4 Stocks To Buy This Week: Axis Bank, FIEM Industries, Jubilant Agri Among Top Picks | Target Prices

Stocks To Buy This Week: The Indian stock market saw significant volatility during Monday’s trading session and is likely to be impacted by renewed tensions in West Asia, crude oil price volatility, and other geopolitical factors. As investors navigate through market uncertainty, some banking, auto and speciality chemical stocks have emerged as top picks for this week.

Stocks Picks Of This Week

Axis Bank, FIEM Industries, Jubilant Agri & Consumer Products, and Landmark Cars are among the top stock picks of this week by Monarch Networth Capital. The target prices and recommendations are based on Friday’s closing prices

Axis Bank Share Price Target

Axis Bank stock’s technical structure has improved after the stock found support in the Rs 1,150-1,160 zone, as per Monarch Networth Capital report. The brokerage gave a target price of Rs 1400- Rs 1550 for a 3 to 4 month period, indicating a 22% upside in its valuation.

“Traders can look to accumulate AXISBANK in the 1255-1265 zone and expect upside targets of 1400-1550 over the next 3-4 months, with a stop loss below 1130 on a closing basis,” as per Monarch Networth Capital report.

Axis Bank share price closed 1.5% higher at Rs 1283 per share on BSE with a market capitalisation of Rs 3,99,408.53 crore on Monday, August 31. The stock had touched an intraday high of Rs 1,283 per share and an intraday low of Rs 1,251.65 per share.

FIEM Industries Share Price Target

FIEM Industries’ June quarter performance was in line with estimates, even when the margins were under pressure due to high RM costs and high employee expenses. Based on FIEM Industries’ earnings outlook, the brokerage gave a ‘Buy’ rating for the stock.

“We value FIEM at 20x Jun’28E earnings (21x previously) to arrive at TP of Rs 2,805 (Rs 2,790 previously). The increase in TP is mainly due to valuation roll forward, partially offset by cut in target multiple and earnings. We maintain BUY rating due to attractive valuations.”

FIEM Industries share price closed 2.51% lower at Rs 2036.45 per share on BSE with a market capitalisation of Rs 5,359.87 crore on Monday, August 31.
Jubilant Agri and Consumer Products Share Price Target

Jubilant Agri & Consumer Products Share Price Target

Jubilant Agri & Consumer Products reported strong first-quarter results driven by healthy traction across both the adhesive and industrial polymer businesses. The brokerage maintained a target price of Rs 2,745 per share with an upside of 28.2%.

The stock closed 8.18% higher at Rs 2310.65 per share on BSE with a market capitalisation of Rs 3,501.21 crore on Monday.

Landmark Cars Share Price Target

The upbeat performance of the company in the June quarter was driven by strong operating discipline, with lower employee and other expenses. The brokerage gave a ‘Buy’ rating to the stock with a target price of Rs 735 per share.

Landmark Cars stock closed 3.09% higher at Rs 518.29 per share on BSE with a market capitalisation of Rs 2,148.92 crore on Monday.