5 retail stocks to buy for up to 24% return - Check targets by brokerage
Retail Stocks to Buy: A strong impact of global sentiments is being seen on the stock market as equity benchmark indices rebounded in early trade on Monday after tumbling in the previous week amid a rally in global markets. Amid this volatility in the market, the second quarter results season is about to begin, which is an important trigger for the domestic market.
Retail Stocks to Buy
Retail Stocks to Buy: Amid this, there is an opportunity to invest in selected shares from the retail sector. Brokerage firm Centrum has released its report on the retail sector. The second quarter i.e. Q2FY25 will be a mixed bag for retail. The brokerage has advised to buy five shares. These include - Jubiliant Foodworks, Titan, Avenue Supermarts, V-Mart and CCL Products.
Retail Stocks to Buy: Jubilant Foodworks Share Price Target
Retail Stocks to Buy: Centrum has advised BUY on Jubilant Foodworks. The target price has been set at Rs 780 per share. On October 4, 2024, the share price closed at Rs 630. In this way, the stock can get around 24 per cent return from the current price.
Retail Stocks to Buy: Titan Share Price Target
Retail Stocks to Buy: Centrum has advised BUY on Titan. The target price has been given at Rs 4,327 per share. On October 4, 2024, the share price closed at Rs 3,692. In this way, the stock can give around 17 per cent return.
Retail Stocks to Buy: Avenue Supermarts Share Price Target
Retail Stocks to Buy: Centrum has advised BUY on Avenue Supermarts. The target price has been given at Rs 5,831 per share. On October 4, 2024, the share price closed at Rs 4,725. In this way, the stock can give around 24 per cent return.
Retail Stocks to Buy: V-Mart Share Price Target
Retail Stocks to Buy: Centrum has advised BUY on V-Mart. The target price has been set at Rs 5,197 per share. On October 4, 2024, the share price closed at Rs 4,420. In this way, the stock can give around 18 per cent return.
Retail Stocks to Buy: CCL Products Share Price Target
Retail Stocks to Buy: Centrum has advised BUY on CCL Products. The target price has been set at Rs 787 per share. On October 4, 2024, the share price closed at Rs 670. In this way, the stock can give around 17 per cent return.
Retail Stocks to Buy: Disclaimer
Retail Stocks to Buy: The advice to invest in stocks here has been given by the brokerage house. These are not the views of Zee Business. Consult your advisor before investing.