Best Stock To Buy June 2022

Best Stock To Buy June 2022

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Like all securities, mutual funds are subject to market, or systematic, risk. This is because there is no way to predict what will happen in the future or whether a given asset will increase or decrease in value. Because the market cannot be accurately predicted or completely controlled, no investment is risk-free.

STOCK	ACTION	CMP	SL	TARGET 1	TARGET 2
HDFC Bank	BUY	1309	1244	1450	1600
HINDUNILVR	BUY	2160	2052	2366	2620
HINDALCO	BUY	364	340	400	450
LICI	BUY	670	635	740	815
IOC	BUY	114	108	125	140
SANGHVIMOV	BUY	209	202	229	250
BDL	BUY	796	770	880	950
AUROPHARMA	BUY	515	490	570	620
DEVYANI	BUY	156	142	175	195
DEEPAKNTR	BUY	1760	1785	1935	2100

The average holding period could be between 1-3 months on average.

1. HDFC Bank-HDFC Bank Ltd.

Financials
Private Banks

Largecap
With a market cap of ₹7,50,130 cr, stock is ranked 3

Low Risk
Stock is 1.50x as volatile as Nifty

HDFC Bank Limited offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side.

2. HINDUNILV– Hindustan Unilever Ltd.

Consumer Staples
FMCG – Household Products

Largecap
With a market cap of ₹5,16,886 cr, stock is ranked 5

Low Risk
Stock is 1.36x as volatile as Nifty

Hindustan Unilever Limited is engaged in fast-moving consumer goods business. The Company’s segments are Soaps and Detergents, Personal Products, Beverages, Packaged Foods, chemicals, water business and infant care products.

3. HINDALCO– Hindalco Industries Ltd.

Materials
Metals – Aluminium

Largecap
With a market cap of ₹86,412 cr, stock is ranked 52

Moderate Risk
Stock is 2.45x as volatile as Nifty

Hindalco Industries Limited is a aluminum rolling company. The Company is a producer of aluminum and copper.

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4. LICI-Life Insurance Corporation Of India

Financials
Insurance

Largecap
With a market cap of ₹4,48,885 cr, stock is ranked 7

Low Risk
Stock is 1.51x as volatile as Nifty

Life Insurance Corporation of India is engaged in the business of life insurance in and outside India. It has a diversified product portfolio covering various segments across individual products and group products.

5. IOC-Indian Oil Corporation Ltd.

Energy
Oil & Gas – Refining & Marketing

Largecap
With a market cap of ₹1,10,381 cr, stock is ranked 45

Low Risk
Stock is 1.60x as volatile as Nifty

Indian Oil Corporation Limited is engaged in refining business. The Company’s segments include Sale of Petroleum Products, Sale of Petrochemicals and Other businesses.

6. SANGHVIMOV-Sanghvi Movers Ltd.

Industrials
Business Support Services

Smallcap
With a market cap of ₹929 cr, stock is ranked 1,017

High Risk
Stock is 3.27x as volatile as Nifty

Sanghvi Movers Limited is a crane hiring company which provides hydraulic and crawler cranes to various industries in the infrastructure and core sector areas.

7. BDL-Bharat Dynamics Ltd.

Industrials
Aerospace & Defense Equipments

Smallcap
With a market cap of ₹15,088 cr, stock is ranked 258

Moderate Risk
Stock is 2.81x as volatile as Nifty

Bharat Dynamics designs and manufactures under water guided weapon systems

8. AUROPHARMA-Aurobindo Pharma Ltd.

Health Care
Pharmaceuticals

Midcap
With a market cap of ₹31,265 cr, stock is ranked 152

Low Risk
Stock is 1.95x as volatile as Nifty

Aurobindo Pharma Limited is a pharmaceutical company. The Company is engaged in producing oral and injectable generic formulations and active pharmaceutical ingredients (APIs).

9. DEVYANI-Devyani International Ltd.

Consumer Discretionary
Restaurants & Cafes

Midcap
With a market cap of ₹19,613 cr, stock is ranked 220

Moderate Risk
Stock is 2.91x as volatile as Nifty

The company operates quick service restaurants (QSR) chains. The Company is the franchisee of Yum Brands, KFC, Pizza Hut, TWG Tea and Costa Coffee. The Company is engaged in providing services under its brand name Vaango.

10. DEEPAKNTR-Deepak Nitrite Ltd.

Materials
Commodity Chemicals

Midcap
With a market cap of ₹25,279 cr, stock is ranked 177

Moderate Risk
Stock is 2.55x as volatile as Nifty

Deepak Nitrite Limited is a chemical manufacturing company. The Company’s segments include Bulk Chemicals and Commodities (BCC), Fine and Speciality Chemicals (FSC), and Fluorescent Whitening Agent (FWA).