stock to buy today
The Indian stock market has been moving in a narrow range this week, with benchmark indices showing mixed trends. While the Nifty 50 and Sensex faced mild pressure due to weakness in financials, analysts believe that select stocks still offer attractive buying opportunities. Based on expert recommendations and recent research reports, here are some of the top stock ideas to watch today.
1. Astra Microwave Products Ltd
- Current Price: Around ₹1,080
- Target Price: ₹1,200–₹1,240
- Stop Loss: ₹1,070
Analysts at Angel One suggest Astra Microwave as a short-term opportunity. The stock has shown strong momentum, and with the government’s push on defense spending, the outlook remains favorable.
2. Lupin Ltd
- Current Price: Around ₹2,030
- Target Price: ₹2,150–₹2,160
- Stop Loss: ₹1,920
Pharma major Lupin has delivered steady earnings and continues to benefit from strong export demand. Experts believe the stock has room to climb further in the near term.
3. Dixon Technologies
- Current Price: Near ₹18,700 (recent trading levels)
- Target Price: ₹19,500 (JP Morgan estimate)
Dixon Technologies, one of India’s leading electronics manufacturers, is seen as a long-term winner from the “Make in India” theme. JP Morgan maintains an Outperform rating, suggesting that the current dip may be a buying opportunity.
4. Coal India Ltd
- Current Price: ₹394–₹395
- Target Price: ₹430
- Stop Loss: ₹372
Brokerage Anand Rathi recommends Coal India as a short-term buy. With energy demand picking up before the festive season and stable coal prices, the stock could see further upside.
5. PTC Industries (Defence Sector)
- Current Price: ₹15,650 (approx. recent levels)
- Target Price: ₹24,725 (Goldman Sachs estimate, ~58% upside)
Global investment bank Goldman Sachs has turned bullish on India’s defence manufacturing space, naming PTC Industries as a potential outperformer. With rising defense orders, the stock could be a strong medium-term bet.
6. State Bank of India (SBI)
- Current Price: Around ₹861
- Target Price: ₹885
- Stop Loss: ₹850
Technical analysts suggest SBI for intraday to short-term buying. The stock has been consolidating and could see an upward breakout if banking sentiment improves.
Expert Outlook
- Defence stocks like PTC Industries and Astra Microwave are gaining institutional interest thanks to India’s strong policy push in the sector.
- Pharma and FMCG names like Lupin continue to look steady amid global demand.
- PSU and banking stocks such as SBI and Coal India are attractive for traders looking at short-term gains.
- Electronics manufacturing (Dixon) remains a structural growth theme for long-term investors.
Investor Tip
While these opportunities look promising, investors should:
- Use stop losses to manage risks.
- Avoid over-exposure to one sector.
- Track global factors such as crude oil prices, US interest rates, and currency trends that can impact Indian equities.
