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Axis Direct has selected Bharat Forge as its next stock to buy. The target price of this share for 15 days has been given at Rs 1,427. Stoploss of Rs 1,295 has to be imposed on this.
There is a bullish trend in this stock since the last four trading sessions, which may continue in future also. The 52 week high of this share is Rs 1,826, which was made in June this year. Currently getting stock correction.
Axis Direct is also bullish on Bharat Electronics shares. It is advised to buy shares for the next 15 days. Its target price is Rs 339 and stoploss is Rs 299.5.
There has been a continuous rise in this stock since the last four trading sessions. During this period the share has reached Rs 307 from Rs 275. Further growth is expected in this stock also. It has to be taken in the range of 302 to 305
Axis Direct has advised to buy the shares of Mazagon Dock. The target price of this share for 30 days has been given at Rs 5,085. The share closed at Rs 4,488.90 on 27 November 2024.
Mazagon Dock shares are on rise since last three trading sessions. From Rs 3,990 the share has reached around Rs 4489. This stock is expected to rise further. Stoploss is to be kept at Rs 3,950.
Brokerage firm ICICI Direct has given buy rating on Astra Microwave Products. The target price of this share has been given at Rs 970. On November 27, 2024, the share closed at the level of Rs 768.95.
The brokerage firm says the stock has potential due to its key role in the defense sector, strong order book, high margin domestic contracts and new innovations and in-house developments.
Global brokerage firm Morgan Stanley has given a strong rating to the shares of Coal India. The target price of this share has been fixed at Rs 525. On November 27, the share closed at Rs 418 level.
The brokerage firm says that there is a possibility of rise in the company’s shares due to increase in power demand, growth in volumes, strong balance sheet and extremely attractive valuation.