Power Grid, Chola Finance, Lemon Tree & Finolex Industries: 4 stocks SMC Global suggest to buy

Amid the rising volatility in the Indian equity markets, domestic brokerage firm SMC Global has shares four stocks- Lemon Tree Hotels Ltd, Finolex Industries Ltd, Power Grid Corporation of India Ltd and Cholamandalam Investment and Finance Company Ltd- to bet on. The brokerage has chosen the former two based on its sound fundamentals, while the latter two appears to be strong on the technical parameters. Here’s what the brokerage has to say about these counters: Power Grid Corporation of India | Buy | Target Price: 345-350 | Stop Loss: Rs 290Power Grid has been maintaining its bullish trajectory, with prices…
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