Financial Freedom stocks: Here are 9 stocks that can boost your portfolio

Financial Freedom stocks: On the occasion of the 77th Independence Day, market experts and Zee Business panellists recommended nine stocks to add to your portfolio for bumper returns. 

Asian Paints 

Zee Business panellist and market expert Ambareesh Baliga recommended Asian Paints as his first pick. According to him, the company's margins are improving, and it has strong demand in Tier-2 and Tier-3 cities. He added that the company is aggressively launching new projects.

Baliga suggested buying Asian Paints stock for a target of Rs 3,960 apiece for the duration of a year.

UPL 

As his second pick, Baliga recommended buying shares of UPL for a target price of Rs 800 apiece for a year.

According to him, the company's Q1 results were not impressive, but improvement is expected. He also said that a correction in the stock is an opportunity to buy.

Dabur 

Zee Business panellist Ambareesh Baliga chose Dabur as his third pick for a target price of Rs 700 apiece for a year.

According to him, the distribution reach of the company is around Rs 77 lakh, of which 50 per cent is sales from the rural region. Touching on the Q1 results, he said that volume and revenue had recovered and the healthcare segment was seeing improvement. 

Tamil Nadu Newsprints & Papers 

Market expert and Zee Business panellist Dharmesh Kant suggested investors to buy shares of Tamil Nadu Newsprints & Papers at a target price of Rs 270 apiece for the duration of a year.

According to him, the company posted strong Q1 results. He added that demand traction is also strong, and a CAGR growth of 10 per cent to 20 per cent is expected. 

Hindustan Aeronautics Limited (HAL) 

As his second financial freedom pick, Kant chose HAL. He advised buying HAL stock for a target price of Rs 5,000 apiece for a year.

According to him, the company is benefiting from the government's 'Make in India' initiative, and the order book is quite strong.

JSW Energy 

Kant recommended buying shares of JSW Energy for a target price of Rs 430 apiece.

According to Kant, the company has planned capacity expansion ahead of schedule, and the management guidance is strong.

APL Apollo Tubes

Market expert and Zee Business panellist Siddharth Sedani has recommended buying shares of APL Apollo Tubes for a target price of Rs 1,760 apiece. 

According to Sedani, the Har Ghar Jal reform is helping the company grow. He added that the market share of the company in the structural steel tubes segment has increased to 55 per cent and Q1 results were also healthy.

Bajaj Finance

As his second pick, Sedani recommended buying shares of Bajaj Finance for a target price of Rs 9,650 apiece.

According to him, the company posted good Q1 results with 32 per cent growth in profit and the lowest gross non-performing assets, or GNPA, which is the sum of all the loans that have been defaulted by individuals.

Sansera Engineering

Sedani recommended buying shares of Sansera Engineering for a target price of Rs 1,125 apiece for a year.

According to the Zee Business panellist, the company posted good Q1 results and is expected to grow in the Electric Vehicle segment with a robust order book.

Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.