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.