Stocks to buy: Tata Motors, GMDC among 5 shares for up to 38% return
Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 38 per cent return. One may consider the brokerage recommendations for positive yield. Here are the five recommendations:
(Disclaimer: The advice given here to invest in stocks is given by a brokerage house. These are not the views of Zee Business. Consult your advisor before investing.)
IPCA Lab
IPCA Lab Brokerage firm Nuvama Wealth has recommended buying shares of IPCA Lab for a target price of Rs 1,010 apiece. On February 17, the stock closed at Rs 268. Investors can earn a return of Rs 180 per share or about 22 per cent. Pic: Pixabay
GMDC
GMDC Brokerage firm Nuvama Wealth has recommended buying shares of GMDC for a target price of Rs 186 apiece. On February 17, the stock closed at Rs 143. Investors can earn a return of Rs 43 per share or 30 per cent. Pic: Freepik
Tata Motors
Tata Motors Brokerage firm Motilal Oswal has recommended buying shares of Tata Motors for a target price of Rs 540 apiece. On February 17, the stock closed at Rs 440. Investors can earn a return of Rs 100 per share or 23 per cent. Pic: Reuters
Kansai Nerolac
Kansai Nerolac Brokerage firm Religare Broking has recommended buying shares of Kansai Nerolac for a target price of Rs 573 apiece. On February 17, the stock closed at Rs 414. Investors can earn a return of Rs 159 per share or 38 per cent. Pic: Pixabay
Ugro Capital
Ugro Capital Brokerage firm Keynote Capital has recommended buying shares of Ugro Capital for a target price of Rs 197 apiece. On February 17, the stock closed at Rs 154. Investors can earn a return of Rs 43 per share or 28 per cent. Pic: Pixabay