The consolidation amid range-bound trading may continue, with Friday’s low likely acting as support. Below are some short-term trading ideas to consider.
Net Sales are expected to increase by 2.9 percent Y-o-Y (up 3.6 percent Q-o-Q) to Rs. 1,409.9 crore, according to Prabhudas Lilladher.
Motilal Oswal is bullish on Astral recommended buy rating on the stock with a target price of Rs 1650 in its research report dated September 29, 2025.
Mirae Asset Sharekhan is bullish on Astral has recommended buy rating on the stock with a target price of Rs 1643 in its research report dated August 25, 2025.
ICICI Securities is bullish on Astral has recommended buy rating on the stock with a target price of Rs 1540 in its research report dated August 13, 2025.
Prabhudas Lilladher is bullish on Astral has recommended buy rating on the stock with a target price of Rs 1503 in its research report dated August 13, 2025.
Astral shares fell after the company posted a 32.7 percent drop in Q1 profit and missed street estimates, with brokerages maintaining a cautious outlook.
Consolidation is likely to continue, with the indices attempting to defend the previous Thursday’s low in the upcoming session. Below are some short-term trading ideas to consider.
Prabhudas Lilladher is bullish on Astral has recommended buy rating on the stock with a target price of Rs 1630 in its research report dated May 22, 2025.
Stocks to Watch, 22 May: Stocks like NBCC (India), Jindal Poly Films,Hindustan Zinc,Data Patterns (India), Zinka Logistics Solutions, KPR Mill, Aarti Industries, Birlasoft, Hindustan Copper, Gallantt Ispat, Geojit Financial Services, Teamlease Services, Mankind Pharma, Astral, GMM Pfaudler, Rail Vikas Nigam, IRCON International, VA Tech Wabag, and Oil India will be in focus on May 22.
Stocks to Watch, 08 May: Stocks like Tata Chemicals, Mangalore Chemicals and Fertilizers, Sonata Software, Satin Creditcare Network, Somany Ceramics, Niva Bupa Health Insurance Company, Kfin Technologies, Astral, Mahindra and Mahindra, Suven Pharmaceuticals, and Vodafone Idea will be in focus on May 8.
The market could see some consolidation and profit booking in the upcoming sessions, though the overall trend remains positive. Below are some trading ideas for the near term.
Net Sales are expected to increase by 4.3 percent Y-o-Y (up 21.3 percent Q-o-Q) to Rs. 1,695.2 crore, according to PL Capital.
Prabhudas Lilladher is bullish on Astral has recommended buy rating on the stock with a target price of Rs 1808 in its research report dated January 31, 2025.
Stocks To Watch, Jan 31: Stocks like Bajaj Holdings & Investment, Container Corporation of India, Prestige Estates Projects, Greenlam Industries, Phoenix Mills, Jindal Steel & Power, Bank of Baroda, Astral, Praj Industries, Navin Fluorine International, Ajanta Pharma, JSW Steel, Torrent Power, and Western Carriers will be in focus on January 31.
Net Sales are expected to increase by 6.9 percent Y-o-Y (up 6.9 percent Q-o-Q) to Rs. 1,464.9 crore, according to PL Capital.
Anand Rathi is bullish on Astral has recommended buy rating on the stock with a target price of Rs 2666 in its research report dated November 26, 2024.
The pipes sector is seeing an impact on volumes a result of extended monsoons and sharp fall in PVC prices.
Prabhudas Lilladher recommended Accumulate rating on Astral with a target price of Rs 1929 in its research report dated November 08, 2024.
Sharekhan is bullish on Astral has recommended buy rating on the stock with a target price of Rs 2150 in its research report dated November 07, 2024.
Stocks like VA Tech Wabag, Ircon International, Indian Metals & Ferro Alloys, Gujarat State Petronet, Nelcast, Cochin Shipyard, Aditya Birla Fashion & Retail, GR Infraprojects, and Teamlease Services will also be in focus on November 8.
Immediate support for the Nifty 50 is seen at 25,700, with a crucial level at 25,500, while resistance is expected around the 25,900-26,000 range. Here’s a look at the ‘buy on dip’ opportunities and stocks to avoid, according to market experts.
ICICI Securities recommended hold rating on Astral with a target price of Rs 1956 in its research report dated September 12, 2024.
Prabhudas Lilladher recommended hold rating on Astral with a target price of Rs 2225 in its research report dated August 12, 2024.
The Nifty 50 is likely to consolidate with immediate resistance at 24,200 and support at 24,000. Here are some trading ideas for the near term.