Bajaj Auto – Stock Details
Current Price (LCP): ₹8,868
Stop Loss: ₹8,600
Target: ₹9,440
Why is it recommended?
Bajaj Auto is a leading company in the two-wheeler and three-wheeler sector. The company’s profit has increased by more than 50% in recent quarters. Demand in the auto sector has strengthened again; sales are seeing a rise in both local and foreign markets.
Minda Corporation – Stock Details
Current Price (LCP): ₹607
Stop Loss: ₹582
Target: ₹652
Why is it recommended?
Minda Corporation is a leading manufacturer of auto components. With the increase in vehicle sales, there is a direct demand for the components sector.
Union Bank of India – Stock Details
Current Price (LCP): ₹156
Stop Loss: ₹150
Target: ₹170
Why is it recommended?
Bank Nifty is on a very strong run. The possibility of an interest rate cut is a key reason that will improve banks’ profitability.
Union Bank has been showing NPA reduction and strong loan growth in the last few quarters.