Stocks to Buy Today: March 14 2022 - RHIM, Birla Corporation, GHCL

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 14

1. RHI Magnesita (RHIM)

RHI Magnesita India is involved in the business activities of Manufacture of millstones, sharpening or polishing stones and natural or artificial abrasive products, including abrasive powder or grain on a base of textile material, paper, paper board or other material. Company’s Total Operating Revenue is Rs.1366.41 Cr. and Equity Capital is Rs.12.01 Cr. for the Year ended 31/03/2021. RHI Magnesita India Ltd. is a Public Limited Listed company incorporated on 26/11/2010 and has its registered office in the State of Delhi, India.

RHIM Share Price Details for Today: 

- Current Market Price: Rs.529

- Stop Loss: Rs.514

- Target 1: Rs.544

- Target 2: Rs.559

- Holding Period: 1 week

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

2. Speciality Restaurants (SPECIALITY)

Speciality Restaurant is involved in the business activities of Restaurants and mobile food service activities. Company’s Total Operating Revenue is Rs.150.14 Cr. and Equity Capital is Rs.46.96 Cr. for the Year ended 31/03/2021. Speciality Restaurants Ltd. is a Public Limited Listed company incorporated on 01/12/1999 and has its registered office in the State of West Bengal, India.

SPECIALITY Share Price Details for Today: 

- Current Market Price: Rs.153.5

- Stop Loss: Rs.149

- Target 1: Rs.158

- Target 2: Rs.162

- 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. Birla Corporation (BIRLACORPN)

Birla Corporation Lt is involved in the business activities of Finishing of jute, mesta and other vegetable textiles fabrics. Company’s Total Operating Revenue is Rs.4442.15 Cr. and Equity Capital is Rs.77.01 Cr. for the Year ended 31/03/2021. Birla Corporation Ltd. is a Public Limited Listed company incorporated on 25/08/1919 and has its registered office in the State of West Bengal, India.

BIRLACORPN Share Price Details for Today: 

- Current Market Price: Rs.1,150

- Stop Loss: Rs.1,118

- Target 1: Rs.1,183

- Target 2: Rs.1,235

- Holding Period: 1 week

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

4. GHCL LTD (GHCL)

GHCL is involved in the business activities of Manufacture of basic chemicals, fertilizer and nitrogen compounds, plastics and synthetic rubber in primary forms. Company’s Total Operating Revenue is Rs.2823.09 Cr. and Equity Capital is Rs.95.01 Cr. for the Year ended 31/03/2021. GHCL Ltd. is a Public Limited Listed company incorporated on 14/10/1983 and has its registered office in the State of Gujarat, India.

GHCL Share Price Details for Today: 

- Current Market Price: Rs.494

- Stop Loss: Rs.482

- Target 1: Rs.506

- Target 2: Rs.519

- Holding Period: 1 week

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

5. JK PAPER (JKPAPER)

JK Paper Ltd. is involved in the business activities of Manufacture of pulp, paper and paperboard. Company’s Total Operating Revenue is Rs.2741.60 Cr. and Equity Capital is Rs.169.40 Cr. for the Year ended 31/03/2021. JK Paper Ltd. is a Public Limited Listed company incorporated on 04/07/1960 and has its registered office in the State of Gujarat, India.

JKPAPER Share Price Details for Today: 

- Current Market Price: Rs.266.5

- Stop Loss: Rs.261

- Target 1: Rs.272

- Target 2: Rs.280

- 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 negative opening for the Indian markets. SGX Nifty is trading at 16,575.50 levels, down 74 points. (Updated at 8:45 AM).

International Market

Asian Market:

Most Asian stocks were trading lower. Japan's benchmark Nikkei 225 is up 0.69% to trade at 25,337.39. Hong Kong's Hang Seng is trading down 3.50% at 19,833.53, while the Shanghai Composite trades down 1.37% at 3,264.38.

US Market:

US stocks closed lower as uncertainty over Ukraine war persists. The Dow Jones Industrial Average closed down 0.69% at 32,944.19; the S&P 500 closed down 1.30%, at 4,204.31; and the Nasdaq Composite closed down 2.18% at 12,843.81.