Stocks To Buy: ICICI Bank, Deepak Nitrite, Pearl Global, Oriental Hotels Fundamental & Technical Picks

Four stocks are both fundamental and technical picks of SMC Global Securities for the trading week from June 22nd to June 25th. The market will be closed on Friday, June 26th for Muharram. These stocks are from diverse segments such as banking, hotels, apparels and chemicals. These are Deepak Nitrite and Pearl Global Industries, which are fundamental picks of the week, while ICICI Bank and Oriental Hotels are technical picks.

Here's what SMC Global Securities analysts highlight about the four stocks and why you should buy them:

Fundamental Stocks To Buy This Week:

Deepak Nitrite Share Price:

According to the analysts, the medium-to-long term growth outlook for Deepak Nitrite is highly positive, supported by structural downstream chemical diversification and agile domestic market dominance.

The company's management remains highly optimistic about structural margin recoveries extending into the early quarters of FY2027, backed by normalized captive nitric acid usage and incoming high-value specialty launches.

Thus, it is expected that the stock may see a price target of Rs.2024 in 8 to 10 months' time frame on one year average P/BVx of 4.24x and FY27 BVPS of Rs. 481.53.

Deepak Nitrite is one of the fastest-growing and chemical intermediates companies, with a diversified portfolio serving multiple industries including pharmaceuticals, agrochemicals, polymers, personal care, and more.

At present, Deepak Nitrite is trading at Rs 1654.15 apiece on BSE, up by nearly 1% with market cap of Rs 22,561.45 crore.

Pearl Global Industries Share Price:

Backed by a strong cash buffer of Rs. 634 crores, Pearl Global's business is fully funded to execute its next high-margin expansion phase across Vietnam and Bangladesh without diluting its top-tier 28% capital efficiency. Looking ahead, sticky retail relationships and structural free-trade tailwinds provide a highly visible, multi-year runway toward sustainable double-digit profit growth.

Thus, it is expected that the stock may see a price target of Rs.2079 in 8 to 10 months' time frame on one year average P/BVx of 5.55x and FY27 BVPS of Rs. 374.65.

Pearl Global is a leading multinational apparel supply chain manager and garment manufacturer.

At the time of writing, Pearl Global stock traded at Rs 1886.60 apiece, rising by nearly 5% on BSE with market cap of Rs 8,701.55 crore on June 22, 2026.

Technical Stocks To Buy This Week

ICICI Bank Share Price:

The second largest bank of India is also an attractive stock to buy this week. Analysts highlighted that ICICI Bank is showing signs of a potential trend reversal on the daily chart, with the stock rebounding strongly from a higher low formation around the Rs 1,220-1,230 zone. The recent up move has enabled the stock to reclaim the intermediate resistance near Rs 1,300 and move back above its long-term moving average, reflecting improving sentiment.

Notably, prices are now testing a falling trend line resistance drawn from the February highs, making the Rs 1,345-1,360 zone a crucial supply area. Momentum indicators are supportive, with RSI trending higher and MACD maintaining a positive crossover, suggesting strengthening bullish undertones. A decisive breakout above the descending trend line could confirm a change in trend and open the door for a move towards previous swing highs.

Therefore, one can take a conditional buy above the breakout level of 1360 levels with the expected upside of 1470-1480 levels with S/L below 1290 levels.

ICICI Bank is one of the largest bank of India and also included by RBI in the top 3 banks that are too big to fail. The other two are its rival HDFC Bank and SBI. ICICI Bank is also among the 10 most valued companies of India.

On BSE, ICICI Bank share price currently traded at Rs 1355.70 apiece, up by nearly 1% with market cap of Rs 9,72,349.46 crore.

Oriental Hotels Share Price:

For Oriental Hotels, analysts said that the company is exhibiting a formation of Inverse head-and-shoulders on the weekly chart, a pattern often associated with medium-term trend reversals. The stock has rebounded from the head near Rs 80 and formed a higher right shoulder around ₹95-100, while recently breaking
above the neckline resistance placed near Rs 118-120.

Prices have also reclaimed the long-term moving average, indicating improving market sentiment. Sustaining above the neckline zone could validate the breakout and pave the way for a continuation of the recovery trend, while the Rs 115-110 region is likely to act as an important support zone on any pullback.

Therefore, one accumulate a stock in range of 115-120 levels the expected upside of 140-145 levels with S/L below 104 levels.

Oriental Hotels is engaged in the hotel and resort business. At the time of writing, the stock traded at Rs 121.68 apiece, up by 0.4% on BSE with a market cap of Rs 2,173.19 crore.

Among the four stock picks, Pearl Global and Oriental Hotels are small caps, while Deepak Nitrite is a midcap and ICICI Bank is the large-cap stock on BSE and NSE.

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