Stocks to buy HDFC Bank, Asian Paints among 5 shares with an upside potential of up to 23%
Stocks to buy: One may consider the brokerage recommendations for positive yield.
Stocks to buy: Brokerage firms have recommended five stocks which could yield strong returns of up to 23 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.)
HDFC Bank
Brokerage firm Sharekhan has recommended a buy HDFC Bank stocks for target price of Rs 1800 apiece. On December 8, 2022, the share closed at Rs 1,620 apiece. Investors can earn a return of Rs 180 per share or 11 per cent.
Cipla Ltd
Sharekhan has recommended a buy Cipla Ltd stock for a target price of Rs 1360 apiece. On December 8, 2022, the share finished at Rs.1,108 per share. Investors can earn a return of Rs 252 per share or about 23 per cent.
Asian Paints
Sharekhan has recommended a buy Asian Paints stock for a target price of Rs 3689 apiece. On December 8, 2022, the shares of the paint company ended at Rs.3,218 apiece. Investors can earn a return of Rs 471 per share or about 20 per cent.
J B Chemicals
BNP Paribas has recommended a buy J B Chemicals stock for a target price of Rs 2342 apiece. On December 8, 2022, the share of the pharmaceutical company settled at Rs 2,036. Investors can earn a return of Rs 306 per share or about 15 per cent.
AU Small Finance Bank
Brokerage firm Motilal Oswal has recommended a buy AU Small Finance Bank stock for a target price of Rs 750 per share. On December 8, 2022, the share of the small finance bank closed at Rs. 673 per share. Investors can earn a return of Rs 77 per share or about 11 per cent.