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Business News » Markets News

Stocks To Buy For 2023: Experts suggest these stocks for bumper gains next year - Check price target | New Year Pick 2023 on Zee Business

Stocks To Buy For 2023: The stocks were recommended in a special show 'New Year Pick 2023' aired on Zee Business 

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Stocks To Buy For 2023: Experts suggest these stocks for bumper gains next year - Check price target | New Year Pick 2023 on Zee Business
Stocks To Buy For 2023: Buy KNRCL, KIMS, Reliance. (Source: Zee Business)

Stocks To Buy For 2023: In a special show titled 'New Year Pick 2023' on Zee Business, market experts recommended their stock pick for investors to reap maximum profits in the coming year.

KNR Constructions Limited

Siddhartha Khemka, Retail Research Head at Motilal Oswal Financial Services, recommended KNR Construction as his pick for bumper gains in the year 2023.  Khemka said that the company's stock execution has improved. It has maintained an order book of Rs 8,000 crore and has received new orders of roughly Rs 3 to 4 crore.

He predicted a 2-year compound annual growth rate (CAGR) of 14 to 15 per cent and a strong margin of 18 to 19 per cent.

He said that KNRCL develops infrastructure across multiple domains, and added that the company will likely show a 30 per cent upside in 2023.

KNR Construction Share Price Target: Rs 350

Duration: 12 months

एक शेयर जो देगा शानदार मुनाफा

अगले एक साल में कमाई होगी जोरदार

जानिए एक्सपर्ट्स के NEW YEAR PICKS 2023

MOFSL के सिद्धार्थ खेमका का पसंदीदा शेयर KNR Constructions...क्यों खरीदें?#ZeeBizNewYear #NewYear2023 #Investment @AnilSinghvi_ @MotilalOswalLtd @sidd_khemka pic.twitter.com/dyVhzOUsfj

— Zee Business (@ZeeBusiness) December 21, 2022

Krishna Institute Of Medical Sciences (KIMS)

In the second segment of the show, Shrikant Chouhan - the Head of Research at Kotak Securities, recommended Krishna Institute Of Medical Sciences (KIMS) for bumper returns in the year 2023.

Chouhan said that the weekly charts of Telangana-based hospital chain show a higher top and higher bottom pattern. He opined that the medical industry on the whole is doing well, hence, the stock will yield strong profits for investors.

KIMS Share Price Target: Rs 2000

KIMS Stop Loss: Rs 1250

Duration: 12 months

एक शेयर जो देगा शानदार मुनाफा

अगले एक साल में कमाई होगी जोरदार

जानिए एक्सपर्ट्स के NEW YEAR PICKS 2023

कोटक सिक्योरिटीज के श्रीकांत चौहान का पसंदीदा शेयर KIMS...क्यों खरीदें?#ZeeBizNewYear #NewYear2023 #Investment @AnilSinghvi_ @Shrikantequity @kotaksecurities pic.twitter.com/qrogiGKozi

— Zee Business (@ZeeBusiness) December 21, 2022

Reliance Industries Limited

Market expert Shilpa Rout has recommended Reliance Industries stock as her pick for 2023, as the stock has a "strong base and consolidation". The charts of the stock show higher highs and higher lows indicating an uptrend. The stock is pitching for an extended target of Rs 3150 to 3200.  

She estimated a 20 per cent upside in the coming year.

Reliance Industries Share Price Target: Rs 3170

Reliance Industries Stop Loss: Rs 2460

Duration: 3 months

टेक्निकल चार्ट्स पर किस शेयर में मिलेगा दमदार रिटर्न?

देखिए 2023 के CHARTBUSTER में प्रभुदास लीलाधर की शिल्पा राउत की राय...@Neha_1007 | #ZeeBizNewYear | #NewYear2023 | #StockMarket | @Shilpa_R0UT | @PLIndiaOnline

देखिए #ZeeBusiness LIVE यहां- https://t.co/bJoBYfK3tl pic.twitter.com/7Te6upAe9z

— Zee Business (@ZeeBusiness) December 21, 2022

ALSO READ | Stocks to buy: BUY Can Fin Homes, Samvardhana Motherson, Delhivery shares – check price targets | New Year Picks 2023 on Zee Business

Click Here For Latest Updates On Stock Market | Zee Business Live

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
New Year Stock Picks
Written By: Manisha Kumari
Edited By: Hemant Abhishek
Updated: Wed, Dec 21, 2022
08:45 pm
New Delhi, ZeeBiz WebDesk
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