Domestic financial institutions--Geojit Investment Ltd and Choice Equity Broking--have picked International Gemological Institute (IGI) and Crompton, respectively, for a short-term trade ranging between a month and six months. Geojit sees a 30 per cent uptick potential in IGI shares from the current level in the next 6 months, while Choice Equity projects a rise in Crompton shares to Rs 230 in a month. 

If you might be looking for a short-term trade for decent uptick potential, then these equities could be a great pick as suggested by institutions. 

International Gemological Institute Target Price 

Geojit suggests buying the stock between Rs 390-400, while putting a stop-loss at Rs 333 per share. 

Buy Recommendation

Between Rs 390-400

Target Price

Rs 510

Estimated Return

30 per cent

Stop Loss

Rs 333

Time Frame

6 months

Crompton Greaves Consumer Electricals Ltd Share Price Target 2026 

Choice Equity Broking saw a nearly 13 per cent uptick in Crompton shares in a month, suggesting trading around Rs 202.80. 

Buy Price

Around Rs 202.80

Stop Loss

Rs 189

Target Price

Rs 230

Estimated Uptick

Over 13 per cent from Rs 202.80

Duration

One Month
 

What Did Geojit Investment Ltd Say?

  • Geojit said that IGI's revenue in Q2FY27 climbed significnatly by 31 per cent year-on-year (YoY) to Rs 398cr,
  • The company's net profit rose 43 per cent to Rs 186 crore for the quarter.
  • Geojit noted that Lab-grown certification revenue rose 37 per cent on unset stones and 47 per cent on finished jewellery.
  • IGI Ltd is a leading independent certification and
  • grading company for diamonds, coloured gemstones, and jewellery.

What's Choice Equity Broking Analysis, About Crompton

  • The brokerage said that CROMPTON has taken strong multi-year horizontal support around the Rs 190– Rs 200 zone
  • Historically, this important demand area has led to strong bullish rallies, indicating strong buying interest and price rejection at lower levels.
  • The momentum indicator is further supporting a potential upside reversal. The monthly Relative Strength Index (RSI) is at 36.25, which is approaching the oversold area where price fluctuations historically often begin.
  • A sustained hold above this demand floor would pave the way for a recovery trajectory towards Rs.230.

Disclaimer: This story is for informational purposes only. It should not be considered as investment advice. Please seek advice from a certified advisor before investing.