Stocks to Buy Today: March 03 2022 - Adani Total, GNFC, MGEL

Stocks to Buy Today

by 5paisa Research Team Last Updated: Dec 13, 2022 - 06:04 pm 35.1k Views

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 Today March 03

1. KEI Industries (KEI)

KEI Industries is involved in the business activities of Construction/erection and maintenance of power, telecommunication and transmission lines. Company’s Total Operating Revenue is Rs.4181.49 Cr. and Equity Capital is Rs.17.97 Cr. for the Year ended 31/03/2021. KEI Industries Ltd. is a Public Limited Listed company incorporated on 31/12/1992 and has its registered office in the State of Delhi, India.


KEI Share Price Details for Today

- Current Market Price: Rs.1,052

- Stop Loss: Rs.1,025

- Target 1: Rs.1,080

- Target 2: Rs.1,115

- Holding Period: 1 week

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

 

2. Gujarat Narmada (GNFC)

Gujarat Narmada Valley is involved in the business activities of Manufacture of urea and other organic fertilizers. Company’s Total Operating Revenue is Rs.5128.69 Cr. and Equity Capital is Rs.155.42 Cr. for the Year ended 31/03/2021. Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is a Public Limited Listed company incorporated on 10/05/1976 and has its registered office in the State of Gujarat, India.


GNFC Share Price Details for Today

- Current Market Price: Rs.583

- Stop Loss: Rs.569

- Target 1: Rs.597

- Target 2: Rs.608

- 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.

 

3. Mangalam Global (MGEL)

Mangalam Global Ent is involved in the business activities of Manufacture of vegetable and animal oils and fats. Company’s Total Operating Revenue is Rs.907.78 Cr. and Equity Capital is Rs.25.09 Cr. for the Year ended 31/03/2021. Mangalam Global Enterprise Ltd. is a Public Limited Listed company incorporated on 27/09/2010 and has its registered office in the State of Gujarat, India.


MGEL Share Price Details for Today

- Current Market Price: Rs.177.5

- Stop Loss: Rs.173

- Target 1: Rs.182

- Target 2: Rs.186

- Holding Period: 1 week

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

 

4. Praj Industries (PRAJIND)

Praj Industries is involved in the business activities of Manufacture of other special-purpose machinery. Company’s Total Operating Revenue is Rs.1088.54 Cr. and Equity Capital is Rs.36.65 Cr. for the Year ended 31/03/2021. Praj Industries Ltd. is a Public Limited Listed company incorporated on 08/11/1985 and has its registered office in the State of Maharashtra, India.


PRAJIND Share Price Details for Today

- Current Market Price: Rs.359

- Stop Loss: Rs.350

- Target 1: Rs.369

- Target 2: Rs.380

- Holding Period: 1 week

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

 

5. Adani Total (ATGL)

Adani Total Gas is involved in the business activities of Manufacture of gas. Company’s Total Operating Revenue is Rs.1695.60 Cr. and Equity Capital is Rs.109.98 Cr. for the Year ended 31/03/2021. Adani Total Gas Ltd. is a Public Limited Listed company incorporated on 05/08/2005 and has its registered office in the State of Gujarat, India.


ATGL Share Price Details for Today

- Current Market Price: Rs.1,668

- Stop Loss: Rs.1,622

- Target 1: Rs.1,715

- Target 2: Rs.1,756

- 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.

 

Share Market Today

SGX Nifty:

SGX Nifty indicates a positive opening for the Indian markets. SGX Nifty is trading at 16,674.50 levels, up 57.50 points. (Updated at 8:20 AM).

International Market

Asian Market:

Asian shares trades higher after reassuring comments from the Federal Reserve helped Wall Street rally, though the war in Ukraine sent oil and resource prices spiralling ever higher in a grim omen for global inflation. Japan's benchmark Nikkei 225 is up 0.80% to trade at 26,604.10. Hong Kong's Hang Seng is trading up 0.62% at 22,482.87, while the Shanghai Composite trades up 0.21% at 3,491.48.

US Market:

US stocks closed up after Federal Reserve Chair Jerome Powell signaled the central bank would likely raise interest rates less than some investors had feared. The Dow Jones Industrial Average closed up 1.79% at 33,891.35; the S&P 500 closed up 1.86%, at 4,386.54; and the Nasdaq Composite closed up 1.62% at 13,752.02.

 

Also read: Here’s a set of high dividend yield stocks that may help tide over a volatile market

How do you rate this blog?

or

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Open Free Demat Account

Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Latest Blogs
Weekly Outlook on Gold - 9 Jun 2023

Gold traded sideways after a 1% climb in the previous session, although gold headed for second straight weekly gains on bets that the U.S. Federal Reserve may pause rate hikes in its next week meeting. According to the Fed rate monitor tool, there was a 73.7% chance that the central bank will stand down from the rate hike next week. Market participants are keeping an eye on the next inflation reading due Tuesday.

  • Jun 09, 2023
Swing Trading Stocks: Week of 12 June 2023

Swing Trading Stocks for the Week

  • Jun 09, 2023
Weekly Market Outlook for 12 June to 16 June

In the week gone by, our markets continued its upmove during the mid-week and Nifty rallied towards 18800 mark. But it fell just short of making a new record and witnessed some profit booking towards the end of the week to end below 18600 with marginal weekly gains.

  • Jun 09, 2023

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number