Investing in stocks is a journey one needs to go on if one wants to earn money. While the stock market might seem daunting at first, it becomes easier to understand it as time progresses and you gain experience in the field. If you want some help from where to start then read below for our recommendations for the stocks to buy today.
The top five shares you can look into today are as follows: CG Power and Industry, Bajaj Finance Ltd, Engineers India, Deepak Nitrite, and Jsw Steel.
1.CG Power and Industry
- Purchase- Rs. 462
- Target- Rs. 480
- Stop loss- Rs. 444
CG Power and Industry works in the manufacturing of electrical motors, transformers, generators and electricity distribution, control apparatus with a total operating revenue of Rs. 6579.63 Cr and equity capital of Rs. 305.43 Cr for the year ended on the 31st of March 2023. As a company with its registered office in Maharashtra, India, it is a publicly limited listed company, which was incorporated on 28/4/1937.
2.Bajaj Finance Ltd.
- Purchase- Rs. 6456
- Target- Rs 6618
- Stop loss- Rs 6295
The business of the publicly listed company Bajaj Finance Ltd is of financial activities other than insurance and pension funds. The total equity capital for the year-end of 2023 is Rs. 35681.20 and the operating revenue is Rs. 120.89 Cr. The registered office of the company is in Maharashtra, India, and was incorporated on 25/3/1987.
3.Engineers India
Purchase- Rs. 187
Target- Rs. 197
Stop loss- Rs. 178
Engineers India is in the business of all activities related to architecture and engineering with technical consultancy. The public sector limited listed company has a total operating revenue of Rs. 3283.76 Cr and equity capital of Rs. 281.02 Cr for the 2023 financial year. The company was incorporated on 15/3/1965 with its registered office in Delhi, India.
4.Jsw Steel
- Sell- Rs. 793
- Target- Rs 769
- Stop loss- Rs. 817
Jsw Steel is in the business of metal casting. The company has a total operating revenue of Rs. 131687.00 Cr. and an equity capital of Rs. 301.00 Cr for the financial year. With its registered office in Maharashtra incorporated on 15/3/1994, it is also a publicly listed company.
5.Deepak Nitrite
- Sell- Rs 2065
- Target-Rs 2007
- Stop loss- Rs 2122
The company Deepak Nitrite is in the business of manufacturing chemicals and its related products. The total operating revenue for Deepak Nitrite is Rs. 3033.55 Cr and equity capital is Rs. 27.28 Cr. for the 2023 fiscal year. It has its headquarters in Gujarat, India, and was incorporated on 6/6/1970.