Brokerages suggest these 5 stocks that can provide up to 35% returns, know targets
At the closing, Nifty remained unchanged and closed at 22,302.50, while the Sensex marginally declined by 45 points to close at 73,466.39 on Wednesday, May 8.
Meanwhile, a look at brokerages ICICI Direct, IDBI Capital, Axis Securities, and HDFC Securities call on some stocks that they suggested buying for a long-term perspective.
Firstsource Solutions
ICICI Direct has given a 'buy' rating on this stock with a target price of Rs 235, which is almost 23 per cent upside from the stock's closing price of Rs 191.50 on Wednesday, May 8. The target period is 12 months.
M&M Financial Services
IDBI Capital has given a 'buy' rating on M&M Financial Services stock with a target price of Rs 325 which is a 27 per cent upside from the stock's closing price of Rs 255.10 on Wednesday, May 8.
The Anup Engineering
ICICI Direct has given a 'buy' rating on this stock with a target price of Rs 2,600, which is a 33 per cent upside from the stock's closing price of Rs 1959.95 on Wednesday, May 8. The target period is 12 months.
Ethos Ltd
Axis Securities has given a 'buy' rating on this stock with a target price of Rs 2,577 which is a 15 per cent upside from the stock's closing price of Rs 2237.85 on Wednesday, May 8.
Aptus Value Housing Finance Ltd
Axis Securities has given a 'buy' rating on this stock with a target price of Rs 400 which is a 23 per cent upside from the stock's closing price of Rs 324.30 on Wednesday, May 8.