Top stocks to buy for short term: M&M, Engineers India and 1 other by Master Capital Services - Target price, stop loss
Dr Reddy is in focus.
· LiveMint Markets
Top stocks to buy for short term: An expert from Master Capital Services suggests a stock-specific approach for short-term investments.
The analysis
Against that, the stock is -2.3% on the day at ₹1,176.20, and has returned -13.2% over three months. It sits 14% below its 52-week high. The pharma & healthcare sector has moved +0.1% over the same period, so Dr Reddy is running 13.3 points behind its peers.
For Dr Reddy, the question is how much of this is already reflected in the price and how much re-rates the pharma & healthcare peer set alongside it.
Market context
- The company directly in focus is DRREDDY.
- Sector exposure: Pharma & Healthcare.
- The immediate tone of coverage reads negative.
In this story
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