Stocks To Buy Next Week: Varun Beverages, Century Ply, Greaves Cotton, Fortis Fundamental & Technical Picks

For the upcoming trading week from June 8th to 12th, two stocks are fundamental and two stocks are technical picks of brokerage SMC Global Securities. These are from various sectors, offering a diverse investment options. However, it is always advisable to do your own research and analysis before any investments either be in stocks. The names of the four stocks are Varun Beverages, Century Plyboards, Greaves Cotton and Fortis Healthcare.

Here's what analysts at SMC Global Securities said in their note for these four stocks:

Fundamental Stock Picks For June 8-12:

1. Varun Beverages Share Price:

Last week, on NSE, the PepsiCo franchisee holder, Varun Beverages' share price ended at Rs 521.90 apiece. The stock recorded a weekly downside of nearly 1%, but year-to-date, Varun Beverages has surged by over 6.1%. In a year, the stock has given nearly 10% returns.

In SMC's view, the outlook of the company remains robust, supported by strong demographic tailwinds, urban migration, and expanding purchasing power in its core operating regions. By removing historical non-compete barriers via the revised PepsiCo EBAand stabilizing greenfield facilities in Buxar, Prayagraj, and Meghalaya, the company has set up a solid base for sustained capacity deployment.

Thus, it is expected that the FMCG stock may see a price target of Rs.595 in 8 to 10 months' time frame on current P/BVx of 9.04x and FY27 BVPS of Rs. 65.80.

Century Plyboards Share Price:

Unlike Varun Beverages, this plywood maker witnessed a healthy last week. The stock price stood at Rs 768 apiece on NSE, with a weekly upside of over 1.3%. However, year-to-date, Century Plyboards share price has plunged by over 7% and in a year, the decline is nearly 1%.

Though, as per the experts note, the company is well-positioned to benefit from strong demand across housing, interior infrastructure and furniture segments, supported by market leadership in plywood, growing MDF penetration and ongoing capacity expansion. Improving return ratios, strong capacity utilization, disciplined capital allocation and a diversified product portfolio provide visibility for sustainable earnings growth.

While near-term profitability may remain exposed to raw material inflation and geopolitical uncertainties, SMC's note said, the company's expansion pipeline, healthy balance sheet, and focus on operational efficiency are expected to support long-term value creation and strengthen its competitive position within the wood panel industry.

Thus, it is expected that the stock may see a price target of Rs.883 in 8 to 10 months' time frame on current P/BVx of 6.54x and FY27BVPS of Rs.135.08.

Technical Stocks Pick Next Week:

Greaves Cotton Share Price:

As per SMC's note, Greaves Cotton is showing signs of a potential inverse head-and-shoulders breakout on the weekly chart, a pattern often associated with medium-term trend reversals. After a prolonged corrective phase, the stock has formed a well-defined head near the ₹125 zone, flanked by two higher
shoulders, while the neckline around ₹170-₹175 has recently been reclaimed.

Also, the breakout is supported by improving price structure, with the stock moving back above its long-term moving average, indicating a gradual shift in sentiment from distribution to accumulation. Momentum indicators such as RSI and MACD also appear to be strengthening, adding credibility to the bullish setup. If the stock manages to sustain above the neckline, it could attract fresh buying interest and potentially mark the beginning of a new upward cycle.

Therefore, one can accumulate a stock in range of 188-192 levels with the expected upside of 215-218 levels with S/L below 175 levels.

Currently, Greaves Cotton share price stood at Rs 191.67 apiece on NSE, with weekly gains of 4%.

Fortis Healthcare Share Price:

The next technical pick is Fortis Healthcare, which is currently at Rs 961.10 apiece on NSE. Fortis surged by nearly 3.3% last week.

According to the experts, Fortis Healthcare is consolidating within a well-defined rectangular range on the daily chart after staging a strong recovery from lower levels, indicating a healthy pause within the broader uptrend. The stock has repeatedly found support around the ₹920-₹930 zone while facing resistance near ₹970-₹980, reflecting a phase of accumulation as buyers absorb supply. Notably, prices continue to trade above the long-term moving average, suggesting the primary trend remains positive.

Additionally, SMC's note said, momentum indicators are also stabilizing after the recent rally, hinting that selling pressure is gradually fading. A decisive breakout above the upper boundary of the consolidation range could act as a fresh bullish trigger and pave the way for the next leg higher.

Overall, the chart structure points to strengthening underlying demand, with bulls maintaining a firm grip despite the ongoing consolidation. Therefore, one can take a conditional buy into a stock above breakout level of 980 for the expected upside of 1080-1095 levels with S/L below 910 levels.

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