Stocks to buy in November: Axis Direct names Nuvama, BEML and Petronet, sees up to 27% upside; target, rationale

Axis Direct recommends buying Nuvama Wealth Management at ₹1,764– ₹1,800, BEML at ₹1,975– ₹2,015 and Petronet LNG at ₹289– ₹295, citing improving technical momentum. It set respective target ranges of ₹2,166– ₹2,349, ₹2,335– ₹2,495 and ₹329– ₹349, with stop-losses of ₹1,599, ₹1,835 and ₹275.