As Nifty50 roars to all-time high, 10 stocks analysts recommend buying for long term
Here are 10 stocks that analysts are betting on from a long term perspective.
Dalal Street is clocking new highs every day and many investors, especially those who have missed the bus, are constantly looking for stock ideas for their portfolios. Here are 10 stocks that analysts are betting on from a long term perspective at the current juncture.
(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult their investment advisers before making any financial decision.)
ICICI Direct has a 'buy' call on gold financier Manappuram Finance with a target of Rs 200.
The brokerage is positive on the NBFC's ulaltered focus on business growth with its diversification strategy gradually taking shape.
Manappuram's core strength still prevails in small ticket loans, according to ICICI Direct.
Amara Raja Energy and Mobility
ICICI Direct has a 'buy' rating on Amara Raja Energy and Mobility with a target of Rs 900.
The brokerage is positive on the company given the steady growth prospects in its base business, its increasing focus in the new energy domain, the merger of related businesses at fair value, its healthy balance sheet and inexpensive valuations.
Nuvama has initiated coverage on Bihar-headquartered modern multi-brand consumer electronics retail chain Aditya Vision with a long-term buy recommendation and a target price of Rs 4,002 per share.
The brokerage is positive on the company's growth prospects citing strong industry tailwinds, store additions and high-quality offerings. and expects its EBITDA margin to stay steady at 10 per cent.