Stocks to buy: SBI Life, HDFC Life, Bajaj Finance among 5 shares for 52% return
Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 52 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.)
Marico
Marico Brokerage firm Sharekhan has recommended buying shares Marico for a target price of Rs 645. apiece. On January 10, 2023, shares of the consumer goods company finished at Rs 510. Investors can earn a return of Rs 135 per share or about 26 per cent. Image source- Pixabay
HDFC Life Insurance
HDFC Life Insurance Brokerage firm Emkay has recommended buying shares of HDFC Life Insurance for a target price of Rs 700 apiece. On January 10, 2023, the scrip of counter settled at Rs 600. In this way, investors can get a return of Rs 100 per share or 17 per cent. Image source- Pixabay
SBI Life
SBI Life Brokerage firm Emkay has advised buying shares of SBI Life for a target price of Rs 1,630 apiece. On January 10, 2023, the counter settled at Rs 1,301. Investors can earn a return of Rs 329 per share or 25 per cent. Image source- Pixabay
Max Financial
Max Financial Brokerage firm Emkay has advised buying shares of Max Financial for a target price of Rs 920 apiece. On January 10, 2023, the counter settled at Rs 767. Investors can earn a return of Rs 153 per share or 20 per cent. Image source- Reuters
Bajaj Finance
Bajaj Finance Brokerage firm Prabhudas Lilladhar has advised buying shares of Bajaj Finance for a target price of Rs 8,953 apiece. On January 10, 2023, the counter settled at Rs 5,902. Investors can earn a return of Rs 3051 per share or 52 per cent. Image source- Freepik