SMC Global Securities Names Varun Beverages, Century Plyboards and Technical Picks Greaves Cotton, Fortis Healthcare for Week Ahead

SMC Global Securities lined up four stocks for the trading week of June 8 to 12. Two names are fundamental picks, and two are chart-based calls. The list spans FMCG, wood panels, engineering, and healthcare. Investors usually run independent checks before taking any position.

The four stocks are Varun Beverages, Century Plyboards, Greaves Cotton and Fortis Healthcare. Varun Beverages and Century Plyboards sit in the fundamental basket. Greaves Cotton and Fortis Healthcare appear as technical picks for the coming week. The note also flags targets, time horizons, and stop-loss levels.

Stock	Pick type	NSE price mentioned	Target / key trade levels	Time frame / risk level
Varun Beverages	Fundamental	Rs 521.90	Target Rs.595	8 to 10 months; P/BVx 9.04x; FY27 BVPS Rs. 65.80
Century Plyboards	Fundamental	Rs 768	Target Rs.883	8 to 10 months; P/BVx 6.54x; FY27BVPS Rs.135.08
Greaves Cotton	Technical	Rs 191.67	Buy 188-192; upside 215-218	S/L below 175
Fortis Healthcare	Technical	Rs 961.10	Buy above 980; upside 1080-1095	S/L below 910

Greaves Cotton is showing a possible inverse head-and-shoulders breakout on the weekly chart. The head formed near the ₹125 area, with higher shoulders on both sides. The neckline near ₹170-₹175 got reclaimed, as per the note. The stock also moved above a long-term moving average, suggesting improving sentiment.

SMC added that RSI and MACD are firming up, which supports the pattern. If the price holds above the neckline, buyers may return. The trading plan suggests accumulation in the 188-192 band. The expected rise is towards 215-218, with S/L below 175. Last week, the stock gained 4% to Rs 191.67.

SMC Global Securities stocks: Fortis Healthcare range trade

Fortis Healthcare is consolidating in a rectangle on the daily chart after a sharp rebound. Support is seen around ₹920-₹930, while resistance sits near ₹970-₹980. The note described this as a pause within a wider uptrend. Prices stayed above a long-term moving average, which kept the main trend positive.

Momentum signals are also settling after the recent rally, the note said. That may indicate softer selling pressure. A clear move above the range top may act as a bullish trigger. The suggested trade is a conditional buy above 980. The upside is 1080-1095, with S/L below 910. Fortis rose 3.3% last week to Rs 961.10.

SMC Global Securities stocks: Varun Beverages fundamentals

Varun Beverages ended last week at Rs 521.90 on the NSE. The stock fell nearly 1% over the week. Year-to-date, it rose over 6.1%. Over one year, returns were near 10%. SMC said the company outlook stayed robust, backed by demographics, urban migration, and rising purchasing power.

SMC also pointed to the revised PepsiCo EBA, which removed older non-compete limits. The note added that greenfield units in Buxar, Prayagraj, and Meghalaya have stabilised. This, it said, created a base for steady capacity use. SMC projected a target of Rs.595 in 8 to 10 months. The note cited P/BVx of 9.04x and FY27 BVPS of Rs. 65.80.

SMC Global Securities stocks: Century Plyboards demand drivers

Century Plyboards closed at Rs 768 on the NSE, with a weekly rise of over 1.3%. Even so, the stock fell over 7% year-to-date. Over one year, it declined by nearly 1%. The note said demand from housing, interior infrastructure, and furniture supported the outlook. It also cited plywood leadership, MDF penetration, and capacity expansion.

SMC flagged improving return ratios, strong use of capacity, and disciplined capital allocation. It also highlighted a wide product mix that supports earnings visibility. Near-term margins may face raw material inflation and geopolitical risks. Still, the note pointed to an expansion pipeline and a healthy balance sheet. SMC set a target of Rs.883 in 8 to 10 months, using P/BVx of 6.54x and FY27BVPS of Rs.135.08.

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