If we see, as index has been quite dull, but stock specific action is quite good. So, we have chosen one from the capital space and one from the auto space. So, if we see L&T, capital space has been the outperformer, within that L&T has been our preferred pick.
Dixon Technologies doubled investors wealth in FY24 and may continue its rally. Traders advised to target Rs 8,000. Stock hit a record high of Rs 7,624. Momentum and indicators support further upside potential.
Birlasoft Ltd, part of the IT sector, has rallied more than 50% in 3 months to hit a fresh record high in January 2024. Short-term traders can look to buy the stock now for a target of Rs 888 in the next 3-4 weeks, suggest experts. The IT stock rose from Rs 526 as on 23rd October 2023 to Rs 822 as on 24th January 2024 which translates into an upside of 56% in just 3 months.