Looking for long-term investment stock ideas? Here are recommendations from HDFC Securities
Are you seeking long-term investment stock ideas? Several scrips under consideration at a domestic brokerage have the potential to grow and offer an upside of up to 21 per cent, spanning industries from infrastructure to finance. HDFC Securities recommends various stocks such as GAIL, NCC, Phoenix Mills, Amber Enterprises, City Union Bank, and others.
Here are the stock recommendations from the brokerage:
Long Term Investment: Buy GAIL shares
The brokerage has maintained a 'buy' call on GAIL stock with a target price of Rs 212.
Long Term Investment: Buy Phoenix Mills shares
HDFC Securities has maintained a 'buy' call on Phoenix Mills shares with a target price of Rs 3,600.
Long Term Investment: Buy Amber Enterprises shares
HDFC Securities has recommended buying the Amber Enterprises stock with a target price of Rs 4,350.
Long Term Investment: Buy City Union Bank shares
HDFC Securities recommends buying the City Union Bank (CUB) stock with a target price of Rs 175.
Long Term Investment: Buy ALLSEC Technologies shares
The brokerage has a 'buy' call on ALLSEC Technologies shares with target a price of Rs 1,162 and Rs 1,261. They also suggest adding on dips at levels of Rs 937-955.
Long Term Investment: Buy NCC shares
HDFC Securities recommends the infrastructure stock, NCC with a target price of Rs 306 and Rs 326. The brokerage also recommends adding on dips at levels of Rs 245 and Rs 250.