Budget 2023 pick: This mid-cap cement company can deliver up to 27% return - Check price target

Budget Pick 2023: Market Expert Sudip Bandyopadhyay on Friday, January 27, recommended shares of Nuvoco Vistas to Zee Business viewers for bumper gains. The stock was recommended in a special segment 'Budget 2023- My Pick' aired on Zee Business.

Nuvoco Vistas

Nuvoco Vistas is a part of the business conglomerate Nirma Group. It is the fifth-largest cement group in India. The company is the leading cement player in East India, in terms of capacity.

Sudip recommended buying on the counter. He said by FY25, the company's capacity will be of 25 million Tonnes per annum through organic expansion.

He added that the demand and supply gap will give pricing power to the company.

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Nuvoco Vistas Share Price Target: Rs 500

Duration: 1 Year

Rashtriya Chemicals and Fertilizers Limited (RCF)

Shrikant Chouhan from Kotak Securities on Tuesday, January 24, has recommended shares of RCF to Zee Business viewers for bumper gains.  

RCF Share Price Target: Rs 200

Stoploss: Rs 95

South Indian Bank

Market expert Rahul Sharma on Monday, January 23, recommended shares of South Indian Bank to Zee Business viewers for bumper gains.

South Indian Bank Share Price Target: Rs 25

Stop loss: Rs 15

Metro Brands Ltd

Hemang Jani from Motilal Oswal on Friday, January 20, recommended shares of Metro Brands to Zee Business viewers for bumper gains.

Metro Brands Share Price Target: Rs 1,050

Duration: 1 Year

Read- Budget 2023: Buy IRB Infra shares- Check price target | Budget Pick 2023 on Zee Business