homevideos Newsmarket Newsstocks NewsLupin, M&M, oil marketing companies among top buzzing midcap stocks to trade on June 28
Lupin, M&M, oil marketing companies among top buzzing midcap stocks to trade on June 28
Here are some of the top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today.
Here are some of the top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today.
Keep an eye on Lupin Pharmaceuticals, Mahindra & Mahindra (M&M), oil marketing companies (OMCs) like Hindustan Petroleum, Bharat Petroleum and Indian Oil Corporation and NTPC.
Mumbai-based Lupin Pharmaceuticals is resilient despite the weakness in the market after the company announced partnership with US-drug maker Mylan for biosimilar drug Etanercept.
Mahindra & Mahindra, the country's third largest passenger vehicle maker, is the biggest gainer on the Nifty.
The stock is gaining after the company had investor day and farm equipment day in Nagpur and told that non-tractor business is doing well.
Brokerages are also very bullish on Mahindra & Mahindra. Deutsche Bank has a buy with a target price of Rs 975.
Oil marketing companies (OMCs) are in focus because of the rise in crude oil prices.
There could be some more pressure because the crude oil price surge is something that is here to stay, if you look at the strong fundamentals.
First Published: Jun 28, 2018 1:05 PM IST
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