Stocks to Buy Today: 5 Best Shares to Buy on 13-Apr-22

stocks to buy today

Stock Recommendations
by 5paisa Research Team Last Updated: 2022-08-08T18:58:52+05:30

Stocks to Buy Today

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

POONAWALLA

BUY

316

307

325

332

WELCORP

BUY

198

193

203

211

ASTRAL

BUY

2129

2076

2185

2245

MANINFRA

BUY

119

116

122

126

VBL

BUY

984

960

1008

1038


Every morning our analysts scan through the markets universe and chose the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the best ones make it to the top 5 list. We also update on the performance of earlier recommendation every morning to help you with your trading journey. Read on to know the momentum stocks to buy today. The average holding period could be between 7-10 days on average.


List of 5 Stocks to Buy on April 13, 2022


1. Poonawalla Fincorp (POONAWALLA)

Poonawalla Fincorp is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company’s Total Operating Revenue is Rs.1848.73 Cr. and Equity Capital is Rs.53.92 Cr. for the Year ended 31/03/2021. Poonawalla Fincorp Ltd. is a Public Limited Listed company incorporated on 18/12/1978 and has its registered office in the State of West Bengal, India.


POONAWALLA Share Price Target for Today

- Current Market Price: Rs.316

- Stop Loss: Rs.307

- Target 1: Rs.325

- Target 2: Rs.332

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see strong volume in this stock hence making this stock best stock to buy.

2. Welspun Corp (WELCORP)

Welspun Corp is involved in the business activities of Manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company’s Total Operating Revenue is Rs.4642.11 Cr. and Equity Capital is Rs.130.44 Cr. for the Year ended 31/03/2021. Welspun Corp Ltd. is a Public Limited Listed company incorporated on 26/04/1995 and has its registered office in the State of Gujarat, India.


WELCORP Share Price Target for Today

- Current Market Price: Rs.198

- Stop Loss: Rs.193

- Target 1: Rs.203

- Target 2: Rs.211

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects further buying opportunity in this stock and hence making this stock as the best stock to buy today.

 

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3. Astral Ltd (ASTRAL)

Astral Ltd is involved in the business activities of Manufacture of plastics products. Company’s Total Operating Revenue is Rs.2486.30 Cr. and Equity Capital is Rs.20.10 Cr. for the Year ended 31/03/2021. Astral Ltd. is a Public Limited Listed company incorporated on 25/03/1996 and has its registered office in the State of Gujarat, India.


ASTRAL Share Price Target for Today

- Current Market Price: Rs.2,129

- Stop Loss: Rs.2,076

- Target 1: Rs.2,185

- Target 2: Rs.2,245

- Holding Period: 1 week

5paisa Recommendation: Our technical experts observed positive chart for this stock and hence making this stock best stock to buy.

4. Man Infraconstruction (MANINFRA)

Man Infraconstruction is involved in the business activities of Construction of buildings carried out on own-account basis or on a fee or contract basis. Company’s Total Operating Revenue is Rs.119.61 Cr. and Equity Capital is Rs. 49.50 Cr. for the Year ended 31/03/2021. Man Infraconstruction Ltd. is a Public Limited Listed company incorporated on 16/08/2002 and has its registered office in the State of Maharashtra, India. 


MANINFRA Share Price Target for Today

- Current Market Price: Rs.119

- Stop Loss: Rs.116

- Target 1: Rs.122

- Target 2: Rs.126

- Holding Period: 1 week

5paisa Recommendation: Sideways move to end in stock and thus making this stock as one of the best stocks to buy today.

5. Varun Beverages (VBL)

Varun Beverages Ltd. is involved in the business activities of Manufacture of soft drinks; production of mineral waters and other bottled waters. Company’s Total Operating Revenue is Rs.6595.74 Cr. and Equity Capital is Rs.433.03 Cr. for the Year ended 31/12/2021. Varun Beverages Ltd. is a Public Limited Listed company incorporated on 16/06/1995 and has its registered office in the State of Delhi, India.


VBL Share Price Target for Today

- Current Market Price: Rs.984

- Stop Loss: Rs.960

- Target 1: Rs.1,008

- Target 2: Rs.1,038

- Holding Period: 1 week

5paisa Recommendation: Recovery on cards in this stock is expected and thus making this stock as one of the best stocks to buy today.
 

Share Market Today

 

Indices

Current Value

% Change

SGX Nifty (8:00 AM)

17,583

0.10%

Nikkei 225 (8:00 AM)

26,755.28

1.60%

Shanghai Composite (8:00 AM)

3,201.84

-0.36%

Hang Seng (8:00 AM)

21,274.67

-0.21%

Dow Jones (last close)

34,220.36

-0.26%

S&P 500 (last close)

4,397.45

-0.34%

Nasdaq (last close)

13,371.57

-0.30%

 

SGX Nifty indicates a flat opening for the Indian markets. Asian stocks are trading mixed. US stocks closed down as investors weighed the latest U.S. inflation data.

 

Also read: Low price stocks: These scrips are locked in the upper circuit on April 13

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