Stocks to Buy: If you adopt the right strategy at the right time in the stock market, then you may make bumper profits. Amidst the atmosphere of this decline in the market, veteran brokerage firm Nuvama has given a BUY call on a total of 16 stocks.
Recently brokerage firm Nuvama released a report, in addition to BUY calls, Brokerage has also described the target price of these stocks. Let’s know one by one.
1. Adani Ports
Brokerage, giving a BUY call on this stock, has given its target price of Rs 1,870. Brokerage said that the company is working on its guidance with the balance sheet. Brokerage said that this is a good chance to buy stock.
2. Brigade Enterprises
Brokerage, giving a BUY call on this stock, has given its target price of Rs 1,501. Brokerage said the stock is an attractive bye at the current price.
3. Coforge
Brokerage, giving a BUY call on this stock, has given its target price of Rs 10,850. Brokerage stated that it hoped that the company’s expanded Ebitda and Groce Margin will increase an additional 40-50 bps, giving the ebit margin ~ 13.5% (currently 11.8%) by Q3Fy26E.
4. Hitachi Energy
Brokerage, giving a BUY call on this stock, has given its target price of Rs 16,500. Brokerage said that we believe that stock is a good bye due to strong fundamentals.
5. HDFC AMC
Brokerage, giving a BUY call on this stock, has given its target price of Rs 5,200. Brokerage said HDFC AMC is one of the best financial brands with the best category fund performance and a strong management team in the diversified distribution.
6. ICICI Bank
Brokerage, giving a BUY call on this stock, has given its target price of Rs 1,470. Given the bank’s strong retail franchise, continuous focus on granularity and stable asset quality, brokerage has maintained a purchase rating on stock.
7. It is
Brokerage, giving a BUY call on this stock, has given its target price of Rs 5,080. Brokerage has advised to buy this stock due to good margin and strong balance sheet.
8. Motherson Sumi Wiring Ltd
Brokerage, giving a BUY call on this stock, has given its target price of Rs 83. Brokerage said that the company has a 55% market share in the industry and the company is doing a lot of work on increasing the EV contribution.
9. PG Electroplast
Brokerage gave a target price of Rs 980, giving a BUY call on this stock. Brokerage said that the recent market share in AC/WM and the stock is a good bye given a strong upcoming season.
10. Polycab
Brokerage, giving a BUY call on this stock, has given its target price of Rs 8,360. Brokerage said that the company has targeted the growth of 1.5 times industry based on demand in real estate, electric vehicles, data centers and other sectors.
11. Tata Steel
Brokerage gave a target price of Rs 146, giving a BUY call on this stock. Brokerage said that income could improve due to a boom in Europe and Kalingnagar in FY 2026.
12. Torrent Pharma
Brokerage, giving a BUY call on this stock, has given its target price of Rs 3,810. Brokerage said that given continuous financial benefits and attractive basic principles, we hope that the premium valuation will remain intact.
13. One MINDA
Brokerage, giving a BUY call on this stock, has given its target price of Rs 1,300. Brokerage said that given the recent correction at the stock price, we feel that it is a good bye.
14. UPL
Brokerage, giving a BUY call on this stock, has given its target price of Rs 705. Brokerage said that the management said that this year the new product launch has their strong innovation pipeline with $ 85 million.
15. Vedanta
Brokerage, giving a BUY call on this stock, has given its target price of Rs 663. Brokerage said that from the financial year 2026, there is a positive outlook due to triggers such as high dividend in aluminum and zinc, increase in cost and separation of volume and separation of business.
16. Wipro
Brokerage gave a target price of Rs 350 by giving Buy call on this stock. Brokerage stated that, Wipro-friendly portfolio mix, strong margin performance and cheap valuation (21x FY27PE) create an attractive risk-reward profile.