Repco Home Finance: The brokerage recommends buying this NBFC stock between ₹228-233 band and add more on dips of ₹198. It has given the target price of ₹257 for the base case and ₹278 for the bull case scenario and a time horizon of 2-3 quarters. The stock has lost 14 percent in the last 1 year and 3 percent in 2022 so far. It rose 64 percent in August and is up 5 percent in September till date.
Rico Auto: The brokerage recommends buying this Auto Ancillaries stock between ₹55.5-57.5 band and add more on dips of ₹50-51. It has given the target price of ₹62.5 for the base case and ₹68.5 for the bull case scenario and a time horizon of 2-3 quarters. The scrip has added 18 percent in the last 1 year and 40 percent in 2022 YTD. It has risen 14 percent in September so far after a 14 percent jump in August. It has given positive returns continuously for 4 months now.
Ramkrishna Forgings: The brokerage recommends buying this Auto Ancillaries stock between ₹201-205 band and add more on dips of ₹178-182. It has given the target price of ₹230 for the base case and ₹247 for the bull case scenario and a time horizon of 2-3 quarters. The stock has been flat in the last 1 year, up just 1 percent, however, in 2022 YTD, it has advanced 9 percent. It has risen over 20 percent since July.
Chemcon Specialty Chemicals: The brokerage recommends buying this chemical's stock between ₹412-418 band and add more on dips of ₹361. It has given the target price of ₹465 for the base case and ₹503 for the bull case scenario and a time horizon of 2-3 quarters. The stock has fallen 6 percent in the last 1 year but has added 20 percent in 2022 so far. It has given positive returns for 4 continuous months since June, rising the most in August, up 24 percent.
Birla Corporation: The brokerage recommends buying this cement stock between ₹1,082-1,095 band and add more on dips of ₹1,007-1,027. It has given the target price of ₹1,192 for the base case and ₹1,289 for the bull case scenario and a time horizon of 2-3 quarters. The stock has shed 17 percent in the last 1 year and 22 percent in 2022 YTD. It rose 14 percent in September so far after a flat August.
Patanjali Foods: The brokerage recommends buying this FMCG stock between ₹1,341-1,363 band and add more on dips of ₹1,180-1,200. It has given the target price of ₹1,490 for the base case and ₹1,602 for the bull case scenario and a time horizon of 2 quarters. The scrip has jumped 27 percent in the last 1 year and 58 percent in 2022 so far. It has advanced over 20 percent since July.