Motilal Oswal Financial Services has 'buy' calls on these 5 stocks; note down targets

Except for real estate and financial services, the bulk of sectoral indexes were in the green in the morning.

Bhawna Gupta | May 15, 2024, 04:12 PM IST

Motilal Oswal suggests buying these 5 stocks for up to 30% gain, check targets

The stock market opened in green today, May 15. The BSE Sensex rose by 0.14 per cent at 73,208.23 in the morning trade at 9.20 AM, and Nifty 50 was up 43.85 points or 0.2 per cent at 22,261.70.

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Sectoral index

Sectoral index

Except for real estate and financial services, the bulk of sectoral indexes were in the green.

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US inflation

US inflation

Meanwhile, domestic benchmark indexes remained low in the afternoon trade on Wednesday, May 15. Investors around the world are watching the US inflation report for signs of potential rate cuts, with Canara Bank and JSW Energy in particular, after their inclusion in the emerging markets index. 

 

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5 Stocks to buy

5 Stocks to buy

Now, let's take a look at brokerage Motilal Oswal's call on some stocks that it suggested buying for a long-term perspective.

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Five-Star Business Finance

Five-Star Business Finance

Motilal Oswal has given a 'buy' rating on this stock with a target price of Rs 950, which is almost 28 per cent upside from the stock's closing price of Rs 745 on Tuesday, May 14. 

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Varun Beverages

Varun Beverages

The brokerage has given a 'buy' rating on Varun Beverages stock with a target price of Rs 1,720 which is a 15 per cent upside from the stock's closing price of Rs 1,490 on Tuesday, May 14.

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Jindal Steel & Power

Jindal Steel & Power

Motilal Oswal has given a 'buy' rating on this stock with a target price of Rs 1,090 which is a 12 per cent upside from the stock's closing price of Rs 979 on Tuesday, May 14.

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Aditya Birla Capital

Aditya Birla Capital

The brokerage has given a 'buy' rating on Aditya Birla Capital stock with a target price of Rs 260 which is an 18 per cent upside from the stock's closing price of Rs 220 on Tuesday, May 14.

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Apl Apollo Tube

Apl Apollo Tube

Motilal Oswal has given a 'buy' rating on this stock with a target price of Rs 1,800 which is a 14 per cent upside from the stock's closing price of Rs 1,580 on Tuesday, May 14.

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