Mehul Kothari's 3 buy calls may yield up to 34.19% returns in 1-12 months
Anand Rathi brokerage's analyst Brokerage has suggested buying two largecap, and smallcap stocks that could rise up to 34.19%.
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Looking for stock ideas with a perspective of 1-12 months? Mehul Kothari of Anand Rathi Brokerage has suggested buying shares of three companies, including two largecaps and one smallcap, which could rise up to 34.19 per cent in the next 1-12 months.
Shares to buy for long term
Kothari has a 'buy' stance on Shivalik Rasayan shares with long-term targets of Rs 1,000 and Rs 1,050 and a stop loss at Rs 720. The stock is expected to give a return of 34.19 per cent within 12 months.
Shares to buy for short term
Anand Rathi's analyst recommends buying Vedant Fashions shares for a short-term target of Rs 1,030 with a stop loss at Rs 890. The analyst has predicted a return of 10.52 per cent in the next 1-3 months.
Shares to buy for 3-6 months
Kothari recommends buying Tasty Bite Eatables shares for a target of Rs 12,000 with a stop loss at Rs 9,000. According to him, it could rise up to 21 per cent within 3-6 months.
Recommended stocks' past performance
Shivalik Rasayan's stock has given a return of 21.70 per cent in the last year, outperforming the Nifty 50 index. Vedant Fashions' stock witnessed a muted action in the same period, while Tasty Bite Eatables' stock plummeted 28.03 per cent over a year.
(Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.)
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