Guidance from Top Brokerage Houses: Promising Shares for Investors
Share Market : During festive seasons, investors often turn to reputable brokerage houses for advice on where to put their money. Leading brokerage companies in the country have recently shared insights on shares that look promising. Let’s delve into the details.
1. BOB Capital Markets, Axis Direct, ICICI Securities, and Edelweiss Brokerage – These established names in the brokerage world have highlighted a few stocks that seem to have strong potential for return on investments.
CIE Automotive: Currently priced at around ₹449, predictions suggest the share price could escalate to approximately ₹710, offering a potential return of up to 58%.
PVR Inox: With its current price hovering at ₹1645, the brokerage firms hint at a potential peak of about ₹2240, which translates to nearly a 36% possible return.
There’s another share, currently priced at ₹4976, which has the potential to reach a level of about ₹6200, offering an estimated return of 25%. Furthermore, the well-known ITC shares are trading around ₹434. Brokerage insights predict a potential high of ₹540, hinting at a prospective 24% return.
Havells: A favorite among many, Havells is currently trading at ₹1290. Expert opinions suggest the share could touch the ₹1600 mark, again pointing at an approximate return of 24%.
ICICI Prudential: Trading at about ₹525 currently, the brokerage companies see a potential high of ₹650, which can translate to a decent 23% return for investors.
In a nutshell, it’s clear that the festive season isn’t just about celebrations but also about seizing lucrative investment opportunities. And when the guidance comes from some of the top brokerage firms in the country, it’s certainly worth taking a moment to consider. However, as always, investors should carry out their due diligence and consult their financial advisors before making any investment decisions.
