Stocks to buy: Marico, Federal Bank among 5 shares for 35% return
Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 35 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.)
Marico Ltd
Brokerage firm Motilal Oswal has advised buying shares of Marico Ltd stock for a target price of Rs 595 apiece. On January 5, 2023, the stock closed at Rs.515. Investors can earn a return of Rs 80 per share or 16 per cent. Image source- Pixabay
IPCA Laboratories
Brokerage firm Motilal Oswal has advised buying shares of IPCA Laboratories for a target price of Rs 1,000 per share. On January 5, 2023, the share of the pharmaceutical company ended at Rs 855. Investors can earn a return of Rs 145 per share or 17 per cent. Image source- Pixabay
VRL Logistics
Brokerage firm Motilal Oswal has advised buying shares VRL Logistics for a target price of Rs 730 apiece. On January 5, 2023, the share of the conglomerate finished at Rs 541per share. Investors can earn a return of Rs 189 per share or 35 per cent. Image source- Pixabay
Federal Bank
Brokerage firm Sharekhan has advised buying shares of Federal Bank for a target price of Rs 165 apiece. On January 5, 2023, the scrip of the private banking company settled at Rs 136. In this way, investors can further get a return of Rs 29 per share or 21 per cent. Image source- Pixabay
MOIL
Brokerage firm Sharekhan has advised buying shares of MOIL for a target price of Rs 205 apiece. On January 5, 2023, the counter settled at Rs 166. Investors can earn a return of Rs 166 per share or 23 per cent. Image source- Pixabay