Top 5 stocks that can help you make huge profits; brokerage gives 'buy' rating, know targets
Top- 5 Stocks to Buy: BSE Sensex and Nifty 50 both started their journeys on Tuesday (May 7, 2024) on a high note. The Nifty has topped the 22,450 mark. FMCG shares saw a sharp rise on Tuesday. Amid such a market situation, brokerage firm Motilal Oswal Financial Services has selected 5 fundamental stocks in the 'Investment Idea of the Week'. The brokerage has picked the shares with a one-year perspective. These shares can give returns of up to 28% in the next 1 year.
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KEI Industries
Motilal Oswal has selected KEI Industries in the 'Investment Idea of the Week'. It has given a 'buy' rating to the company. The target is Rs 5,000 per share. The stock can yield further returns of 28%.
L&T
Motilal Oswal has a 'buy' stance on the L&T stock. The share price target is Rs 4,400 per share. The stock can yield returns of 26%.
ICICI Lombard
Motilal Oswal has given a 'buy' rating on the stock of ICICI Lombard General Insurance Company. The target for it is Rs 2,100 per share. The stock can yield further returns of 25%.
Bharti Airtel
Motilal Oswal has given a 'buy' rating on the Bharti Airtel stock. The target is Rs 1,570 per share. The stock can yield further returns of 23%.
JSW Infrastructure
Motilal Oswal has a 'buy' stance on JSW Infrastructure stock. The target is Rs 300 per share. The stock can yield returns of 16%.