Best shares to buy today: Raja Venkatraman recommends three shares

Copyright © HT Digital Streams Limit all rights reserved. Markets Raja Venkatraman 4 min Read 03 Apr 2025, 05:30 am ist Best Stocks To Buy Today: Raja Venkatraman of Neotrader recommends three shares for Wednesday, April 3. Summary Best Stocks To Buy Today: Raja Venkatraman of Neotrader recommends three shares for Wednesday, April 3. The Indian stock market often reveals hidden jewelery, especially during phases of active buying and short coverage. The goal is to identify key factors that, when combined, can deliver meaningful returns in the coming weeks. The focus is on chemical and energy -related stocks these days. Three best shares to buy today, recommended by Neotrader Raja Venkatraman for Thursday, April 3 • Gujarat Alkalies and Chemicals Ltd: Buy above £ 650, stop £ 628, target £ 695-715 • Suzlon Energy Ltd: Buy above £ 58, stop £ 55, target £ 65-68 Read it | From drought to revival: Track QIPS The way for new lists? • MRPL: Buy above £ 140, stop £ 133 target £ 148-153 Key factors considered: Fundamental strength: We analyze firms with fixed financial statistics, including constant turnover growth, high profit margins, low debt-to-equity ratios and a strong return on equity. These indicators indicate financial stability and operational efficiency. Emerging sectors: We focus on high growth industries, such as renewable energy, biotechnology and artificial intelligence, where businesses often have unused potential and long-term scalability. Management and Innovation: A company’s leadership, business model and innovation ability play an important role in its success. Businesses with strong management teams and unique offers are often well positioned for sustained growth. Three shares that buy today, recommended by Neotrader Raja Venkatraman: • Gujarat alkaline and chemicals: Buy above £ 650, stop £ 628, target £ 695-715 Gujarat alkaline and chemicals Ltd (Gujalkali), a key player in the chemical industry, the production capitity expanded. The company invests in new projects, including a biting soda plant and other chemical facilities, to strengthen its market position and meet the increasing demand. Read it | The manufacture of PMI -Rebounds – but four not yet in Q3FY25, Gujalkali has achieved a steady financial performance, with turnover growth supported by increased production and operational efficiency. The company remains focused on sustainability and innovation, and fits in line with industrial trends and environmental standards. The share has risen by 20% since early March, followed by some profit discussion. However, the prices were stuck without any significant damage, and Wednesday’s expansion strengthened the volatility of the volatility. The last few weeks have been a period of consolidation, but with the addition of momentum, long occasions look favorable. Currently, the formation of a strong bullish Christmas signals has renewed upward momentum. A rebound of lower levels, together with sustained buying interest, indicates further potential. Look at the complete image (Source: Tradingview) Technically, constant congestion at lower levels has led to an interior formation of interior chandelier in mid-March, indicating a potential basis. The rising positive directional movement index (DMI) further supports the bullish prospects. With prices showing signs of strength, it can be a great opportunity to go long on current levels. • Suzlon: Buy above £ 58, stop £ 55, target £ 65-68 Suzlon Energy Ltd, a leading renewable energy solution provider, still reinforces its position in the wind energy sector. In Q3FY25, the company achieved record quarter deliveries of 447 MW, which brought its total of nine months to 977 MW. Suzlon also has an increase in profit at 91%year -on -year, with a net profit of £ 388 crore and an EBITDA of £ 500 crore, which reflects the profitability. The company expands its manufacturing capacity to 4.5 GW, with upgraded facilities in Puducherry and Daman. The order book stands on a record-high 5.5 GW, fueled by a strategic focus on commercial and industrial (C&I) and PSU customers (PSU). After having a steady decline for most of 2024 due to prolonged profit discussion, Suzlon has been a strong base over the past few months. A double -bottom pattern has now caused a sharp recovery, giving a possible reversal of the trend. Look at the full image (Source: Tradeview) A definite move above the key resistance zone at £ 55, as indicated by technical maps, indicates further potential. The recent candle formation with a long body emphasizes sustained buying interest, strengthening the bullish sentiment. With the picking up of momentum, it provides a compelling opportunity to go long. • MRPL: Buy above £ 140, stop £ 133 target £ 148-153 Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of ongc and a schedule ‘a’ mini gearn business, keep improving its operational efficiency and innovation. In Q3FY25, MRPL scored a net profit of £ 309 crore, which was a strong turnaround from a loss of £ 697 in the previous quarter, despite a 12% drop in turnover to £ 21,871. The company also achieved a milestone with its highest crude processing volume of 4.54 million tonnes and the Venezuelan Merey-16 crude oil processed for the first time. The company is focused on diversifying rough resources and optimizing production efficiency, strengthening its foothold in the refinement and petrochemical sector despite global challenges. MRPL saw a strong recovery, with a renewed buying interest after a getaway above the most important resistance levels around £ 130. The backlash of lower levels, supported by a strong momentum, indicates further potential. Prices keep firm near the moving average tires, strengthening a bullish prospect. Look at the complete image (Source: Tradeview) also read | Zomato’s growth path: Where will the stock be in 3 years? With an upward trajectory that takes shape, the breakdown of the recent consolidation phase indicates the growing bullish momentum. The rising average direction index (ADX) signals reinforce the trend momentum, making it a promising long opportunity. Raja Venkatraman is co-founder, Neotrader, and a Sebi-registered research analyst. His registration number for research analysts is INH000016223. 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 #stocks to buy #stock -recommendations Mint Specials