MarketSmith India, a source for stock recommendations, has recently highlighted several companies with potential for growth in the near term. These recommendations are based on a combination of factors, including current market price, profit goals, and stop-loss strategies, typically within a timeframe of a few months.

Recent Stock Recommendations

Here's a summary of some recent stock recommendations from MarketSmith India:

• Colgate-Palmolive (India) Ltd: This stock was recommended on August 29, 2025, with a buy price of ₹2,508, a target price of ₹2,890 within three months, and a stop loss at ₹2,310.
• United Spirits: Also recommended on August 29, 2025, with a buy price of ₹1,451, a target price of ₹1,650 within three months, and a stop loss at ₹1,370.
• Hikal Ltd: Recommended with a buy range of ₹395-405, a profit goal of ₹475, and a stop loss at ₹365, with a timeframe of 2-3 months. The current market price at the time of recommendation was ₹403.75.
• Shilpa Medicare Ltd: This stock was recommended with a buy range of ₹860-875, a profit goal of ₹1,040, and a stop loss at ₹808, with a timeframe of 2-3 months. The current market price at the time of recommendation was ₹873.25.
• Azad Engineering Ltd: Recommended with a buy range of ₹1,550-1,580, a profit goal of ₹1890, and a stop loss at ₹1,427, with a shorter timeframe of 1-2 months. The current market price at the time of recommendation was ₹1,579.05.

Performance of Indian Stock Market

On August 13, 2025, the Indian stock market experienced broad-based buying, leading to higher closing benchmarks amidst positive global cues. The Sensex gained 304 points, closing at 80,539.91, a 0.38% increase, while the Nifty 50 added 132 points, settling at 24,619.35, a 0.54% increase. Mid- and small-cap stocks performed particularly well, with the BSE Midcap rising 0.56% and the BSE Smallcap climbing 0.58%. This positive momentum was fueled by upbeat global cues and softer domestic inflation data, which boosted investor confidence.