Stocks to buy: Buy Axis Bank, Asian Paints, DLF, Power Grid and Ajanta Pharma shares for 38% return

Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 38 per cent return to investors. 

Shivani Tiwari | Jan 17, 2023, 10:11 AM IST

Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 38 per cent return to investors. One may consider these 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.)

1/5

Ajanta Pharma

Ajanta Pharma

Ajanta Pharma

Brokerage firm Nuvama Wealth has recommended buying shares of Ajanta Pharma for a target price of Rs 1620 apiece. On January 16, 2023, the scrip settled at Rs 1,177. Investors can earn a return of Rs 443 per share or about 38 per cent.Image source- Pixabay

2/5

Power Grid

Power Grid

Power Grid

Brokerage firm Sharekhan has recommended buying shares of Power Grid for a target price of Rs 265 apiece. On January 16, 2023, the scrip settled at Rs 216. In this way, investors can get a return of Rs 49 per share or 23 per cent. Image source- Pixabay

3/5

Asian Paints

Asian Paints

Asian Paints

Brokerage firm Sharekhan has recommended buying shares of Asian Paints for a target price of Rs 3689 apiece. On January 16, 2023, the scrip settled at Rs 2,918. In this way, investors can get a return of Rs 771 per share or 26 per cent. Image source- Pixabay

4/5

DLF

DLF

DLF

Brokerage firm Sharekhan has recommended buying shares of DLF for a target price of Rs 470 apiece. On January 16, 2023, the scrip settled at Rs 373. In this way, investors can get a return of Rs 97 per share or 13 per cent. Image source- Pixabay

5/5

Axis Bank

Axis Bank

Axis Bank

Brokerage firm Sharekhan has recommended buying shares of Axis Bank for a target price of Rs 1140 apiece. On January 16, 2023, the scrip settled at Rs 912. In this way, investors can get a return of Rs 228 per share or 25 per cent. Image source- Pixabay

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