Tata Steel, Garden Reach Shipbuilders, and 5 others: Axis Direct recommends buying 7 stocks for 2 weeks; note down targets
Axis Direct Stocks To Buy: After the market opening on Thursday, Axis Direct picked seven stocks that can generate profits in 0 to 15 days. These are Tata Steel, Garden Reach Shipbuilders, and five more. Check out targets -
Axis Direct Stocks To Buy: In Thursday's session, domestic benchmark indexes inched higher, led by state-owned companies and non-bank lender Bajaj Finance, while a drop in Tata Motors capped gains. Amidst this, brokerage Axis Direct has recommended seven stocks that could generate profits within the next two weeks.
Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.
Stocks to Buy: Axis Direct's Pick
The seven stocks recommended by the brokerage are Coromandel International, Eicher Motors, Astral, Tata Steel, Garden Reach Shipbuilders, Fortis Healthcare, and SBI Life Insurance. These stocks can generate huge profits in the next 0-15 days.
Coromandel International EQ Share Price Target 0-15 Days)
The first stock picked by Axis Direct is Coromandel International Ltd. This stock is currently trading at Rs 1822.55. The brokerage has given a target price of Rs 1,972 with a stop loss of Rs 1,798. The recommended entry price ranges from Rs 1,823 to Rs 1,841.50.
Target Price: Rs 1,972
Stop Loss: Rs 1,798
Astral EQ Share Price Target (0-15 Days)
The second stock picked by the brokerage is Astral Ltd, with a target price of Rs 1,607 and a stop loss of Rs 1,455. The recommended entry price ranges from Rs 1,479 to Rs 1,493.
Target Price: Rs 1,607
Stop Loss: Rs 1,410
Eicher Motors EQ Share Price Target (0-15 Days)
The third stock picked by Axis Direct is Eicher Motors Ltd. This stock is currently trading at Rs 5227.65. The brokerage has given a target price of Rs 5,558 with a stop loss of Rs 5,154. The recommended entry price ranges from Rs 5,203 to Rs 5,255.
Target Price: Rs 5,558
Stop Loss: Rs 5,154
Tata Steel EQ Share Price Target (0-15 Days)
Axis Direct also picked Tata Steel Ltd. The stock is currently trading at Rs 131.79. The brokerage has recommended a target price of Rs 144 for the stock with a stop loss of Rs 128. The recommended entry price ranges from Rs 131 to Rs 132.
Target Price: Rs 144
Stop Loss: Rs 128
Garden Reach Shipbuilders EQ Share Price Target (0-15 Days)
Axis Direct has given a BUY recommendation to Garden Reach Shipbuilders & Engineers Ltd as well. The stock is currently trading at Rs 1577.7. The target price of the stock is Rs 1,805 with a stop loss of Rs 1,513. The recommended entry price ranges from Rs 1,571 to Rs 1,586.
Target Price: Rs 1,805
Stop Loss: Rs 1,513
Fortis Healthcare EQ Share Price Target (0-15 Days)
Axis Direct also picked Fortis Healthcare Ltd. The stock is currently trading at Rs 642.9. The brokerage has recommended a target price of Rs 700 for the stock with a stop loss of Rs 628. The recommended entry price ranges from Rs 639.54 to Rs 646.
Target Price: Rs 700
Stop Loss: Rs 628
SBI Life Insurance EQ Share Price Target (0-15 Days)
Axis Direct has given a BUY recommendation to SBI Life Insurance Company Ltd as well. The stock is currently trading at Rs 1466.4. The target price of the stock is Rs 1,538 with a stop loss of Rs 1,410. The recommended entry price ranges from Rs 1,428 to Rs 1,442.
Target Price: Rs 1,538
Stop Loss: Rs 1,410
Market Session Summary
The BSE Sensex opened at 76,598.84, while the Nifty 50 opened at 23,169.50.