Stocks to Buy: Vedanta, Aditya Birla among 5 shares with an upside potential of up to 36%
Stock to buy: One may consider the brokerage recommendations for positive yield.
Stock to buy: Brokerage firms have recommended five stocks which could yield strong returns of up to 36 per cent. One may consider the brokerage recommendations for positive yield.
(Disclaimer: The advice given here to invest in stocks is from a brokerage house. These are not the views of Zee Business. Consult your wealth advisor before investing.)
Vedanta
Brokerage firm Nuvama Wealth has recommended to buy stock of Vedanta for the target price of Rs 374 per share. On December 6, 2022, the mining company settled at Rs 314 apiece. Investors can earn a return of Rs 60 per share or about 19 per cent.
Aditya Birla Fashion
Brokerage firm Motilal Oswal has recommended to buy stock of Aditya Birla Fashion for the target price of Rs 380 per share. On December 6, 2022, the counter finished at Rs.311 apiece. Investors can earn a return of Rs 69 per share or about 22 per cent.
Bata India
Brokerage firm Sharekhan has recommended to buy stock of Bata India for a target price of Rs 2055 per share. On December 6, 2022, the footwear retail company’s stock closed at Rs 1,714 per share. Investors can earn a return of Rs 341 per share or about 20 per cent.
Thermax
Brokerage firm Sharekhan has recommended to buy stock of Thermax for the target price of Rs 2790 per share. On December 6, 2022, the share finished at Rs. 2,050 per share. Investors can earn a return of Rs 740 per share or about 36 per cent.
Marico
Brokerage firm Sharekhan has recommended to buy stock of Marico for the target price of Rs 645 apiece. On December 6, 2022, the stock closed at Rs 501 apiece. Investors can earn a return of Rs 144 per share or 29 per cent.