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Recommended stocks to buy today: Top stock picks by market experts for 16 May

Published on 16/05/2025 05:45 AM

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● Why it’s recommended: Strategic focus on oncology and biologics, strong financial performance

● Key metrics: P/E: 76.92, 52-week high: ₹ 959.50, volume: ₹ 26.79 crore

● Technical analysis: Holding its 200 DMA for the past three days

● Risk factors: Regulatory compliance risks, debt, and liquidity risks

● Buy at: ₹ 714.9

● Target price: ₹ 825 in three months

● Stop loss: ₹ 660

Read this | Kotak AMC targets extra ₹800 cr for new credit fund after initial ₹1,200 cr raise

● Why it’s recommended: Market leadership, brand equity, strong rural & entry-level demand

● Key metrics: P/E: 27.94, 52-week high: ₹ 13,860, volume: ₹ 719.71 crore

● Technical analysis: Bullish flag pattern breakout

● Risk factors: Delayed EV strategy, margin pressure from input costs

● Buy at: ₹ 12,952

● Target price: ₹ 14,200 in three months

● Stop loss: ₹ 12,350

Read this | FPI reforms open doors, but will foreign capital follow?

Also read: Bharti Airtel eyes growth through price hikes for high-end users

Also read: Hyundai Motor India profit may take a hit in Q4 as sales remain in slow lane

MarketSmith India: Trade name: William O'Neil India Pvt. Ltd; Sebi-registered research analyst registration number: INH000015543

Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223.

Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors.

Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.

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