Holi 2023 special stocks: Infosys, SBI, Asian Paints, Tata Motors among 12 shares for bumper returns

Stocks to buy on Holi 2023: As we celebrate Holi, the festival of colours, with great zeal and enthusiasm, Zee Business panellists have come up with stock ideas that can add colour to your portfolio. Here's a list of stocks that top analysts have recommended to Zee Business viewers for bumbler returns:

Infosys

Zee Business panellist Hemang Jani recommended buying shares of Infosys. He said that the stock is currently available at good entry level.

Sharad Avasthi also recommended Infosys to Zee Business viewers. He said the revenue growth is strong and the guidance has improved. He said that one can buy shares of Infosys for a price target of Rs 1,725.

SBI

Siddharth Sedani said that State Bank of India's earning growth will remain robust in the next 2 years. He recommended buying the shares of SBI for a price target of Rs 750/775.

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Asian Paints

Hemang Jani said that Asian Paints is a good stock for investors who have a 'buy' and 'hold' approach. He said the challenges of volume growth and margins have eased out lately. The company can give a CAGR return of 10-15 per cent. 

Siddharth Sedani recommended Asian Paints for a price target of Rs 3,570.

Power Grid

Siddharth Sedani recommended Power Grid which is a public sector undertaking under the Ministry of Power. He said that Power Grid can trade 2 times to price to book value. He said that Power Grid share price target would be Rs 75/80.

Polycab India
Sharad Avasthi recommended buyign shares pf Polycab fo a price target of Rs 3,455. He said company's margins are good and strong management guidance.

HDFC Bank

Sharad Avasthi recommended HDFC Bank shares to Zee Business viewers for a price target of Rs 1,950. Avasthi expects that the private lender's earnings will grow 17-18 per cent.

Hemang Jani said that HDFC Bank has a potential to yield a return of 16-18 per cent.

Tata Motors

Hemang Jani recommended Tata Motors, saying the next 2 years could be promising for investors who have a risk appetite.  

Bajaj Finance

Siddharth Sedani recommended Bajaj Finance for a price target of Rs 8,959. He said the company has strong books and strong disbursement.

PVR

Siddharth Sedani recommended PVR shares to Zee Business viewers for a price target of Rs 2,050. The average ticket price has improved and also there is a lot of scope for improvement in food and beverages.

Hero MotoCorp

Sharad Avasthi has recommended buying shares of Hero MotoCorp for a price target of Rs 3,000. He said the launch of the recent launch of electric scooter will result in a strong ramp-up.

Hindalco

Hemang Jani recommended Hindalco, saying the company's performance is consistent. He sees an upside of 18-20 per cent.

Pidilite

Hemang Jani recommended Pidilite shares to viewers. He said that the company has a positioning similar to a monopoly.

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