As the Street has entered the F&O expiry week the Indian Equity benchmarks BSE SENSEX and NSE Nifty50 have shown an up move on Monday. Though the metal stocks have limited the upside, the other sectors have pushed the indices higher.
Here is a list of shares that investors can consider buying for an upside of up to 61%
1. Krishna Institute of Medical Sciences Ltd (KIMS):
The company has reported an increase in YoY revenue by 4%, although the company’s revenue QoQ revenue has decreased by 5% due to the slowdown in the business due to the third wave of Covid in January 2022. Edelweiss has given a buy call on KIMs
- CMP: ₹ 1,271.65
- Target: ₹ 1832
- Upside: 44.06
- Date: May 21, 2022
2. Prince Pipes and Fittings Ltd (PRINCEPIPE):
HDFC Securities has maintained a ‘buy’ rating on the shares of prince pipes
- CMP: ₹ 642.55
- Target: ₹ 875
- Upside: 36.18
- Date: May 21, 2022
3. JK Lakshmi Cement (JKLAKSHMI):
HDFC Securities has a ‘buy’ rating on the shares of JK Lakshmi Cement
- CMP: ₹ 473.55
- Target: ₹ 735
- Upside: 55.21
- Date: May 19, 2022
4. Somany Ceramics Ltd (SOMANYCERA):
HDFC Securities has a ‘buy’ rating on a share of Somany Ceramics
- CMP: ₹ 588.1
- Target: ₹ 950
- Upside: 61.54
- Date: May 19, 2022
5. Star Cement Ltd (STARCEMENT):
HDFC Securities has a ‘buy’ rating on shares of Star Cement
- CMP: ₹ 91.05
- Target: ₹ 115
- Upside: 26.30
- Date: May 18, 2022
6. NOCIL:
HDFC Securities has recommended a ‘buy’ on the shares of Nocil.
- CMP: ₹ 261.1
- Target: ₹ 310
- Upside: 18.73
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