Stocks to buy: BUY Can Fin Homes, Samvardhana Motherson, Delhivery shares – check price targets | New Year Picks 2023 on Zee Business

Stocks to buy: IIFL Securities Director and market expert Sanjiv Bhasin on Monday, December 19, recommended shares of Can Fin Homes to Zee Business viewers for bumper returns in 2023. He said that the company’s home loan book size will double and the new Chief Business Officer (CEO) will commence his tenure by the end of this year. 

Shares of Can Fin Homes quoted Rs 533.30 apiece on NSE, up 1.72 per cent from previous close of Rs 524.30 

Can Fin Homes Share Price Target: Rs 779 

Duration 12 months 

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Bhasin also recommended shares of Samvardhana Motherson International for bumper returns in 2023. He said that European car sales are the highest in two years and this will give Original Equipment Manufacturer (OEM) an advantage. 

Shares of Samvardhana Motherson International Ltd traded at Rs 70.25 apiece on NSE at the time of filing this report.

Samvardhana Motherson Share Price Target: Rs 120

Duration 12 months 

एक शेयर जो देगा शानदार मुनाफा

अगले एक साल में कमाई होगी जोरदार

एक्सपर्ट्स के NEW YEAR PICKS 2023

@iiflsecurities के संजीव भसीन के पसंदीदा शेयर Canfin Homes, Samvardhana Motherson International Ltd क्यों खरीदें?#ZeeBizNewYear @sanjiv_bhasin @AnilSinghvi_ #StockMarket pic.twitter.com/q3kCwQOhYc

— Zee Business (@ZeeBusiness) December 19, 2022

Another market expert Ambareesh Baliga recommended shares of Delhivery to Zee Business viewers as his ‘New Year Pick 2023’. 

Ambareesh said that Delhivery is India’s largest growing express logistics player. He said that it has a strong market share in three of the fastest growing areas— express passing, partial upload and third-party logistics and has 13 per cent market share in overall e-commerce express passing market growth.

According to Ambareesh the company will be back on track to achieve real earnings before interest, taxes, depreciation, and amortization (EBITDA) positive in next 12-15 months. He said that the company is growing at 25 per cent Compound Annual Growth Rate (CAGR).

Delhivery Share Price Target: Rs 625 

Duration 12 months

एक शेयर जो देगा शानदार मुनाफा

अगले एक साल में कमाई होगी जोरदार

जानिए एक्सपर्ट्स के NEW YEAR PICKS 2023

मार्केट एक्सपर्ट अंबरीश बलिगा का पसंदीदा शेयर Delhivery Ltd...क्यों खरीदें?#ZeeBizNewYear @ambareeshbaliga @AnilSinghvi_ #StockMarket

https://t.co/KkW7c5ekzZ pic.twitter.com/dneTFSDrPv

— Zee Business (@ZeeBusiness) December 19, 2022