Mid-term Stock Trading Tips - Best Stock Recommendations

Following are the stocks suggested to buy for mid term period :

Infosys Ltd

• Recommendation: Buy
• Market price: Rs 2776
• Target price: Rs 3225
• Most profitable amongst frontline Indian IT cos. Key positives in Q3 are a 0.8% increase in revenue productivity in constant currency, five large deal wins.

 
Sintex Industries Ltd

• Recommendation: Buy
• Market price: Rs 100
• Target price: Rs 112
• The long-term growth story is intact with government’s spending on low-cost housing and social infrastructure. Continuous innovations to drive next phase of growth.

 
ICICI Bank Ltd

• Recommendation: Buy
• Market price: Rs 928
• Target price: Rs 1100
• After a period of consolidation over the past two years, focus has shifted to loan growth with corporate and secured retail loans being key drivers.

 
ITC Ltd

• Recommendation: Buy
• Market price: Rs 203
• Target price: Rs 230
• We are positive on long-term demand growth in cigarette business due to rising affordability. Non-cigarette businesses can fund their own growth.

 
Hero MotoCorp Ltd

• Recommendation: Buy
• Market price: Rs 1961
• Target price: Rs 2253
• Leader in domestic market. Volume growth to remain stable, driven by recovery in urban markets and increasing penetration of its product in rural markets.