Budget Stock Exchange 2024: Top Analyst Picks Include M&M, TVS Motor, Britannia, HUL, Dr Reddy's Labs

As we look towards the Budget Stock Exchange of 2024, a panel of market experts has come together to reveal their preferred stocks for investors to consider. These specialists, including Himanshu Gupta, Vishvesh Chauhan, Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia, Siddharth Sedani, Sandeep Jain, Jay Thakkar, and Vikas Sethi, have provided their insights to divulge a list of companies they believe hold promise in the upcoming year.

Analysts' Top Stock Picks

The array of 'buy' recommendations encompasses a variety of sectors, highlighting promising companies like the Kaveri Seed Company, Transport Corporation of India, BLS International Services, KPR Mill, Gujarat Gas Ltd, and Zomato. Alongside these, other notable mentions include Sun Pharmaceutical Industries, TVS Motor Company, Lemon Tree Hotels, Kirloskar Brothers, KNR Constructions, VST Tillers, Gandhi Special Tubes, Hindustan Unilever Ltd (HUL), Dr Reddy's Laboratories, Power Finance Corporation (PFC), Mahindra & Mahindra (M&M), Indian Railway Finance Corporation (IRFC), and Infibeam Avenues.

Investment Targets and Strategies

Market experts have set specific targets and stop loss parameters for each recommended stock. For instance, Himanshu Gupta proposes an investment in Kaveri Seed Company with targets stretching from Rs 760 to Rs 800, safeguarded by a stop loss at Rs 715. Others, like Vishvesh Chauhan, advise acquiring shares in TCI, BLS International Services, and KPR Mill, each with their own target goals and stop losses to mitigate risks.

Rakesh Bansal puts forth Gujarat Gas Ltd and Zomato as potential investments, with specific target prices for each. Similarly, Kunal Saraogi's optimism in Britannia Industries is marked by targets of Rs 5,350 and Rs 5,400 and a stop loss of Rs 5,150. Sumeet Bagadia recommends buying into Sun Pharmaceutical Industries with a bullish outlook, as does Siddharth Sedani with TVS Motor Company and Lemon Tree Hotels. Sandeep Jain's selection includes five distinct stocks with individual targets, while Jay Thakkar backs Dr Reddy's Labs, PFC, and M&M with specific target prices and stop loss settings. Lastly, Vikas Sethi encourages investing in IRFC and Infibeam Avenues, providing strategic targets and stop loss levels for each.

Investors are keenly observing these expert recommendations, as the Budget Stock Exchange of 2024 could set the stage for significant investment opportunities.

Stocks, Analysis, Markets