Budget 2023 pick: This fertilizer PSU stock can yield 40% return - check price target

Budget Stock To Buy 2023: Shrikant Chouhan from Kotak Securities on Tuesday, January 24, has recommended shares of RCF to Zee Business viewers for bumper gains. The stock was recommended in a special segment 'Budget 2023- My Pick' aired on Zee Business.

Rashtriya Chemicals and Fertilizers Limited (RCF)

RCF is an Indian central PSU that produces chemical and fertilizers. Based in Mumbai, it is under the ownership of the Government of India and under the administrative control of the Ministry of Chemicals and Fertilizers.

Shrikant said as per the light chart stock has formed a long-term formation. In November 2022, the stock witnessed a price and volume breakout, he added.  

RCF Share Price Target: Rs 200

Stoploss: Rs 95

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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