Buy or Sell: Vaishali Parekh Recommends Three Stocks to Buy Today – June 11
Market expert Vaishali Parekh has selected three stocks that she believes investors should consider buying today, June 11. Here is a brief overview of each recommendation:
1. Larsen & Toubro (L&T)
*
Current Price:
₹1,590.40 *
Target Price:
₹1,750 *
Upside:
~10% L&T is a leading Indian engineering and construction conglomerate. The company has a strong track record of execution and is expected to benefit from the government’s focus on infrastructure development. Parekh notes that L&T’s order book is robust and the company is well-positioned to capture growth opportunities in the coming years.
2. HDFC Life Insurance Company
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Current Price:
₹681.40 *
Target Price:
₹750 *
Upside:
~10% HDFC Life is one of the largest life insurance companies in India. The company has a strong distribution network and a wide product portfolio. Parekh believes that HDFC Life is well-positioned to benefit from the growing demand for life insurance in India.
3. Marico
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Current Price:
₹497.65 *
Target Price:
₹550 *
Upside:
~10% Marico is a leading Indian consumer goods company with a portfolio of brands such as Parachute, Saffola, and Nihar. The company has a strong presence in the hair care, skincare, and edible oil markets. Parekh notes that Marico has a proven track record of innovation and is well-positioned to capitalize on the growing demand for packaged consumer goods in India.
Disclaimer:
The views expressed by Vaishali Parekh are her own and do not necessarily reflect the views of any other person or organization. Investors should conduct their own research before making any investment decisions.
