MarketSmith India, a well-regarded source for stock recommendations, has recently released its top stock picks for September 30, 2025. These recommendations are designed to provide investors with expert insights into potentially high-performing stocks, aiding them in making informed investment decisions.
Latest Stock Recommendations
Motilal Oswal reported MarketSmith India's recommendations which included three stocks with specific buy ranges, profit goals, and stop-loss levels:
- Hikal Ltd: This stock had a current market price of ₹403.75. The recommendation was to buy between ₹395-405, with a profit goal of ₹475 and a stop loss at ₹365. The suggested timeframe for this investment was 2-3 months.
- Shilpa Medicare Ltd: With a current market price of ₹873.25, the buy range was ₹860-875. The profit goal was set at ₹1,040, and the stop loss at ₹808, also with a 2-3 month timeframe.
- Azad Engineering Ltd: Currently priced at ₹1,579.05, the buy range was ₹1,550-1,580. The profit goal was ₹1890, with a stop loss at ₹1,427, and a shorter timeframe of 1-2 months.
Factors Considered in MarketSmith India's Recommendations
MarketSmith India utilizes the O'Neil methodology to identify stocks. This approach focuses on stocks that are forming bases or trading within buyable ranges. Additionally, the stocks are ranked highly based on earnings, relative strength, and buyer demand.
A Look at a Previous Recommendation
On September 8, 2025, MarketSmith India highlighted several stocks, including Kaynes Technology India. Kaynes Technology, an Electronics System Design & Manufacturing (ESDM) company, was noted to have broken out of a base and was trading within a buyable range. It had an EPS Rank of 98, indicating consistent earnings growth, and an RS Rating of 88, reflecting strong relative strength. The stock also exhibited "Buyer Demand at A," suggesting institutional interest. Catalysts for Kaynes Technology included new defense electronics contracts and capacity expansion.
General Market Trends
The broader market context is also important. On September 12, 2025, the Indian stock market closed with gains, led by stocks like ICICI Bank, Bajaj Finance, and Reliance Industries. The Nifty 50 closed at 25,114, up 0.43%.
Disclaimer:
It's important to remember that these are stock recommendations, not guarantees. Investment in the stock market is subject to market risk, and investors should carefully consider their own risk tolerance, conduct thorough research, and potentially consult with a financial advisor before making any investment decisions.
