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Sharekhan Suggests 10 Stock Ideas To Buy Or Hold
Leading stock-broking firm Sharekhan has placed a 'buy' or 'hold' rating on 10 stocks from across sectors and market capitalisation. The firm sees significant growth potential from each of them. The companies posted mixed results, as some of them witnessed strong growth while others showed margin improvement while rendering net losses.
Most of the companies are related to pharmaceutical & healthcare sector while some others are from auto ancillaries and oil & gas sectors.
The details are given below.
| Company name | Recommendation | Target price | Current market price (Rs/share) |
|---|---|---|---|
| Lumax Auto Technologies | Buy | 406 | 346.70 |
| Strides Pharma Science Ltd | Buy | 450 | 396.05 |
| Insecticides India | Buy | 540 | 462.75 |
| Gateway Distriparks Ltd | Buy | 80 | 71.29 |
| Torrent pharma | Hold | 1,910 | 1,797.65 |
| Suprajit Engineering Ltd | Buy | 439 | 397.55 |
| Aurobindo Pharma Ltd | Hold | 716 | 671.30 |
| Sun Pharma | Buy | 1,123 | 1015.20 |
| ONGC | Hold | 170 | 153.45 |
| NOCIL | Buy | 260 | 221.55 |
Disclaimer
The stocks have been picked up from the brokerage reports of Sharekhan. Greynium Information Technologies, the author or the brokerage firm will not be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.
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