Stocks to buy: Axis Bank, UltraTech, Zensar Tech among five stocks analysts suggest for up to 57% return
Stocks to buy: Brokerages have recommended five stocks to buy before the presentation of Union Budget 2023 in Parliament on February 1 for returns to the tune of 18-57 per cent.
(Disclaimer: The recommendations given here to invest in stocks are by brokerage houses. These are not the views of Zee Business. Consult your advisor before investing.)
Axis Bank
Axis Bank HDFC Securities recommends going long on Axis Bank for a target price of Rs 1,200 apiece — implying upside potential of 37.5 per cent from Monday's closing price. (Image source: Pixabay)
UltraTech Cement
UltraTech Cement HDFC Securities suggests buying UltraTech shares for a target of Rs 8,100 apiece. The brokerage's target indicates an upside of almost 18 per cent. (Image source: Pixabay
Ramkrishna Forgings
Ramkrishna Forgings ICICI Direct has a 'buy' call on Ramkrishna Forgings for a target price of Rs 335 apiece. At Monday's closing price, the brokerage's target implies a return of nearly 30 per cent. (Image source: Pixabay)
Zensar Tech
Zensar Tech IDBI Capital Markets suggests buying Zensar Tech shares for a target of Rs 280 apiece, implying a return of 27 per cent from Monday's level. (Image source: Pixabay)
Tanla Platforms
Tanla Platforms HDFC Securities recommends going long on Tanla Platforms for a target of Rs 990 apiece — implying upside potential of almost 57 per cent from Monday's closing price. (Image source: Pixabay)