Stocks to buy: HDFC Bank, Asian Paints, NTPC among 5 shares for up to 25% return
Stocks to buy: One may consider the brokerage recommendations for positive yield.
Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 25 per cent in 2023. One may consider the brokerage recommendations for positive yield.
(Disclaimer: The advice given here to invest in stocks is given by a brokerage house. These are not the views of Zee Business. Consult your advisor before investing.)
HDFC Bank
Brokerage firm Sharekhan has recommended buying shares of HDFC Bank for a target price of Rs 1800 per share. On December 26, 2022, the stock closed at Rs 1,628. Investors can earn a return of Rs 172 per share or 11 per cent. Image source- Pixabay
NTPC
Brokerage firm Sharekhan has recommended buying shares of NTPC for a target price of Rs 200 per share. On December 26, 2022, the share of the PSU settled at Rs.166 apiece. Investors can earn a return of Rs 34 per share or about 20 per cent. Image source- Pixabay
Reliance Industries
Brokerage firm Sharekhan has recommended buying shares of Reliance Industries for a target price of Rs 3050 apiece. On 26 December 2022, the scrip of Indian Multinational conglomerate company ended at Rs 2,525. Investors can earn a return of Rs 525 per share or about 21 per cent. Image source- Pixabay.
Asian Paints
Brokerage firm Sharekhan has recommended buying shares of Asian Paints for a target price of Rs 3689 apiece. On December 26, 2022, the stock of the paint company finished at Rs 3,060 per share. Investors can earn a return of Rs 629 per share or about 20 per cent. Image source- Pixabay.
Gabriel India
Brokerage firm Sharekhan has recommended buying shares of Gabriel India for a target price of Rs 217 apiece. On December 26, 2022, the share of the company closed at Rs.173 per share. Investors can earn a return of Rs 44 per share or about 25 per cent. Image source- Pixabay