5 stocks to buy for up to 28% returns in 1 year - Check targets

ZeeBiz WebTeam | Jun 12, 2024, 02:50 PM IST

Stocks to Buy: Prime Minister Narendra Modi has retained four high-profile ministries in his new government. It may help the implementation of projects faster. Amid this, brokerage firm Sharekhan has picked five stocks with strong fundamentals.

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Stocks to Buy: Sharekhan's best picks

Stocks to Buy: Sharekhan's best picks

The brokerage firm has picked five shares including Lupine, PNC Infra, Puravankara, Himatsingka and Axis Bank. These stocks can give returns of up to 28 per cent in the next 1 year.

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Stocks to Buy: Lupin

Stocks to Buy: Lupin

Stocks to Buy: Sharekhan has given a BUY rating on Lupin with a target of Rs 1,868 per share. On June 10, 2024, the counter had closed at Rs 1629. At this price, the stock can give further returns of 15 per cent.

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Stocks to Buy: PNC Infra

Stocks to Buy: PNC Infra

Stocks to Buy: The brokerage firm has given a BUY rating on PNC Infra with a target of Rs 660 per share. The counter had closed at Rs 525 in the last trading session. At this price, the stock can give further returns of 26 per cent.

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Stocks to Buy: Puravankara

Stocks to Buy: Puravankara

Stocks to Buy: Puravankara has got a BUY rating from the brokerage firm with a target of Rs 531 per share. On June 10, 2024, the share closed at Rs 429. From here, the stock still has the potential to give returns of 24 per cent.

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Stocks to Buy: Himatsingka

 Stocks to Buy: Himatsingka

Stocks to Buy: The brokerage firm has given a BUY rating on Himatsingka and has set a target of Rs 166 per share. On June 10, 2024, the share closed at Rs 130. At this price, the stock can yield further returns of 28 per cent.

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Stocks to Buy: Axis Bank

Stocks to Buy: Axis Bank

Stocks to Buy: Sharekhan has given a BUY rating on Axis Bank and has set the target per share at Rs 1,350. On June 10, 2024, the share closed at Rs 1,196. At this price, the stock can yield further returns of 13 per cent.

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Stocks to Buy: Disclaimer

Stocks to Buy: Disclaimer

Stocks to Buy: The advice to invest in stocks here has been given by the brokerage house. These are not the views of Zee Business. Consult your advisor before investing.

 

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