debt company within the next 12 months (by 31st March 202)1.

Buy Galaxy Surfactants, target price Rs 1,630: ICICI Securities

Apr 15, 2020

The Tarapore plant is expected to be back in limited operations in next seven days and damages most likely to be recovered from insurance.

Buy Federal Bank, target price Rs 72: ICICI Securities

Apr 15, 2020

The brokerage believes the bank is well positioned to navigate the current challenges with minimal impact on its asset quality given that its retail+SME portfolio is mostly secured.

Buy Hindalco, target price Rs 199: ICICI Securities

Apr 15, 2020

At current valuations, a large part of the acquisition negatives are already built-in.

Hold Oriental Carbon & Chemicals, target price Rs 715: ICICI Direct

Apr 15, 2020

On the valuation front, the brokerage was constrained by the limit to capital efficiency parameters.

Hold Elgi Equipments, target price Rs 115: ICICI Direct

Apr 15, 2020

Elgi’s strategy to manage business on cash and remain financially strong would help them deal with challenges.

Hold Greenpanel Industries, target price Rs 30: ICICI Securities

Apr 15, 2020

the Covid-19 outbreak and the ensuing lockdown could turn out to be a blessing in disguise for the MDF category in general and Greenpanel Industries in particular.

Hold ONGC, target price Rs 66: ICICI Securities

Apr 15, 2020

A recovery in oil prices would augur well for ONGC’s earnings outlook in the second half of FY21.

Sell Bata India, target price Rs 1,100: Suruchi Kapoor

Apr 15, 2020

The analyst suggested a stoploss at Rs 1250 .

Buy Larsen & Toubro, target price Rs 920: Suruchi Kapoor

Apr 15, 2020

The analyst suggested a stoploss at Rs 820 .

Buy Aurobindo Pharma, target price Rs 560: Suruchi Kapoor

Apr 15, 2020

The analyst suggested a stoploss at Rs 475 .

Buy Bandhan Bank, target price Rs 350: Motilal Oswal

Apr 15, 2020

Bandhan has reported strong deposit growth numbers in an environment where faith of depositors is already fragile, said Motilal Oswal.

Buy Avenue Supermarts, target price Rs 2,800: HSBC

Apr 15, 2020

While the footfalls are lower, consumers tend to buy two to three times the average basket to avoid coming to stores frequently, said HSBC.

Macquarie has outperform on United Spirits, target price Rs 547

Apr 15, 2020

The analyst suggested a stoploss at Rs $stopLossL .

Neutral on Godrej Consumer Products, target price Rs 620: Motilal Oswal

Leave a Reply

Your email address will not be published. Required fields are marked *

Releated

Best Stocks to Buy in India for Long Term Investment

Company Name Current Market Price Target Price Adani Ports & Special Economic Zone Ltd 362 474 Aurobindo Pharma Ltd 552 826 Bharti Airtel Ltd 413 573 Hindalco Industries Ltd 206 310 Indiabulls Housing Finance Ltd 1200 1561 Indian Oil Corp Ltd 169 247 State Bank of India SBIN 235 360 Tata Motors Ltd 331 479 […]

Let us understand leverage with an example:

Leverage is the ability to trade a large position (i.e. a large number of shares or contracts) with only a small amount of trading capital (i.e. margin). Leverage can also be defined as the use of borrowed money to increase returns. Professional traders extensively make use of leverage to magnify their returns from relatively small […]

Global market: Asia weak, pressure on SGX NIFTY, record weekly rise in Dow

Asian markets are seeing weakness. SGX NIFTY also sees 0.7 percent pressure. Today, Dow Futures is seeing a pressure of 300 points. However, there was a record weekly increase in US markets last week. The sentiment was improved by Fed’s major economic moves and the pace of the Corona transition. Last week, the Dow saw […]

Share via
Copy link
Powered by Social Snap