DGCAMar 15
5 Stocks To Buy For Long Term: Brokerage recommends strong-fundamental stocks with targets implying up to 56% upside—Asian Paints, Ratnamani Metals, REC on the list
- Written by Ankit Kumar
Published: Zee Business| Updated: Zee Business
Stocks To Buy For Long Term: India’s equity market has been under pressure in recent weeks, weighed down by a sharp slide in the rupee, persistent FII outflows, a spike in global bond yields and profit-booking after the indices hit fresh record highs. Sentiment has also turned cautious ahead of key US Federal Reserve signals. Amid this volatility, domestic brokerage Mirae Asset–Sharekhan has released a new list of five long-term delivery ideas, aimed at investors who want to look past short-term swings and focus on companies with strong fundamentals and steady earnings visibility. The brokerage expects 15–56 per cent upside over the next 12 months across these picks.
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Disclaimer: The views, suggestions and recommendations expressed in this article are solely those of investment experts. Zee Business advises readers to consult their financial advisers before taking any investment decision.
1/5
1. Asian Paints Share Price Target
1/5Mirae Asset–Sharekhan continues to back Asian Paints as a structural long-term compounder. The brokerage says the company’s brand strength, unmatched distribution reach and its expanding premium paints portfolio place it firmly at the centre of India’s consumption and housing themes. With rural recovery gathering pace and urban housing demand staying firm, Asian Paints is expected to log healthy volume growth in the coming years.
Asian Paints Share Price Target
CMP: Rs 2,928 Rating: BUY Target price: Rs 3,360 Potential upside: 15% 52-week high/low: Rs 2,985 / Rs 2,125
2/5
2. Ratnamani Metals Share Price Target
2/5Ratnamani Metals & Tubes features on the list for its strong position in stainless-steel pipes and carbon-steel tubes. A healthy order book, rising infrastructure spending and renewed traction in gas pipeline projects are expected to support multi-year earnings visibility. The brokerage sees it as a sturdy long-term delivery candidate with strong fundamentals.
Ratnamani Metals Share Price Target
CMP: Rs 2,401 Rating: BUY Target price: Rs 2,900 Potential upside: 21% 52-week high/low: Rs 3,450 / Rs 2,258
3/5
3. REC Share Price Target
3/5REC Ltd remains a preferred bet in the power-finance space. The brokerage highlights its robust balance sheet, improved asset quality and the growing pipeline of renewable-energy financing. With its strong credit rating and low cost of funds, REC is positioned as a long-term beneficiary of India’s clean-energy transition.
REC Share Price Target
CMP: Rs 342 Rating: BUY Target price: Rs 535 Potential upside: 56% 52-week high/low: Rs 573 / Rs 336
4/5
4. Transport Corporation Share Price Target
4/5Transport Corporation of India stands to gain from rising logistics needs, a diversified multi-modal network and sustained demand from e-commerce and industrial clients. The brokerage expects stable margins and operational efficiencies to drive consistent earnings growth over the next few years.
Transport Corporation Share Price Target
CMP: Rs 1,042 Rating: BUY Target price: Rs 1,350 Potential upside: 30% 52-week high/low: Rs 1,301 / Rs 875
5/5
5. Kalpataru Projects Share Price Target
5/5Kalpataru Projects International completes the list, backed by a strong order book in power transmission and infrastructure EPC, a meaningful global footprint and exposure to long-term themes including the green-energy transition. Margin stability and steady execution make it one of the more attractive mid-cap engineering plays.
Kalpataru Projects Share Price Target
CMP: Rs 1,154 Rating: BUY Target price: Rs 1,570 Potential upside: 36% 52-week high/low: Rs 1,351 / Rs 770
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