Stocks To Buy For 2023: Experts suggest these stocks for bumper gains next year - Check price target | New Year Pick 2023 on Zee Business
Stocks To Buy For 2023: The stocks were recommended in a special show New Year Pick 2023 aired on Zee Business
Stocks To Buy For 2023: In a special show titled 'New Year Pick 2023' on Zee Business, market experts recommended their stock pick for investors to reap maximum profits in the coming year.
KNR Constructions Limited
Siddhartha Khemka, Retail Research Head at Motilal Oswal Financial Services, recommended KNR Construction as his pick for bumper gains in the year 2023. Khemka said that the company's stock execution has improved. It has maintained an order book of Rs 8,000 crore and has received new orders of roughly Rs 3 to 4 crore.
He predicted a 2-year compound annual growth rate (CAGR) of 14 to 15 per cent and a strong margin of 18 to 19 per cent.
He said that KNRCL develops infrastructure across multiple domains, and added that the company will likely show a 30 per cent upside in 2023.
KNR Construction Share Price Target: Rs 350
Duration: 12 months
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