Zomato, Paytm among 7 stock ideas from StoxBox likely to give 4-9% returns in short term
, ETMarkets.com|
Here is a list of top 7 stock ideas from Stoxbox:
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Stop loss: Rs 197
Upside potential: 9.2%
Zomato is showing potential for upward movement supported by its inverse head-and-shoulder pattern, indicating a possible trend reversal. The company's large user base and strategic initiatives in the food delivery sector enhance its investment appeal.
Agencies
Stop loss: Rs 7,491
Upside potential: 7.4%
Siemens shows significant strength in its technical indicators with a positive sector outlook. The company’s innovative solutions and market leadership position it well for continued growth.
Reuters
Stop loss: Rs 759
Upside potential: 8.8%
Sun TV Network is demonstrating strong technical patterns with upward trends in its DMA indicators.
ETMarkets.com
Stop loss: Rs 3,967
Upside potential: 5%
StoxBox recommends buying this stock due to its strong upward momentum in DMA indicators and potential benefits from new product offerings and market expansion. The company’s focus on increasing its market share and positive sector outlook makes it a solid investment.
ETMarkets.com
Stop loss: Rs 398
Upside potential: 6.7%
Paytm has a large, engaged customer base and is expecting EBITDA breakeven by FY25. The stock has shown potential trend reversal patterns, making it a compelling buy at current levels.
ANI
PFC is experiencing strong weekly upward movement in its DMA indicators. The company's robust financial performance and strategic positioning in the power sector contribute to its attractiveness as an investment.
Agencies
Stop loss: Rs 537
Upside potential: 4.3%
REC is benefiting from favorable sector dynamics and strong financial health. The company’s continued growth and strategic initiatives make it a worthy addition to any investment portfolio.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
IANS
