Latest news with #AnandRathiInvestmentServices
Mint
2 days ago
- Business
- Mint
Stock to buy: Anand Rathi predicts THIS multibagger small-cap stock to rise 15% in 1 month. Here's why
Stock to buy: Indian brokerage firm, Anand Rathi Investment Services, disclosed its bullish stance and predicted a 15% upside for the Venus Pipes & Tubes shares in the upcoming one-month period. Anand Rathi's stock report highlighted that the shares of the iron and steel products maker have witnessed a clean breakout from a weekly inverse head-and-shoulder pattern, along with strong volume, indicating a shift in the trend sentiment. The brokerage firm also said the current RSI is placed near the 58 level, which is further supporting the bullish bias of the stock. 'The RSI on the weekly timeframe has reversed from the 50 level and is currently placed near 58, further supporting the bullish bias,' said the analysts at Anand Rathi in their stock report. 'This technical setup suggests a continuation of upward momentum,' they said. Venus Pipes & Tubes is a manufacturer and exporter of stainless steel pipes and tubes, catering to sectors like chemicals, engineering, fertilisers, and pharmaceuticals, according to the company data. Venus Pipes & Tubes Ltd (VENUSPIPES): Buy in the range of ₹ 1,600 to ₹ 1,540; Target Price at ₹ 1,815; Stop Loss at ₹ 1,440. 'We recommend going long in the ₹ 1,600 to ₹ 1,540 range, with an upside target of ₹ 1,815. A stop-loss should be placed below ₹ 1,440 on a daily closing basis to protect against any adverse move,' recommended Jigar Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers in the report. Venus Pipes & Tubes shares closed 1.19% higher at ₹ 1,617.75 after Monday's stock market session, compared to ₹ 1,598.75 at the previous market session. The shares of the stainless steel pipes and tubes maker have given stock market investors more than 388% returns on their investments in the last five years. However, the shares are down 26.33% in the last one-year period. On a year-to-date (YTD) basis, the shares have gained 3.19% in 2025, and are trading 4.11% higher in the last five trading sessions on the Indian stock market. Venus Pipes & Tubes share hit their 52-week high level at ₹ 2,448 on 29 August 2024, while the 52-week low level at ₹ 968.80 on 1 April 2025, according to the data collected from the BSE. The company's market capitalisation (M-Cap) was at ₹ 3,294.89 crore as of the stock market close on Monday, 14 July 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. 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.
Mint
2 days ago
- Business
- Mint
Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹50
Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹ 50. The brokerage expects Sindhu Trade Links Ltd., which is up more than 5% in intraday trades on Monday, to gain close to 10% more. The Sindhu Trade Links share price that opened at ₹ 32.49 on the BSE on Monday was up 4% at the time of opening. The Sindhu Trade Links share price thereafter gained further to intraday highs of ₹ 33.41, which meant gains of 7% over the previous day's close. The Sindhu Trade Links share price was trading close to ₹ 32.80 levels. Thereafter, Anand Rathi Research expects more upside for the stock. The small-cap stock under ₹ 50, Sindhu Trade Links, remains the pick of the month for Anand Rathi Investment Services. The analyst at Anand Rathi Investment Services, Jigar Shantilal Patel, has given a target price of ₹ 36 for Sindhu Trade Links share price. The time period specified by Anand Rathi Investment Services to achieve the said target price for Sindhu Trade Links share price, though, stood at 1 month; nevertheless, Sindhu Trade Links share price already is seeing sharp gains. As per Anand Rathi Investment Services, the technical setup indicates a bullish opportunity for Sindhu Trade Links share price. Sindhu Trade Links, or SINDHUTRAD, has given a clean breakout above its yearly Camarilla pivot level around ₹ 29.80 and is currently sustaining above it. This breakout is technically significant, as it coincides with the VWAP higher band, offering strong support at current levels, as per Anand Rathi. The confluence of these factors suggests bullish momentum is likely to continue. Therefore, Anand Rathi had advised going long in the ₹ 31-29 zone, with an upside target of ₹ 36. A stop-loss, however, should be placed below ₹ 27 on a daily closing basis to manage risk effectively, as per Anand Rathi.
Mint
2 days ago
- Business
- Mint
Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹50
Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹ 50. The brokerage expects Sindhu Trade Links Ltd., which is up more than 5% in intraday trades on Monday, to gain close to 10% more. The Sindhu Trade Links share price that opened at ₹ 32.49 on the BSE on Monday was up 4% at the time of opening. The Sindhu Trade Links share price thereafter gained further to intraday highs of ₹ 33.41, which meant gains of 7% over the previous day's close. The Sindhu Trade Links share price was trading close to ₹ 32.80 levels. Thereafter, Anand Rathi Research expects more upside for the stock. The small-cap stock under ₹ 50, Sindhu Trade Links, remains the pick of the month for Anand Rathi Investment Services. The analyst at Anand Rathi Investment Services, Jigar Shantilal Patel, has given a target price of ₹ 36 for Sindhu Trade Links share price. The time period specified by Anand Rathi Investment Services to achieve the said target price for Sindhu Trade Links share price, though, stood at 1 month; nevertheless, Sindhu Trade Links share price already is seeing sharp gains. As per Anand Rathi Investment Services, the technical setup indicates a bullish opportunity for Sindhu Trade Links share price. Sindhu Trade Links, or SINDHUTRAD, has given a clean breakout above its yearly Camarilla pivot level around ₹ 29.80 and is currently sustaining above it. This breakout is technically significant, as it coincides with the VWAP higher band, offering strong support at current levels, as per Anand Rathi. The confluence of these factors suggests bullish momentum is likely to continue. Therefore, Anand Rathi had advised going long in the ₹ 31-29 zone, with an upside target of ₹ 36. A stop-loss, however, should be placed below ₹ 27 on a daily closing basis to manage risk effectively, as per Anand Rathi. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
25-06-2025
- Business
- Mint
Stock to buy: Anand Rathi predicts Titagarh Rail Systems shares to rise 27% in 3 months. Here's why
Stock to buy: In a stock report on Wednesday, 25 June 2025, Anand Rathi Investment Services disclosed its bullish stance on Titagarh Rail Systems Limited shares. The Indian brokerage firm predicts a 27% upside for the railway freight maker stock in the upcoming three-month period. Anand Rathi highlighted that the shares of Titagarh Rail have witnessed a trend reversal from their previous breakout zone. With the rising volume in shares and a rebound in the daily Relative Strength Index (RSI) from the 40 mark, the shares are likely to signal a shift in momentum. 'A similar supportive structure is visible on the weekly RSI, aligning well with the ongoing price action,' said the analysts at Anand Rathi in the stock report. Incorporated in 1997, the railway and industrial products maker currently holds a 25-30% market share in the railway wagon manufacturing industry. The company's product portfolio includes freight wagons, passenger coaches, metro trains, train electricals, steel castings, specialised equipment, bridges, and ships. Titagarh Rail Systems Ltd (TITAGARH): Buy at ₹ 930 to ₹ 870 range; Target Price at ₹ 1,150; Stop Loss at ₹ 775 daily close basis. 'We recommend accumulating the stock in the ₹ 930– ₹ 870 zone for an upside potential towards ₹ 1,150, with a stop-loss placed at ₹ 775 on a daily closing basis,' recommended Jigar Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers in the report. Shares of Titagarh Rail Systems closed flat at ₹ 924.10 in the afternoon session on Wednesday, 25 June 2025, compared to ₹ 923.10 at the previous market close. The shares of the multibagger railway products maker have given stock market investors more than 2,500 per cent returns on their investment in the last five years. However, the shares have lost 42.89 per cent in the last one-year period. On a year-to-date (YTD) basis, Titagarh Rail Systems stock is trading 16.66 per cent lower, but has gained 6.26 per cent in the last five stock market sessions. The shares hit their 52-week high level at ₹ 1,896.50 on 27 June 2024, while the 52-week low levels were at ₹ 655.30 on 4 March 2025, according to the BSE data. The company's market capitalisation (M-Cap) was at ₹ 12,445.20 crore as of the stock market close on Wednesday, 25 June 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
17-06-2025
- Business
- Mint
Stock to buy: Maharatna oil PSU ONGC could rise 14% in 1 month, predicts Anand Rathi. Here's why
Stock to buy: Indian brokerage firm Anand Rathi Investment Services has picked Maharatna PSU giant Oil and Natural Gas Corporation Ltd (ONGC) shares as its stock pick for the month of June 2025 with a potential upside of 14 per cent in the upcoming one-month period. The brokerage firm's stock pick report said that ONGC shares have recently broken out of their narrow consolidation range of ₹ 220 to ₹ 252. With the help of support at the base near the 200-day EMA high/low band, the analysts are bullish on the energy sector stock. 'ONGC recently broke out of its narrow consolidation range between 220 and 252, indicating strength. The stock is now trading above this range, supported by a base formation around the 200-day EMA high/low band, reinforcing bullish sentiment,' said the brokerage in its report. On the technical front, the analysts highlighted that the Relative Strength Index (RSI) has moved above the 50 mark, indicating a shift in momentum of the shares. 'The daily RSI has moved above the 50 mark after a prolonged period, signalling a shift in momentum,' they said. Oil and Natural Gas Corporation Ltd (ONGC): Buy at ₹ 255 (or CMP); Target Price at ₹ 290; Stop Loss at ₹ 235. 'Given these technical developments, a long position is advisable in the 257–253 zone, with a target of 290. A daily close below 235 should be used as a stop-loss to manage risk,' said the analysts at Anand Rathi. ONGC shares closed 1.6 per cent lower at ₹ 252.30 after Tuesday's stock market session, compared to ₹ 256.40 at the previous market close. The shares of the Maharatna oil PSU have given stock market investors more than 193 per cent return on investment in the last five years. However, the shares have lost 8.64 per cent in the last one-year period. On a year-to-date (YTD) basis, ONGC shares have gained 6.34 per cent in 2025 and 1.94 per cent in the last five trading sessions. The shares hit their 52-week high level at ₹ 344.60 on 1 August 2024, while the 52-week low level was at ₹ 205 on 7 April 2025, according to the data collected from the BSE website. The oil company's market capitalisation was more than ₹ 3.17 lakh crore as of the stock market close on Tuesday, 17 June 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
