Stocks To Buy, Oct 6: PL Recommends Tata Group Dividend Stock, FMCG Stock

Prabhudas Lilladher has recommended investors to buy 2 stocks offering potential to soar. These two stocks are Tata Consultancy Services Ltd (TCS) and LT Foods (Daawat). The analyst has assigned buy call to TCS share with target price of Rs 3750 per share and maintain stop loss at Rs 3500 per share. PL has given buy rating to LT Foods (Daawat) with target price of Rs 182 and maintain the stop loss at Rs 170 apiece, respectively. Check details below:

1. Buy TCS Share: PL has suggested investors to buy TCS stock with target price of Rs 3750 per share. Current market price of TCS share on BSE is Rs 3628.20 with intraday gain of 1.09%. The company has a market capitalisation of Rs 13,27,137.93 crore. Its 52-week high price is Rs 3633.05 per share and 52-week low price is Rs 3013.05 per share, respectively. TCS shares gained 20% in last 6-months, rallied 10% in last 1-year, soared 72% in last 3-years, and offered return of 317% in last 5-years.

IT Software sector company, Tata Consultancy Services Ltd will consider its second interim dividend and approve the audited standalone financial results on October 11, 2023 for the period ending September 30, 2023.

TCS Q1 Dividend: Earlier this year, Tata Consultancy Services Declared Dividend On July 12, 2023. As per the BSE filing of TCS, "We would like to inform you that at the Board Meeting held today, the Directors have declared an interim dividend of Rs 9 per Equity Share of Re 1 each of the Company.

2. Buy LT Foods (Daawat) Ltd Share: The brokerage firm has assigned buy call to LT Foods with target price of Rs 182. Current market price of LT Foods Ltd share is Rs 173.25 per share with intraday fall of 0.20%. Its 52-week high price is Rs 194.15 per share and 52-week low price is Rs 90.11 per share, respectively. The company's market capitalisation is Rs 6016.16 crore. LT Foods shares offered return of 77% in last 6-months, rallied 48% in last 1-year, gained 147% in last 2-years, and soared 225% in last 3-years. In last 10-years, LT Foods stock surged 2263%.

Disclaimer

The stocks have been picked from the brokerage report of Prabhudas Lilladher. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.