Stocks to Buy Today: 5 Best Shares to Buy on 27-May-22

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 May 27, 2022

1. 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.201

- Stop Loss: Rs.195

- Target 1: Rs.207

- 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.

2. Bharat Dynamics (BDL)

Bharat Dynamics is involved in the business activities of manufacture of weapons and ammunition. Company’s Total Operating Revenue is Rs.1913.76 Cr. and Equity Capital is Rs.183.28 Cr. for the Year ended 31/03/2021. Bharat Dynamics Ltd. is a Public Limited Listed company incorporated on 16/07/1970 and has its registered office in the State of Telangana, India.

BDL Share Price Target for Today: 

- Current Market Price: Rs.741

- Stop Loss: Rs.722

- Target 1: Rs.760

- Target 2: Rs.779

- Holding Period: 1 week

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

3. Elgi Equipments (ELGIEQUIP)

Elgi Equipments is involved in the business activities of Manufacture of other pumps, compressors, taps and valves. Company’s Total Operating Revenue is Rs.1100.17 Cr. and Equity Capital is Rs.31.69 Cr. for the Year ended 31/03/2021. Elgi Equipments Ltd. is a Public Limited Listed company incorporated on 14/03/1960 and has its registered office in the State of Tamil Nadu, India.

ELGIEQUIP Share Price Target for Today: 

- Current Market Price: Rs.342

- Stop Loss: Rs.333

- Target 1: Rs.351

- Target 2: Rs.359

- 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.

4. JBM Auto (JBMA)

JBM Auto is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs.3168.16 Cr. and Equity Capital is Rs.23.65 Cr. for the Year ended 31/03/2022. JBM Auto Ltd. is a Public Limited Listed company incorporated on 05/11/1996 and has its registered office in the State of Delhi, India.

JBMA Share Price Target for Today: 

- Current Market Price: Rs.454

- Stop Loss: Rs.442

- Target 1: Rs.466

- Target 2: Rs.477

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is near support hence making this stock best stock to buy.

5. India Glycols (INDIAGLYCO)

India Glycols is involved in the business activities of manufacture of organic and inorganic chemical compounds. Company’s Total Operating Revenue is Rs.2279.52 Cr. and Equity Capital is Rs.30.96 Cr. for the Year ended 31/03/2021. India Glycols Ltd. is a Public Limited Listed company incorporated on 19/11/1983 and has its registered office in the State of Uttarakhand/Uttaranchal, India. 

INDIAGLYCO Share Price Target for Today: 

- Current Market Price: Rs.915

- Stop Loss: Rs.890

- Target 1: Rs.940

- Target 2: Rs.965

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects recovery on cards and recommends adding this stock in to your list of best stocks to buy today.

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