Archive · 18 Aug 2025
Axis Securities: Paytm, Eternal, HBL Engineering Stocks May Rise
A financial company, Axis Securities, thinks three stocks—Paytm, Eternal (formerly Zomato), and HBL Engineering—could increase in value soon.
They believe these stocks will go up by as much as 20% in the coming weeks.
This is based on the way the stocks have been performing recently.
For example, Paytm has gone past a certain price level that suggests it will keep going up.
HBL Engineering has also broken through a difficult period, and Eternal shows a positive trend too.
This analysis means the company thinks it's a good time to invest in these stocks.
Axis Securities suggests buying Paytm, Eternal, and HBL Engineering.
These stocks are expected to rally up to 20% in the next 3-4 weeks.
Paytm broke above a resistance zone, indicating a medium-term uptrend.
HBL Engineering broke out of a consolidation zone, signaling a new uptrend.
Eternal (formerly Zomato) broke out of a Rounded Bottom pattern.
- Who
- Axis Securities
- What
- Axis Securities recommends buying Paytm, Eternal, and HBL Engineering.
- When
- In the next 3-4 weeks.
- Where
- N/A
- Why
- Due to strong technical parameters suggesting potential gains.
- Analyst Firm
- Axis Securities
- Stocks Mentioned
- Paytm, Eternal, HBL Engineering
- Potential Rally
- Up to 20%
- Timeframe
- 3-4 weeks
- Paytm Target Price
- Rs 1,244-1,285
- Eternal Target Price
- Rs 355-367
- HBL Engineering Target Price
- Rs 840-873