Stocks to buy under ₹100: Experts recommend six shares to buy today — 30 June 2025
The Midcap and the Smallcap Indices continued their stellar upward journey for the sixth consecutive day. The Nifty Midcap 100 gained a modest 0.27%, while the Nifty Smallcap 100 rose by 0.91%, closing at their highest levels since January 3rd. Market breadth remained firmly positive for the fourth consecutive session, with advancing stocks comfortably outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.29.
Speaking on the outlook of the Nifty 50 index, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index witnessed a strong session sustaining above the previous day close and with a gradual rise seen during the intraday session has strengthened the bias anticipating for further rise in the coming days. As mentioned earlier, the index would have the near-term support positioned near the 25,300 zone and on the upside, with the undertone maintained strong, it has opened the gates for higher targets of 25,700 and 26,200 levels, with bias and sentiment getting better and better."
"The Bank Nifty index continued with the positive move, extending the gains and surged ahead with the trend getting stronger, breaching above the previous peak zone of 57,050 level, anticipating further rise in the coming days. As mentioned earlier, the index would have important support near the 56,000 zone, which needs to be sustained and, on the upside, with the bias improving, can anticipate fresh targets of 58,500 and 60,000 levels in the coming days," said Shiju Kuthupalakkal of Prabhudas Lilladher.
Regarding stocks to buy today, market experts — Sumeet Bagadia, Executive Director at Choice Broking; Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP — Research at Hensex Securities; and Sugandha Sachdeva, Founder of SS WealthStreet — recommended five intraday stocks for today under ₹ 100: Mukta Arts, Rattanindia Enterprises, IFCI, Suzlon Energy, and Niva Bupa, AMJ Land Holdings.
1] Mukta Arts: Buy at ₹ 88.96, Target ₹ 95, Stop Loss ₹ 85.50; and
2] Rattanindia Enterprises: Buy at ₹ 63.23, Target ₹ 68, Stop Loss ₹ 61.
3] IFCI: Buy at ₹ 64, Target ₹ 68, Stop Loss ₹ 62.50.
4] Suzlon Energy: Buy at ₹ 66.50 to ₹ 67.50, Targets ₹ 69, ₹ 71, ₹ 74, ₹ 78, ₹ 82, Stop Loss ₹ 60.50.
5] Niva Bupa: Buy at ₹ 81.70, Targets ₹ 83.80, ₹ 85.70, Stop Loss ₹ 80.
6] AMJ Land Holdings: Buy at ₹ 64.50, Target ₹ 76, Stop Loss ₹ 61 (Closing Basis).
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Time of India
26 minutes ago
- Time of India
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If I look at a category like grocery, more than 80% is still largely driven by 10 million mom-and-pop outlets. We have seen a modern trade making some inroads, but it has still been restricted to top cities and then we saw overall growth starting to stabilise in modern trade while e-commerce did not really make any meaningful dent when it came to the grocery segment. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo What we saw with quick commerce is a very strong growth over the last couple of years driven by the dark stores which provide convenience; pricing also has been reasonable and consumers use them more frequently. Also, they were able to crack unit economics with Eternal getting to EBITDA breakeven in 1H of FY25. What we have seen subsequently is a land grab phase in which everyone started investing more aggressively. 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The big difference between the two is that in the case of food delivery, there is almost no capex, there is no working capital. So, whatever EBITDA they are able to generate is getting reinvested in another very large high growth opportunity which is quick commerce. So, that is a space which we prefer between the two. Even in terms of growth trends, over the last six years – FY19 to FY25 –, QSR industry has seen about 13% revenue CAGR, but that has been driven by 14% store CAGR and that is fairly capex intensive. You Might Also Like: Reinventing Retail: How local kirana stores are adapting to India's quick commerce boom Many of the companies like Jubilant FoodWorks, the capex was about 1-1.5 billion per annum in FY19, but that number is now about 7 billion in FY25. So, while we have not seen a meaningful increase in EITDA, the capex intensity has been fairly elevated in QSR industry and that is the reason we believe food delivery is a better place to be in. In terms of the audience that quick commerce caters to, help us understand how you expect quick commerce to evolve into a true mass market channel? Or will it remain an urban value proposition in the near future? Kunal Vora: In our projections, we see the quick commerce industry catering more to the affluent consumers by FY28. But once they achieve scale, they will be in a position to go mass market as well. For now, our expectation is about 40-45 million households will be spending about Rs 5,000 monthly on quick commerce that can be across various different categories. It can be home and personal care. It can be consumer electronics. There are various products which they can start adding. And beyond that, once they achieve scale, which is about $16 billion just between the two quick commerce companies, they will have many margin levers which can help them bring the cost down. 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Time of India
29 minutes ago
- Time of India
Honda Cars India registers sales of 5,124 units in June 2025
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