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. 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.)
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
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
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
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
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