Recommended stocks to buy today: Top stock choices by market experts for April 30
Copyright © HT Digital Streams Limit all rights reserved. Markets Livemint 3 min Read 30 Apr 2025, 06:00 AM IT Top Stock Recommendations for Today, April 30. (Bloomberg) Summary Recommended shares to buy: Discover the best shares by market experts Raja Venkatraman and Marketsmith India for Wednesday 30 April. Indian stock markets experienced a largely subdued trading day on Tuesday, April 29. Nevertheless, the Nifty 50 managed to stay above the 24,300 point, and the Sensex rose slightly to settle on 80.288.38. Among sectors, shares of information technology have led the profits, supported by renewed world technology optimism. However, the pressure of metal and pharmaceutical stocks, and geopolitical tensions between India and Pakistan, compensates some of the larger market gain. Here are 3 shares to buy on Wednesday, April 30, as recommended by Neotrader’s Raja Venkatraman Buy: Shipping Corp of India (Current Market Price: £ 182.67) Why It Is Recommended: SCI is now the largest Indian ship enterprise, which includes a wide range of services, including transportation of goods and passengers, offshore support, and more. With its diversified fleet and strategic partnerships, Sci is well positioned to take advantage of growth in global trade and logistics, making it a compelling long opportunity. IMPORTANT STATISTICS: P/E: 8.38; 52-week High: £ 384.20; PART: 3.32 million Technical Analysis: Support at £ 172; Resistance at £ 250 Risk factors: Dependency on global trade dynamics and fluctuations in freight rates can affect revenue. In addition, geopolitical tension and rising fuel costs can pose challenges. Buy at: CMP and Dips up to £ 180 Target Price: £ 198-206 In 1 month Stop loss: £ 177 Buy: Punjab Chemicals and Crop Protection (Current Market Price: £ 1,076,65) Why it is recommended: The pesticides and agrochemicals enterprise recently outperformed its peer group. Despite mixed achievements over different timeframes, the shares of small cap currently lead the market. It is positioned for growth as demand for specialty chemicals rises worldwide. Key metric: P/E: 37.26; 52-week High: £ 1,575; Part: 8.791 Technical Analysis: Support at £ 1,000; Resistance at £ 1,300 risk factors: dependence on raw material costs and global trade dynamics could affect profitability. Regulatory changes and competition in the specialty chemicals market can also pose challenges. Buy at: CMP and Dip to £ 1,100 Target Price: £ 1.180-1.225 in 1 month Stop loss: £ 1.020 Buy: Apollo pipes (current market price: £ 402.80) Why it is recommended: Apollo pipes are well positioned to take advantage of growing demand in industrial and shipping sectors. It is a leading manufacturer of PVC pipes and accessories in India, with a presence in various sectors such as plumbing, sanitation and infrastructure. The maps consolidate the last few days and the revival in momentum calls us to start a long time. IMPORTANT STATISTICS: P/E: 58.95; 52-week High: £ 694.75; Part: 91.800 Technical Analysis: Support at £ 390; Resistance at £ 470 risk factors: dependence on raw material costs and fluctuations in demand from industrial sectors, including delivery, could affect profitability. In addition, competition in the market for pipe and infrastructure can pose challenges. Buy at: Boven £ 408 and drop to £ 390 Target Price: £ 435-445 in 1 month Stop Loss: £ 380 Two Shares recommendations by Marketsmith India For April 30 Buy: Tube Investments of India Ltd (Current Market Price: £ 2,797,5) Why it is recommended: strong and diversified Growth Strategies Key Metrics: P/E: 43.70; 52-Week High: £ 4,810.80 Technical Analysis: Recycle its 50-DMA risk factors: exposure to cyclical industries, Intense market competition purchases at: £ 2,797,5 Target price: £ 3.150 in three months stop loss: £ 2.680 Buy: Beml (current market price: £ 3,211) Why it is recommended: Progress in defense and aviation. Key Statistics: P/E: 49.44, 52-Week High: £ 5.488 Technical Analysis: Downward Sloping Trendline Outbreak Risk Factors: Dependency on Government’s Orders, Raw material Price Flight Grade Buy: £ 2,980 Raja Venkatram. Co-founder, neotrader. His SEBI registered research analyst registration no. is INH000016223. Marketsmith India: Brand Name: William O’Neil India Pvt. Ltd. The SEBI registered registration number for research analyzes is INH000015543. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and Certification of Nisma does not guarantee the performance of the intermediary or ensuring returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. This does not represent the views of coin. We advise investors to check with certified experts before making investment decisions. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. More Topics #indian Stock Market #Stock Recommendations #nifty 50 #Sensex #Investment Tips Mint Special