Stocks to buy: Sanjiv Bhasin picks Ambuja Cements, IRCTC, Tata Motors and 4 other shares for bumper returns in 2023 - check price targets

Sanjiv Bhasin strategy, stocks today: IIFL Securities director and veteran market expert Sanjiv Bhasin on Monday said that in the last 10 sessions, the fall has been tremendous. He recommended shareholders to not panic and hold their portfolios. 

In a special segment 'Bhasin Ke Haseen Share' aired on Zee Business channel, he recommended seven stocks to the viewers for bumper returns in 2023.

Sanjiv Bhasin Stocks on Zee Business Monday, December 27

Ambuja Cements

Bhasin predicted that Ambuja would touch Rs 750-800 stock in 2023 since the company is increasing its capacity. Promoters have also increased their stake.

Buy Price- Rs 508.30

Target Price- Rs 750/800

Duration- 1 year

Before Budget, he said that Ambula will touch Rs 615.

Bandhan Bank

The market analyst recommended a buy in this stock for good returns. He said the bank is in a transition phase from uncollateralized to collateralized.

Buy Price- Rs 232.45

Target Price- Rs 275/325

Can Fin Homes

Buy Price- Rs 504.50

Target Price- Rs 625/640

IRCTC

The market analyst recommended this Indian Railways stock ahead of the Budget. He said that IRCTC is poised to gain.

Buy Price- Rs 618.95

Target Price- Rs 715

Tata Motors

Bhasin said the range of Tata motors is expanding its business. He said that Tata Motors is the best auto stock at the most reasonable price.

Buy Price- Rs 385.85

Target Price- Rs 650

REC Ltd.

Buy Price- Rs 111.50

Target Price- Rs 140/145

Duration- 3 months

SRF

The market analyst said that the company is headed to becoming 5th largest player in the sector.

Buy Price- Rs 2278.80

Target Price- Rs 2700

Duration- 2 months

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