Shares to buy for long term: Brokerages bullish on 6 largecap, 6 midcap stocks; note down targets
Brokerages, Axis Securities, JM Financial, LKP Securities, and Geojit Financial are positive on six largecap stocks and six midcap scrips from a long term perspective.
Domestic equity benchmarks, Sensex and Nifty ended at fresh closing highs on the last week (July 26, 2024), after trading in the negative sphere in the previous five days.
Amid this market performance, many investors are looking for investment options for long-term growth on Dalal Street.
Analysts from domestic brokerages are positive on several sectors, including textile, finance, and FMCG.
Here's the list of these twelve stocks:
Axis Securities has a 'buy' call on the Ujjivan Small Finance Bank stock for a target of Rs 52.
JM Financial has recommended buying Aavas Financiers shares for a one-year target of Rs 2,000 each.
Axis Securities recommends buying Credit Access Grameen shares for a target of Rs 1,700.
Geojit Financial has an 'accumulate' rating on the South Indian Bank stock for a target of Rs 32.
Both Axis Securities and JM Financial have a 'buy' call on the AU Small Finance stock with one-year targets of Rs 725 and Rs 675.
Axis Securities and JM Financial have recommended buying the Welspun Living Ltd stock for targets of Rs 224 and Rs 210, respectively.
JM Financial has maintained a 'buy' call on the Tech Mahindra stock with a one-year target of Rs 1,760.
JM Financial has maintained a 'buy' call on the Tech Mahindra stock with a one-year target of Rs 1,760.
LKP Securities has maintained a 'buy' call on the Larsen & Toubro stock with a one-year target of Rs 3,985.
JM Financial has recommended buying the PNB Housing Finance stock for a one-year target of Rs 1,200.
JM Financial has maintained a 'buy' call on the Mahanagar Gas Ltd (MGL) stock with a one-year target of Rs 1,670.
JM Financial has recommended buying Westlife Foodworld shares for a one-year target of Rs 890 each.
Shares to buy for long term: Brokerages bullish on 6 largecap, 6 midcap stocks; note down targets
Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.