The stock market is always filled with ups and downs. Yet, there are certain stocks that consistently offer opportunities for gains. Selecting these winning stocks is not a straightforward task. However, leading brokerages have recently recommended investing in some select stocks. Based on these brokerages’ research, these stocks have the potential to offer up to a 50% return.
It’s essential to note that when brokerages suggest a target price, it often refers to an expected price a year from the present. So, if you invest in these recommended stocks, they could potentially reach the given target within a year. During this time, the stock price may fluctuate, sometimes even dropping, but this should not be a cause for concern.
Here are the six top stock recommendations:
- Shobha Limited Share Price
- Current Price: ₹681
- Target Price: ₹1024
- Potential Return: Up to 50%
- Recommending Brokerage: HDFC Securities
- State Bank of India Share Price
- Current Price: ₹589
- Target Price: ₹790
- Potential Return: Up to 35%
- Recommending Brokerage: BNP Paribas
- ICICI Bank Share Price
- Current Price: ₹942
- Target Price: ₹1230
- Potential Return: Up to 32%
- Recommending Brokerage: BNP Paribas
- Axis Bank Share Price
- Current Price: ₹994
- Target Price: ₹1290
- Potential Return: Up to 30%
- Recommending Brokerage: BNP Paribas
- Prestige Estate Projects Share Price
- Current Price: ₹652
- Target Price: ₹786
- Potential Return: Up to 26%
- Recommending Brokerage: HDFC Securities
- Deepak Nitrite Share Price
- Current Price: ₹2117
- Target Price: ₹2535
- Potential Return: Up to 22%
- Recommending Brokerage: JM Financial
It’s always advised to conduct personal research and consult with financial advisors before making any investment decisions.