# Mehul Kothari recommends JSW Energy, GMDC, IRCTC as top buys 2026-08-12T08:50:02+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Mehul Kothari of Anand Rathi Shares has named three stocks as top buys for August 12, 2026. JSW Energy can be bought between Rs 570-560, with a target of Rs 600 and a stop loss at Rs 550. The stock is trading above key EMAs and has positive DMI and RSI readings. Gujarat Mineral Development Corporation (GMDC) is a buy in the Rs 605-595 range, targeting Rs 655, with a stop loss at Rs 575. The stock has reversed from support and moved above its 21-day and 200-day EMAs. IRCTC is recommended for purchase between Rs 525-515, with a target of Rs 565 and a stop loss at Rs 492. Kothari notes a bullish divergence on the weekly RSI and says the near-equal-length correction of roughly 42% and 41% makes the current zone a potential reversal setup. The Times of India has clarified that the recommendations are the expert's own views. ## Coverage - timesofindia.indiatimes.com Tags: Anand Rathi Shares, GMDC, IRCTC, JSW Energy, stock recommendations, technical analysis Canonical: https://indianopinion.org/mehul-kothari-recommends-jsw-energy-gmdc-irctc-as-top-buys/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/mehul-kothari-recommends-jsw-energy-gmdc-irctc-as-top-buys/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.