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.