Short-Term Stock Picks from HDFC Securities

Stocks to Buy: As the market prepares to open, HDFC Securities has recommended a selection of stocks for short-term investors. With a potential upside of up to 13%, these stocks may prove to be valuable additions for those looking to invest for up to three months. Below is a list of seven stocks along with their target prices, stop losses, and expected performance.

Kolte Patil Developers Ltd Share Target Price (CMP Rs 390.95)

HDFC Securities has included Kolte Patil in their recommendations for a duration of ten days. They have issued a 'buy' rating with a target price of Rs 410, indicating a potential gain of 4.87%. A stop loss has been set at Rs 367.
Target Price: Rs 410
Stop Loss: Rs 367

Vardhman Textiles Ltd (CMP Rs 514.90)

This stock is also recommended for a duration of ten days. HDFC Securities has provided a 'buy' call with a target price set at Rs 542, which translates to a potential upside of 5.26%. A stop loss is suggested at Rs 489.
Target Price: Rs 542
Stop Loss: Rs 489

Equitas Small Finance Bank Ltd Share Target Price (CMP Rs 64.65)

Equitas has been chosen for a ten-day investment window. Analysts recommend buying at this price, targeting Rs 67.20, which offers a potential upside of 3.94%. The stop loss is advised at Rs 62.4.
Target Price: Rs 67.20
Stop Loss: Rs 62.4

Elecon Engineering Company Ltd Share Target Price (CMP Rs 617.70)

This stock is recommended for a three-month period. A 'buy' rating has been assigned with a target price of Rs 700, expecting a potential increase of 13.32%. Investors are advised to set a stop loss at Rs 548.
Target Price: Rs 700
Stop Loss: Rs 548

Chennai Petroleum Corporation Ltd Share Target Price (CMP Rs 648.65)

Finally, Chennai Petroleum is advised for a ten-day investment window, with a target price of Rs 690 representing a possible upside of 6.37%. The suggested stop loss is Rs 624.
Target Price: Rs 690
Stop Loss: Rs 624

Disclaimer: The opinions expressed in this article reflect the views of investment analysts. It is recommended that readers consult with a financial advisor before making any investment decisions.

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