Stocks to buy: Axis Bank, Birla Corp among 5 shares for 42% return
Stocks to buy: One may consider the brokerage recommendations for positive yield.
Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 42 per cent. 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.)
Axis Bank
Brokerage firm Nirmal Bang has recommended buying shares of Axis Bank for a target price of Rs 1130. On January 4, 2023, the stock ended at Rs 958 per share. Investors can earn a return of Rs 172 per share or up to 18 per cent. Image source- Pixabay
Birla Corp
Brokerage firm Nirmal Bang has recommended buying shares of Birla Corp for target price of Rs 1295 apiece. On January 4, 2023, the stock of the company settled at Rs 991 per share. Investors can earn a return of Rs 304 per share or up to 31 per cent. Image source- Pixabay
Elecon Engineering
Brokerage firm Nirmal Bang has recommended buying shares of Elecon Engineering for a target price of Rs 514 apiece. On January 4, 2023, the stock of the manufacturing company closed at Rs 364 apiece. Investors can earn a return of up to Rs 150 per share or 41 per cent. Image source- Pixabay
Sanghvi Movers
Brokerage firm Nirmal Bang has recommended buying shares of Sanghvi Movers for target price of Rs 483 apiece. On January 4, 2023, the stock finished at Rs.339 per share. Investors can earn a return of Rs 144 per share or up to 42 per cent. Image source- Pixabay
Ujjivan Small Finance Bank
Brokerage firm Nirmal Bang has recommended buying shares of Ujjivan Small Finance Bank for a target price of Rs 40 per share. On January 4, 2023, the scrip of the financial service company ended at Rs 30 apiece. Investors can earn a return of Rs 10 per share or up to 33 per cent. Image source- Pixabay