Stocks To Buy Today: HDFC, Indigo, Piramal Pharma, Pidilite, And Hindustan Unilever | Check Share Price Target (image source: Canva)
Stocks To Buy Today: HDFC, Indigo, Piramal Pharma, Pidilite, and Hindustan Unilever stocks are recommended by multiple brokerages. Ahead of the market opening take a look at the stocks that are in the news to look out in Tuesday’s market trading session and stocks to buy based on various brokerage recommendations.
Stock Market Today:
GIFT Nifty on Tuesday at 8:10 am was down by 79 points or 0.36 per cent at 22,057. The index hinted at a negative territory start for the D-Street.
Global Cues:
Wall Street’s main indexes ended higher on Monday, boosted by mega-cap growth stocks like Alphabet and Tesla, which fueled a rebound in the tech-heavy Nasdaq. Investors also awaited the upcoming U.S. Federal Reserve meeting. The Dow Jones Industrial Average rose by 0.20 per cent to 38,790.43 points, the S&P 500 gained 0.63 per cent to 5,149.42 points, and the Nasdaq Composite climbed 0.82 per cent to 16,103.45 points.
Ahead of the market Tuesday market opening take a look at the stocks that are in the news and brokerage recommendations on stocks to buy with share price target.
Stocks To Watch
Tata Consultancy Services (TCS): Tata Sons plans to sell 2.34 crore TCS shares at Rs 4,001 each, aiming to raise up to $1.1 billion, Bloomberg reports. The price represents a 3.6 per cent discount to the last traded price.
Aditya Birla Sun Life AMC: Promoters, Aditya Birla Capital, and Sun Life (India) AMC Investments Inc. will sell up to 7 per cent of Aditya Birla Sun Life AMC shares through an offer-for-sale (OFS), with an option to sell an additional 4.47 per cent. The OFS opens to non-retail investors on March 19 and to retail investors on March 20, with a floor price of Rs 450 per share.
L&T Finance Holdings: The board approved raising funds of up to Rs 1.01 lakh crore through non-convertible debentures (NCDs) in one or more tranches.
Lemon Tree Hotels: Lemon Tree Hotels signed a license agreement for Lemon Tree Hotels Agartala in Tripura, expected to open in FY27. Carnation Hotels, a wholly-owned subsidiary, will operate the hotel.
Stocks To Buy Today:
Stocks To Buy: HDFC
US investment bank and stock brokerage Jefferies reaffirms its “BUY” rating for HDFC, setting HDFC share price target at Rs 1,800. While, Nomura, another prominent stockbroking firm, maintains a neutral stance with a target price of Rs 1,625 per share for HDFC.
Stocks To Buy: Indigo
Kotak securities have given a ‘BUY’ rating for the budget airline company stocks, citing the advantage over peers and predicting higher demand shortly. The brokerage firm has set Indigo’s share price target at Rs 4,200 per share.
Stocks To Buy: Piramal Pharma
Jefferies has maintained a “BUY” rating for the pharma stock setting Piramal Pharma’s share price target at Rs 160 per share. The brokerage maintained its buy rating citing its EBITA and revenue performances.
Stocks To Buy: Pidilite
JP Morgan has maintained overweight to the Pidilite stock with a target price of Rs 2,900 per share. The brokerage cited tailwinds would increase the demand for company services and products soon.
Stocks To Buy: Hindustan Unilever
ICICI Securities has given a ‘BUY’ rating for the stock setting Hindustan Unilever’s share price target at Rs 2340 with a stop loss at Rs 2299 per share.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Today Technology Market ResearchDigital suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
