Axis Direct Stocks: In Thursday’s session, domestic shares ended higher amid losses in the pharma and IT sector. Finally, the Sensex was up 0.18 percent or 144 points at 81,611.41 points, while the Nify 50 index ended below 25,000 levels at 24,998.45, up 0.07 percent or 16.5 points more. Meanwhile, the brokerage Axis Direct has recommended five stocks that can generate profits in 5 to 15 days.
Stocks to Buy: Axis Direct Picks
The brokerage has recommended five stocks including Laurus Labs, Kaveri Seed Company Ltd, Krishna Institute of Medical Sciences Ltd, Techno Electric & Engineering Company Ltd and NCC. These stocks can generate huge profits in the next 5-15 days.
Laurus Labs EQ Share Price Target
The first stock acquired by Axis Direct is Laurus Labs. The stock is currently trading at Rs 465.25. The brokerage has assigned a target price of Rs 476 with a stop loss of Rs 457. The recommended entry price is Rs 463.
Target price: R476
Stop Loss: Rs 457
The price of Kaveri Seed Company Ltd
The second pick by the brokerage is Kaveri Seed Company Ltd, which has a target price of Rs 973 and a stop loss of Rs 893. The recommended entry price ranges from Rs 904 to Rs 913.
Target price: R973
Stop Loss: Rs 893
The price of Krishna Institute of Medical Sciences Ltd
The third stock acquired by Axis Direct is Krishna Institute of Medical Sciences Ltd. The stock is currently trading at Rs 541.25. Brokerage has assigned a target price of Rs 616. While the stock’s stop loss is Rs 525. The recommended entry price ranges from Rs 533 to Rs 541.
Target price: Rs616
Stop Loss: Rs 525
Rating of the company Techno Electric & Engineering Company Ltd
Axis Direct has assigned Techno Electric & Engineering Company Ltd a BUY recommendation. The stock is currently trading at Rs 1730.8. The target price of the stock is Rs 1,890 with a stop loss of Rs 1,678. The recommended entry price ranges from Rs 1,710 to Rs 1,728.
Target price: Rs 1,890
Stop Loss: Rs 1,678
NCC EQ share price
Axis Direct has also chosen NCC. The stock is currently trading at Rs 301.8. The brokerage has recommended a target price of Rs 339 on the stock with a stop loss of Rs 302. The recommended entry price is from Rs 306 to Rs 310.
Target price: Rs 339
Stop Loss: Rs 302
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