Stocks to buy: Asian Paints, DLF, Power Grid among 5 shares for up to 21% returns
Stocks to buy: Recommended five stocks which could yield strong returns of up to 21 per cent in the next 1 year.
Stocks to buy: Brokerage firms have recommended five stocks which could yield strong returns of up to 21 per cent in the next 1 year. One may consider the brokerage recommendations for positive yield.
(Disclaimer: The advice given here to invest in stocks is given by a brokerage house. These are not the views of Zee Business. Consult your advisor before investing.)
Asian Paints
Brokerage firm Sharekhan has recommended Asian Paints for a target price of Rs 3,689 apiece. On December 5, shares of the country's leading paint and decor company closed at Rs 3,152. Investors can earn a return of Rs 537 per share or about 17 per cent.
DLF
Brokerage firm Sharekhan has recommended to DLF for a target price of Rs 471 apiece. On December 5, 2022, shares of the real estate company quoted Rs 416 at the close. Investors can earn a return of Rs 55 per share or about 13 per cent.
PI Industries
Brokerage firm Sharekhan has recommended PI Industries for more than 20 per cent returns. The brokerage house said that one can buy PI Industries for a target price of Rs 4200 per share. On December 5, the counter finished at Rs 3,472 apiece. Investors can earn a return of Rs 728 per share or 21 per cent.
Power Grid
Brokerage firm Sharekhan has recommended to Power Grid for a target price of Rs 265 apiece. On December 5, 2022, shares of the state-run electric services company settled at Rs 221. Investors can earn a return of Rs 44 per share or about 20 per cent.
Polycab India
Brokerage firm Sharekhan has recommended to buying Polycab India shares for a target price of Rs 3215 apiece. On December 5, 2022, shares of cables and wires' manufacturer quoted Rs 2,671 at 3:30 PM. Investors can earn a return of Rs 544 per share or about 20 per cent.