Profitable Stocks to buy: By the end of this year, these five stocks are likely to bounce up to 75%, invest today to earn big
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Stocks to buy
Brokerage firm IIFL Securities is confident about the higher jump in stocks like ITC, RBL Bank, HDFC Bank, and Coal India. He says that by the end of this year, these stocks can make big profits for investors.
Stocks to buy: Today, on the first day of the week, huge pressure is being seen on the stock market. On Monday, the Sensex opened with a fall of more than 1400 points. The Federal Reserve has made it clear that it will continue to increase the interest rate aggressively to bring inflation under control.
Market experts say that the fall in the Indian stock market is immediate. Investors can see this as an opportunity. Anuj Gupta, Vice President, IIFL Securities said that once again the Sensex will reach the level of 62 thousand. He has given investment advice for the next 4-6 months in five stocks. It is expected to accelerate in the coming days.
Stocks to Buy: ITC Share Outlook
At present, the share of ITC is at the level of Rs 314. By the end of this year, this stock is expected to reach the level of Rs 450. This is an increase of 43 percent. ITC’s stock is currently close to a 52-week high. This stock is expected to reach Rs 380 in the next one or two months. This stock has given a great return of 44 percent so far this year.
The Rs 320 level is crucial for this. HDFC Securities has set a short-term target of Rs 320. If this stock crosses this level then it will show a sharp move. Talking to Anil Singhvi, Managing Editor, Zee Business, expert Siddharth has set a target price of Rs 364 for this stock. Geojit Financial has set a target of Rs 352, Motilal Oswal Rs 355, ICICI Direct Rs 360, and Sharekhan have a target of Rs 350.
Stocks to Buy: Coal India’s share target price
At present, the share of Coal India is at the level of Rs 230. It is at its 52-week high. In the short term, the target of this stock has been given Rs 300 and the target for the end of this year is Rs 350. This is 52 percent more than the current level.
Keeping in mind the demand for coal, Motilal Oswal has kept the target price of Rs 290 for this stock. This stock has given a return of 67 percent so far this year. Sharekhan has kept the target price of this share at Rs 260. Axis Securities has set a target price of Rs 245 for this stock.
Stocks to Buy: RBL Bank share target price
Today the share of RBL Bank is trading at Rs 125 level. The target for the short term is Rs 180 and the target for the end of this year has been kept at Rs 220. This is 76 percent more than the current level. Its price-to-book value is also very low compared to its private bank peers. The stock market experts are quite bullish about this stock.
Stocks to buy: ICICI Bank share target price
At present, the share of ICICI Bank is trading at the level of Rs 856. The 52-week high is Rs 887. For the next one or two months, the target of this stock has been kept at Rs 1000 and the target for the end of this year is Rs 1150. This is an increase of 35 percent from the current level. Motilal Oswal has set a target price of Rs 1050 for this stock. Sharekhan has kept a target price of Rs 1040 for this share.
Stocks to buy: HDFC Bank share target price
At present, the share of HDFC Bank is trading at the level of Rs 1440. The 52-week high is Rs 1725. IIFL Securities has kept the target price of this stock at Rs 1600 in the short term and Rs 1800 at the end of this year. This is 25 percent more than the current level. Axis Securities has kept the target price of this stock at Rs 1840. ICICI Securities has kept the target price of this stock at Rs 1874.
