Stock in Focus: Exide, Va Tech Wabag, Glenmark Recommended by Rajesh Palviya of Axis Securities

Stock in Focus: Exide, Va Tech Wabag, Glenmark Recommended by Rajesh Palviya of Axis Securities

Axis Securities, a leading stockbroking and investment services provider, has released its top stock recommendations for the day. The recommendations were made by Rajesh Palviya, the Head of Research at the firm.

Palviya’s top stock picks for today are Exide, Va Tech Wabag, and Glenmark. He believes that these stocks have the potential to deliver strong returns in the short to medium term.

Exide:

Exide is a leading automotive battery manufacturer in India. Palviya recommends a buy rating on the stock, citing its strong market position, robust demand for batteries, and expansion plans.

Va Tech Wabag:

Va Tech Wabag is a global player in the water and wastewater treatment industry. Palviya recommends a buy rating on the stock due to its leadership in the water treatment market, strong order book, and attractive valuations.

Glenmark:

Glenmark is a pharmaceutical company with a focus on branded generics and biologics. Palviya recommends a buy rating on the stock, pointing to its strong product portfolio, growing presence in emerging markets, and a healthy balance sheet.

Palviya advises investors to consider these stocks for their portfolios, but also emphasizes the importance of conducting their own research and consulting with financial professionals before making investment decisions.

Keywords:

Stock in Focus
Rajesh Palviya
Axis Securities
Exide
Va Tech Wabag
Glenmark
Buy Rating
Stock Market News
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