PSU Stocks to Buy: Analysts recommend Maharatna, Navratna, Miniratna scrips; BEL, Bharat Dynamics on the list
Analysts at domestic brokerages have handpicked several PSU stocks for short- to long-term investment horizons with up to a 33 per cent return.
Are you looking to invest in PSU stocks that have delivered substantial returns in recent years? Several domestic brokerages have recommended buying Maharatna, Navratna, and Miniratna scrips from various sectors, including defence and power.
Here is the list of these stocks along with targets:
PSU Stocks to Buy: Brokerages suggest buying several stocks
Analysts at Sharekhan, Motilal Oswal Financial Services Ltd (MOFSL), and Axis Securities have handpicked these stocks for short- to long-term investment horizons.
These PSU stocks could rise up to 33 per cent
They expect up to a 33 per cent return from these PSU stocks based on Monday's closing prices.
Sharekhan recommends buying BEL shares
Sharekhan has recommended buying Bharat Electronics Ltd (BEL) shares for a target of Rs 445. According to the brokerage target, the BEL stock could rise to 5.6 per cent in the future term.
MOFSL bullish on CONCOR shares
MOFSL has given a 'buy' call on Container Corporation of India shares with a target of Rs 980. According to the given target, the CONCOR stock has an upside of 33.31 per cent.
Axis Securities 2 Stock Picks: NTPC and Bharat Dynamics
Axis Securities has recommended buying two PSU stocks: NTPC and Bharat Dynamics.
NTPC share price target
Axis Securities' analysts have recommended buying NTPC shares for a target price of Rs 365. According to the brokerage, the NTPC stock has potential upside of 9.74 per cent.
Bharat Dynamics share price target
Moreover, Axis Securities has given a short-term buy call on Bharat Dynamics shares with a 15-day target of Rs 2,055. The given target implies an upside of 6.03 per cent from Monday's closing.
(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.)