Stocks to Buy or Sell Today
1. MCDOWELL-N
United Spirits has an active revenue of Rs. 10,813.20 Cr. on a trailing 12-month basis. Annual earnings growth of 19% is outstanding, a Pre-tax margin of 11% is healthy, ROE of 16% is good. The company is deficit free and has a strong balance sheet allowing it to report stable revenue growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 5% above 200DMA.
United Spirits
● Action: Buy
● Buy: Rs. 894
● Stop Loss: Rs. 858- 868
● Target 1: Rs. 948 – 955
● Holding Period: 2 week
2. ORIENTCEM
Orient Cement has an active revenue of Rs. 2,748.45 Cr. on a trailing 12-month basis. Annual revenue growth of 17% is amazing, Pre-tax margin of 15% is great, ROE of 17% is outstanding. The company has a fair deficit to equity of 10%, which signals a healthy balance sheet. The stock from a technical viewpoint is trading close to its key moving pars, around 3% and -0% from 50DMA and 200DMA.
Orient Cement share price Target for Today:
● Action: Buy
● Buy: Rs. 137
● Stop Loss: Rs. 131.50
● Target 1: Rs. 142.50 – 149
● Holding Period: 2 week
3. DLF
Dlf (Nse) has an operational revenue of Rs. 5,840.93 Cr. on a trailing 12-month basis. Annual earnings growth of 3% is not excellent, a Pre-tax margin of 20% is great, ROE of 4% is reasonable but needs refinement. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 7% above 200DMA.
Dlf share price Target for Today:
● Action: Buy
● Buy: Rs. 398
● Stop Loss: Rs. 382
● Target 1: Rs. 415 – 438
● Holding Period: 2 week
4. BALKRISIND: VOLUME SPURT
Balkrishna Industries has an operational revenue of Rs. 9,111.68 Cr. on a trailing 12-month basis. Annual earnings growth of 47% is amazing, the Pre-tax margin of 24% is great, ROE of 20% is exceptional. The company has a proper debt-to-equity of 7%, which signals a beneficial balance sheet. The stock from a technical perspective is trading below its key moving norms.
Balkrishna Industries
● Action: Buy
● Buy: Rs. 1965
● Stop Loss: Rs. 1880
● Target 1: Rs. 2050 – 2140
● Holding Period: 2 week
5. City Union Bank
City Union Bank (Nse) has operational earnings of Rs. 5,119.75 Cr. on a trailing 12-month basis. Annual earnings growth of 1% is not great, a Pre-tax margin of 20% is great, ROE of 11% is good. The stock from a technical perspective is trading close to its 50DMA and comfortably placed above its 200DMA, around 27% above 200DMA.
City Union Bank share price Target for Today:
● Action: Buy
● Buy: Rs. 196
● Stop Loss: Rs. 186
● Target 1: Rs. 206 – 224
● Holding Period: 2 week
