10 Stocks to Buy Today: Profit Jumps at Tech Mahindra, Tata Communications and Angel One, and a Jio Platforms Lift for Reliance

The 10 stocks to buy today come from Thursday's closing data on the NSE and BSE, when the Sensex rose 2.11 percent to 74,315.61 and the Nifty gained 1.66 percent to 22,997.35 on strength in IT shares. Each pick below pairs a specific catalyst with a technical target, a stop-loss and a market capitalisation, and each carries its own risk. Tech Mahindra reported its results after the close, so its opening price can differ sharply from Thursday's close.

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Ankit Jaiswal and Kunal Singla flag the levels using watch language, not firm buy calls. Targets and stop-losses are technical levels taken from SuperTrend bands, 20-day averages, Bollinger bands and Thursday's range, and they are not brokerage price targets. Prices and indicator levels are as of Thursday's close, market capitalisations are adjusted to that close, and P/E ratios use the latest available earnings.

10 Stocks to Buy Today: CMP, Target and Stop-Loss

Company	CMP	Target	Stop-Loss	Market Cap
Tech Mahindra	Rs 1,650.00	Rs 1,697.06	Rs 1,596.10	Rs 1,61,808 Cr
HDFC Asset Management Company	Rs 2,415.00	Rs 2,478.74	Rs 2,342.80	Rs 1,02,863 Cr
Tata Communications	Rs 1,763.70	Rs 1,866.00	Rs 1,689.68	Rs 50,284 Cr
Reliance Industries	Rs 1,215.00	Rs 1,262.55	Rs 1,177.20	Rs 16,46,092 Cr
Angel One	Rs 313.00	Rs 321.65	Rs 306.35	Rs 28,585 Cr
HCL Technologies	Rs 1,360.00	Rs 1,460.52	Rs 1,328.30	Rs 3,69,615 Cr
Adani Ports and Special Economic Zone	Rs 1,743.20	Rs 1,843.86	Rs 1,725.50	Rs 4,00,777 Cr
Bajaj Auto	Rs 10,385.00	Rs 10,617.80	Rs 10,202.00	Rs 2,85,080 Cr
NHPC	Rs 72.70	Rs 75.73	Rs 72.18	Rs 72,908 Cr
Karur Vysya Bank	Rs 345.65	Rs 373.59	Rs 336.00	Rs 33,825 Cr

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Catalyst and Risk for Each of the 10 Stocks to Buy Today

1. Tech Mahindra: Profit Up 33% With a Rs 15 Dividend and a 1:1 Bonus

Tech Mahindra closed at Rs 1,650, up 4.75 percent, and then reported consolidated net profit of Rs 1,586 crore, up 32.7 percent, with revenue of Rs 16,180 crore, up 15.6 percent. The board declared an interim dividend of Rs 15 a share with a record date of 23 October and recommended a 1:1 bonus issue. Ankit Jaiswal flags Rs 1,697.06, one average true range (Rs 47.06) above the close, as the target with a stop-loss at Rs 1,596.10, Thursday's low. The risks are that the results came after the close, the stop-loss is 3.3 percent below the close against a 2.9 percent target, and the P/E of 31.3 is well above the industry average of 18.27.

2. HDFC Asset Management Company: Revenue and EBITDA Above Estimates, Stock Up 5.1%

HDFC Asset Management Company closed at Rs 2,415, up 5.14 percent, after reporting September-quarter revenue of Rs 1,170 crore and EBITDA of Rs 930 crore, both above estimates, and net profit of Rs 749 crore, above the Rs 708 crore estimate. Kunal Singla flags Rs 2,478.74, the upper Bollinger band, as the target with a stop-loss at Rs 2,342.80, the 20-day average. The return on equity is 30.97 percent. The risks are that net profit fell 11 percent from the previous quarter, the MACD line is below its signal line and the P/E of 35.2 is about double the industry average of 17.97.

3. Tata Communications: Profit Up 86% to Rs 341 Crore

Tata Communications closed at Rs 1,763.70, up 6.32 percent, after reporting September-quarter consolidated net profit of Rs 341 crore, up 86 percent from Rs 183 crore a year earlier. Ankit Jaiswal flags Rs 1,866, Thursday's high, as the target with a stop-loss at Rs 1,689.68, the 20-day average. The return on equity is 31.91 percent and the SuperTrend is bullish with support at Rs 1,649.79. The risks are that the stock closed 5.5 percent below its high, the RSI is 68.8 and debt to equity is 3.55.

4. Reliance Industries: Jio Platforms Reports a Rs 1,065 to Rs 1,119 Price Band

Reliance Industries closed at Rs 1,215, up 3.44 percent, after reports that Jio Platforms set a price band of Rs 1,065 to Rs 1,119 for an initial public offering of about Rs 30,213 crore, with Reliance holding 66.43 percent before the issue. Kunal Singla flags Rs 1,262.55, the upper Bollinger band, as the target with a stop-loss at Rs 1,177.20, Thursday's low, and Rs 1,230.75, the SuperTrend resistance, as the first hurdle. The risks are that the issue dates are reported as provisional, the SuperTrend is still bearish and the return on equity is 8.94 percent.

Also read – Stocks to Watch Today: Wipro and Tech Mahindra Report, BHEL Profit Jumps 119% and Financials Slide

5. Angel One: Q2 Profit Up 58% With a Rs 1.40 Dividend

Angel One closed at Rs 313, up 2.27 percent, after reporting September-quarter net profit of Rs 334.97 crore, up 58.2 percent from a year earlier, on revenue of about Rs 1,427 crore, and a second interim dividend of Rs 1.40 a share with a record date of 22 October. Covering analysts also carry a unanimous Buy rating. Ankit Jaiswal flags Rs 321.65, the SuperTrend upper band, as the target with a stop-loss at Rs 306.35, Thursday's low. The risks are that profit grew far faster than revenue, debt to equity is 1.30 and the RSI is 63.2.

6. HCL Technologies: Q2 Profit Up 21% With the IT Sector Re-Rating

HCL Technologies closed at Rs 1,360, up 2.49 percent, after reporting a 21 percent rise in September-quarter profit earlier this week, with the Nifty IT index up 1.82 percent on Thursday. Kunal Singla flags Rs 1,460.52, the SuperTrend upper band, as the target with a stop-loss at Rs 1,328.30, Thursday's low. The return on equity is 24.08 percent and the P/E of 20.1 is slightly above the industry average of 18.27. The risks are that the close is 1.2 percent above the upper Bollinger band of Rs 1,343.81 and the RSI is 67.9.

7. Adani Ports and Special Economic Zone: Record First-Half Cargo of 280 Million Tonnes

Adani Ports and Special Economic Zone closed at Rs 1,743.20, down 0.31 percent, after reporting September cargo of 46 million tonnes, up 11 percent, and a record 280 million tonnes in the first half of FY27, up 15 percent. Ankit Jaiswal flags Rs 1,843.86, the SuperTrend upper band, as the target with a stop-loss at Rs 1,725.50, Thursday's low. The SuperTrend is bullish with support at Rs 1,670.29. The risks are a MACD line below its signal line and a close 1.5 percent below the 20-day average of Rs 1,770.61.

8. Bajaj Auto: September Exports Up 32% With the Stock Up 1.3%

Bajaj Auto closed at Rs 10,385, up 1.32 percent, after reporting September sales of 5,38,443 units, up 5 percent, with exports up 32 percent. Kunal Singla flags Rs 10,617.80, the SuperTrend resistance, as the target with a stop-loss at Rs 10,202, Thursday's low. The RSI of 34.9 is near oversold and the return on equity is 27.67 percent. The risks are that domestic sales fell 12 percent, the SuperTrend is bearish and the close is 2.4 percent below the 20-day average of Rs 10,635.35.

Also read – Intraday Stocks for Today: BHEL, Canara Bank and IDBI Bank Set Up After a Weak Wednesday for the Nifty

9. NHPC: A Unanimous 100% Buy Rating at an RSI of 32.9

NHPC closed at Rs 72.70, down 1.38 percent, with an RSI of 32.9, and every covering analyst rates the stock a Buy, which is the catalyst. Ankit Jaiswal flags Rs 75.73, the SuperTrend resistance, as the target with a stop-loss at Rs 72.18, Thursday's low. The P/E of 17.1 against an industry average of 21.61 and a dividend yield of about 2.2 percent support the case. The risks are that the stop-loss is only 0.7 percent below the close, the SuperTrend is bearish and the return on equity is only 9.09 percent.

10. Karur Vysya Bank: A Unanimous 100% Buy Rating With the Stock Up 1.3%

Karur Vysya Bank closed at Rs 345.65, up 1.29 percent, with a bullish SuperTrend supported at Rs 317.60, a MACD line above its signal line and a unanimous Buy rating from covering analysts. Kunal Singla flags Rs 373.59, the SuperTrend upper band, as the target with a stop-loss at Rs 336, Thursday's low. The P/E of 12.2 is slightly below the industry average of 12.88 and the return on equity is 19.45 percent. The risks are an RSI of 67.8, a target 8.1 percent away and a Q2 results date that is not yet confirmed.

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Conclusion

The 10 stocks to buy today pair recent catalysts with defined levels: results at Tech Mahindra, HDFC Asset Management Company, Tata Communications and Angel One, issue details for Reliance Industries, cargo data at Adani Ports and Special Economic Zone, exports at Bajaj Auto and Buy ratings at NHPC and Karur Vysya Bank. Ankit Jaiswal and Kunal Singla will be watching how Tech Mahindra opens after its results. Observe every stop-loss and consult a SEBI-registered adviser before acting on any of these 10 stocks to buy today.

Frequently Asked Questions

What are the 10 stocks to buy today?

Ans. The 10 stocks to buy today are Tech Mahindra, HDFC Asset Management Company, Tata Communications, Reliance Industries, Angel One, HCL Technologies, Adani Ports and Special Economic Zone, Bajaj Auto, NHPC and Karur Vysya Bank.

Which of the 10 stocks to buy today carry a 100% Buy rating?

Ans. NHPC, Karur Vysya Bank and Angel One each carry a unanimous 100 percent Buy rating from covering analysts.

What is the catalyst for Tech Mahindra?

Ans. Tech Mahindra reported net profit of Rs 1,586 crore, up 32.7 percent, declared an interim dividend of Rs 15 a share and recommended a 1:1 bonus issue.

What is the catalyst for Tata Communications?

Ans. Tata Communications reported September-quarter consolidated net profit of Rs 341 crore, up 86 percent from Rs 183 crore a year earlier.

How are the targets and stop-losses set?

Ans. They come from SuperTrend bands, 20-day averages, Bollinger bands, the average true range and Thursday's high and low, and are not brokerage price targets.

Why was the Tech Mahindra stop-loss set at Rs 1,596.10?

Ans. Rs 1,596.10 was Thursday's low, and the results came after the close, so the opening price can gap past this level in either direction.

What stop-loss should I use on these stocks to buy today?

Ans. Use the stop-loss stated for each stock in the table and confirm it against live prices before placing an order.

Should I buy all 10 stocks to buy today?

Ans. No single list fits every investor. Check your risk appetite, use the stated stop-loss and consult a SEBI-registered adviser.