Stocks to Buy for Long Term: Largecap, midcap shares that analysts are bullish on for long term; note down targets

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Stocks to Buy for Long Term: Domestic equity benchmark Nifty 50 gave up 133.4 points (0.6 per cent) last week, as selling pressure in spaces like automobiles, pharmaceuticals, FMCG and IT offset buying interest in metal, energy and PSU stocks. Sustained foreign institutional investor (FII) outflows and jitters from an imminent global tariff war kept investors around the globe on their toes. As market participants eye fresh opportunities to make the most of the current fall on Dalal Street, analyst shave handpicked a few stocks to add to their portfolios. On their ‘buy’ lists are 10 stocks, including Jubilant FoodWorks, Maruti Suzuki India, ITC, MOIL, Havells and KEI Industries.      

Buy Marico shares, target Rs 780: Sharekhan

Sharekhan has a ‘buy’ call on Marico shares with a target of Rs 780 apiece. The target indicates an upside of 24.9 per cent in the largecap auto stock. 

Buy Maruti Suzuki shares, target Rs 14,500: Sharekhan

Sharekhan has a ‘buy’ call on the Maruti Suzuki India stock with a target price of Rs 14,500 per share. 

ALSO READ: Nifty Auto Index Review: Apollo Tyres set to exit sectoral index from March 28

Buy KEI Industries stock, target Rs 4,103: Geojit

Geojit has a ‘buy’ call assigned to KEI Industries with a target of Rs 4,103 apiece. 

Sharekhan maintains ‘buy’ on Jubilant FoodWorks, target implies 15% upside

Sharekhan has a ‘buy’ rating on the largecap quick service restaurant (QSR) stock with a target price of Rs 799. 

The target suggests a 15.4 per cent potential upside from Friday’s level. 

Buy ITC stock, target 449: Geojit

Geojit has a ‘buy’ rating assigned to cigarette giant ITC with a target price of Rs 449 apiece. 

Buy Ethos stock: Hem Securities

Hem Securities has a ‘buy’ rating assigned to Ethos shares with a target price of Rs 2,993 apiece. As of Friday’s closing price, the brokerage’s target implies an upside of 15.7 per cent in the midcap stock.

Buy Havells shares, target Rs 1869: Geojit

Geojit has a ‘buy’ call on Havells India shares. 

The brokerage’s target for the largecap FMEG stock stands at Rs 1,869 apiece.

Buy Hindware Home Innovation shares: BOB Capital Markets

BOB Capital Markets has a ‘buy’ rating on Hindware Home Innovation shares with a target of Rs 250 apiece. 

The target suggests an upside of almost 19 per cent in the smallcap scrip.

ALSO READ: Nifty Smallcap 250 Index Review: 33 stocks set to enter gauge from March 28; Mahindra Lifespace Developers, VIP Industries, Rajesh Exports among exclusions

Buy RateGain Travel stock: Hem Securities

Hem Securities has a ‘buy’ call on RateGain Travel Technologies shares with a target of Rs 620, suggesting an upside of almost 16 per cent from the current level. 

Buy MOIL stock, target Rs 400: Anand Rathi

Anand Rathi has a ‘buy’ call on MOIL shares with a target price of Rs 400, which implies a potential upside of nearly 24 per cent from Friday’s closing price.