Stocks to buy: Jubilant Foodworks, L&T among 5 shares for up to 54% return
Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 54 per cent. One may consider the brokerage recommendations for positive yield.
(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.)
Jubilant Foodworks
Global brokerage firm HSBC has maintained a ‘buy’ on shares of Jubilant Foodworks with a target price of Rs 700 apiece. The stock on Wednesday closed at Rs 453 per share. Investors can earn a return of 54 per cent from the current market price. Image source- Pixabay
Delhivery
Brokerage firm Credit Suisse has retained the ‘Outperform’ rating on the shares of logistics sector company Delhivery with a target price of Rs 500 apiece. The scrip on Wednesday settled at Rs 336 per share. Investors can earn a return of up to 48 per cent. Image source- Pixabay
GAIL India
Global brokerage firm CLSA has maintained ‘buy’ on GAIL India stock and has raised the target to Rs 125 apiece from Rs 110 per share. The stock of the petroleum company ended at Rs 96 apiece on February 22. Investors can earn a return of 30 per cent on the stock. Image source- Pixabay
L&T
Citi has maintained ‘buy’ on L&T with a target price of Rs 2630 apiece. The stock of the construction company closed at Rs 2195 apiece on Wednesday. Image source- Pixabay
TVS Motor
Global brokerage firm JP Morgan has maintained an ‘Overweight’ rating on shares of TVS Motor and has raised the target to Rs 1330 per share from Rs 1235 per share. Image source- Pixabay